Gulfport vs Meridian
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Meridian has an edge
Meridian edges ahead based on overall market conditions.
Median Home Price
$220,811.09
Median Rent
$1,389.67/mo
Price-to-Rent Ratio
13.2
Property Tax RateTIE
0.81%
Price Change (1Y)BETTER
+0.0%
Price Change (5Y)BETTER
+0.1%
Break-Even Years
N/A
10-Year Wealth Difference
$89,637
Median Home PriceBETTER
$122,774.7
Median RentBETTER
$1,195.67/mo
Price-to-Rent RatioBETTER
8.6
Property Tax RateTIE
0.81%
Price Change (1Y)
-0.9%
Price Change (5Y)
-4.7%
Break-Even YearsBETTER
12 years
10-Year Wealth DifferenceBETTER
$1,396
Key Differences
Home Prices
Gulfport's median home price of $220,811.09 is higher than Meridian's $122,774.7 by 80%.
Monthly Rent
Renting in Gulfport costs $1,389.67/mo compared to $1,195.67/mo in Meridian—a difference of $194/mo.
Buy vs Rent Verdict
Gulfport favors renting, while Meridian favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.