Foreclosure Homes in Meridian, MS 39305

Current Market Conditions in Meridian, MS

The real estate market in Meridian is currently experiencing a steady increase in property values, driven by demand from families and investors alike. Despite being a smaller city, its affordable housing options are attracting both first-time homebuyers and seasoned investors looking for rental properties.

As the local economy continues to grow, driven by regional industries and a focus on community development, the housing market is expected to remain strong. Investors may find favorable conditions for purchasing properties with good rental yields.

Rent Prices In Meridian, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Meridian, MS, is on a rollercoaster ride. The average rent price in Meridian, MS, is $1,020.00. Indeed, when looking to rent in Meridian, MS, you can expect to pay as little as $470.00 or as much as $2,840.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Meridian, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.