Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merit area can be challenging. Home prices in Merit are now at a median cost of $82,320, lower than the Mississippi average of $145,564.
The average cost of rent is $815/mo in Merit, primarily driven by the current value of real estate in the Merit area. While nearly 66.81% of residents own their homes outright in Merit, 8.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merit is $4,426 per month. Households that rent pay about 18.41% of their income on rent here. Merit's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Mendenhall, MS: higher priced homes
- D'Lo, MS: equally priced homes
- Weathersby, MS: higher priced homes
- Pinola, MS: higher priced homes
- Sanatorium, MS: higher priced homes
- Braxton, MS: equally priced homes
- Touchstone, MS: equally priced homes
- Magee, MS: higher priced homes
- Harrisville, MS: equally priced homes
- Martinville, MS: higher priced homes
Cities with Similar Populations
- Rodman, SC: higher priced homes
- Oil City, MS: higher priced homes
- Oilton, TX: less expensive homes
- Okauchee Lake, WI: higher priced homes
- Old St. Louis, IN: higher priced homes
- Oldtown, KY: higher priced homes
- Oleta, OK: equally priced homes
- Olivet Hill, MD: higher priced homes
- Olivia, TX: higher priced homes
- Opdyke West, TX: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood