Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Meriden area can be challenging. Home prices in Meriden are now at a median cost of $183,604, lower than the Connecticut average of $357,181.
The average cost of rent is $1,271/mo in Meriden, primarily driven by the current value of real estate in the Meriden area. While nearly 36.77% of residents own their homes outright in Meriden, 36.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meriden is $5,892 per month. Households that rent pay about 21.57% of their income on rent here. Meriden's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Middlefield, CT: higher priced homes
- Wallingford, CT: higher priced homes
- Rockfall, CT: higher priced homes
- Milldale, CT: higher priced homes
- Wallingford Center, CT: higher priced homes
- Cheshire, CT: higher priced homes
- Plantsville, CT: higher priced homes
- Kensington, CT: higher priced homes
- Southington, CT: higher priced homes
- Middletown, CT: higher priced homes
Cities with Similar Populations
- Elyria, OH: less expensive homes
- Santee, CA: higher priced homes
- Lake Havasu City, AZ: higher priced homes
- Lakeville, MN: higher priced homes
- Lebanon, TN: higher priced homes
- Piscataway, NJ: higher priced homes
- Pocatello, ID: equally priced homes
- Richland, WA: higher priced homes
- Rosemead, CA: higher priced homes
- San Gabriel, CA: higher priced homes
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