Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Meridian area can be challenging. Home prices in Meridian are now at a median cost of $112,461, lower than the Arkansas average of $160,541.
The average cost of rent is $537/mo in Meridian, primarily driven by the current value of real estate in the Meridian area. While nearly 60.40% of residents own their homes outright in Meridian, 20.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meridian is $3,868 per month. Households that rent pay about 13.88% of their income on rent here. Meridian's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- White, AR: equally priced homes
- South Crossett, AR: higher priced homes
- Gulledge, AR: equally priced homes
- Crossett, AR: less expensive homes
- West Crossett, AR: less expensive homes
- Beekman, LA: equally priced homes
- North Crossett, AR: less expensive homes
- Felsenthal, AR: less expensive homes
- Berlin, AR: equally priced homes
- Huttig, AR: less expensive homes
Cities with Similar Populations
- Adrian, IL: less expensive homes
- Tererro, NM: less expensive homes
- Texas City, IL: less expensive homes
- Tuskeegee, NC: higher priced homes
- Ballengee, WV: equally priced homes
- Tunica, LA: higher priced homes
- Avery Creek, NC: higher priced homes
- Timber, MO: higher priced homes
- Arena, ND: less expensive homes
- Anvik, AK: less expensive homes
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