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 $136,874, lower than the Mississippi average of $145,564.
The average cost of rent is $851/mo in Meridian, primarily driven by the current value of real estate in the Meridian area. While nearly 55.89% of residents own their homes outright in Meridian, 40.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meridian is $4,047 per month. Households that rent pay about 21.02% of their income on rent here. Meridian's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Marion, MS: higher priced homes
- Pine Springs, MS: equally priced homes
- Russell, MS: less expensive homes
- Wolf Springs, MS: higher priced homes
- Vimville, MS: equally priced homes
- Toomsuba, MS: less expensive homes
- Meehan, MS: higher priced homes
- Schamberville, MS: higher priced homes
- Increase, MS: less expensive homes
- Enterprise, MS: equally priced homes
Cities with Similar Populations
- Covington, LA: higher priced homes
- Sebring, FL: equally priced homes
- Hyattsville, MD: higher priced homes
- Lancaster, OH: higher priced homes
- Liverpool, NY: higher priced homes
- Apache Junction, AZ: higher priced homes
- Montgomery, TX: higher priced homes
- Normal, IL: higher priced homes
- North Highlands, CA: higher priced homes
- Oak Park, IL: higher priced homes
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