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 $218,355, lower than the Minnesota average of $269,934.
The average cost of rent is $1,036/mo in Meriden, primarily driven by the current value of real estate in the Meriden area. While nearly 42.93% of residents own their homes outright in Meriden, 9.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meriden is $7,470 per month. Households that rent pay about 13.87% of their income on rent here. Meriden's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Waseca, MN: less expensive homes
- Vista, MN: equally priced homes
- Hope, MN: equally priced homes
- Owatonna, MN: less expensive homes
- Otisco, MN: equally priced homes
- Medford, MN: equally priced homes
- Steele Center, MN: equally priced homes
- Morristown, MN: equally priced homes
- Litomysl, MN: equally priced homes
- Pratt, MN: higher priced homes
Cities with Similar Populations
- Shady Valley, TN: less expensive homes
- Kappa, IL: equally priced homes
- Keller, GA: higher priced homes
- Klemme, IA: less expensive homes
- La Grande, WA: higher priced homes
- Lakeview, NC: less expensive homes
- Latham, OH: less expensive homes
- Lenapah, OK: less expensive homes
- Lynch, KY: less expensive homes
- Machpelah, NC: equally priced homes
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