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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 $277,029, lower than the Minnesota average of $345,793.
The average cost of rent is $1,210/mo in Meriden, primarily driven by the current value of real estate in the Meriden area. In Meriden, 5.50% of households rent, and 44.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Meriden is $8,244 per month. Households that rent pay about 14.68% of their income on rent here. Meriden’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waseca, MN: less expensive homes
- Vista, MN: equally priced homes
- Hope, MN: equally priced homes
- Owatonna, MN: less expensive homes
- Otisco, MN: higher priced homes
- Medford, MN: equally priced homes
- Steele Center, MN: higher priced homes
- Morristown, MN: less expensive homes
- Litomysl, MN: higher priced homes
- Pratt, MN: higher priced homes
Cities with Similar Populations
- Shady Valley, TN: less expensive homes
- Kappa, IL: less expensive homes
- Keller, GA: higher priced homes
- Klemme, IA: less expensive homes
- La Grande, WA: higher priced homes
- Lakeview, NC: equally priced homes
- Latham, OH: less expensive homes
- Lenapah, OK: less expensive homes
- Lynch, KY: less expensive homes
- Machpelah, NC: higher priced homes
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