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.