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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 $158,905, lower than the New York average of $610,895.
The average cost of rent is $927/mo in Meridian, primarily driven by the current value of real estate in the Meridian area. In Meridian, 12.03% of households rent, and 43.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Meridian is $6,517 per month. Households that rent pay about 14.23% of their income on rent here. Meridian’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cato, NY: higher priced homes
- Ira, NY: equally priced homes
- Emerson, NY: higher priced homes
- Plainville, NY: higher priced homes
- Floridaville, NY: equally priced homes
- Jordan, NY: equally priced homes
- Memphis, NY: higher priced homes
- South Hannibal, NY: equally priced homes
- Weedsport, NY: less expensive homes
- Spring Lake, NY: less expensive homes
Cities with Similar Populations
- Lecoma, MO: higher priced homes
- Sheppards, GA: higher priced homes
- Shelby, WI: higher priced homes
- Seymour, IL: higher priced homes
- Melvin, IL: less expensive homes
- Longwood, WI: higher priced homes
- Lohman, MT: higher priced homes
- Little Gap, PA: higher priced homes
- Leino Park, MA: higher priced homes
- Leedey, OK: less expensive homes
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