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 $144,538, lower than the Texas average of $235,268.
The average cost of rent is $638/mo in Meridian, primarily driven by the current value of real estate in the Meridian area. While nearly 59.57% of residents own their homes outright in Meridian, 32.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Meridian is $5,589 per month. Households that rent pay about 11.41% of their income on rent here. Meridian's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Morgan, TX: higher priced homes
- Womack, TX: equally priced homes
- Walnut Springs, TX: equally priced homes
- Iredell, TX: less expensive homes
- Laguna Park, TX: higher priced homes
- Lakewood Harbor, TX: equally priced homes
- Fairy, TX: less expensive homes
- Whitney, TX: less expensive homes
- Duffau, TX: higher priced homes
- Smiths Bend, TX: equally priced homes
Cities with Similar Populations
- St. Elmo, AL: equally priced homes
- Hyndman, PA: less expensive homes
- Kalida, OH: higher priced homes
- Kenwood, VA: equally priced homes
- Kintnersville, PA: higher priced homes
- Laurel Springs, NJ: higher priced homes
- Lisle, NY: less expensive homes
- Ludlow, VT: higher priced homes
- Ainsworth, NE: less expensive homes
- Monroe, TN: equally priced homes
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