Meridian vs Southaven
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 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
Median Home Price
$295,634.25
Median Rent
$1,734.52/mo
Price-to-Rent Ratio
14.2
Property Tax RateTIE
0.81%
Price Change (1Y)BETTER
+0.5%
Price Change (5Y)BETTER
+2.7%
Break-Even Years
N/A
10-Year Wealth Difference
$120,479
Key Differences
Home Prices
Meridian's median home price of $122,774.7 is lower than Southaven's $295,634.25 by 58%.
Monthly Rent
Renting in Meridian costs $1,195.67/mo compared to $1,734.52/mo in Southaven—a difference of $538.85/mo.
Buy vs Rent Verdict
Meridian favors either option, while Southaven favors renting.
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.