New Meridian Estates
4524 Highway 39 N,
Meridian, MS 39301
1-3 Beds | $730 - $890
Rental Market Trends in Meridian, MS
Updated July 2026
The average rent in Meridian, MS is $874/month.
Rent in Meridian is 47% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$874/month
Average Rent
661 Sq Ft
Average Size
+3.5%
Change / Year
122
Available Apartments
Meridian rent varies by unit size and layout:
- Studio apartments in Meridian average per month.
- One-bedroom apartments in Meridian average $874 per month.
- Two-bedroom apartments in Meridian average $1,006 per month.
- Three-bedroom apartments in Meridian average $1,084 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Meridian, MS?
In the past year, rent has increased by 3.5%, which averages out to $31 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Meridian, MS
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
52%
$700 - $1,000/month
29%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Meridian, MS?
Because the average rent in Meridian is $874, you’ll want to make about $2,913 per month or $34,956 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Meridian, MS is 15.2% lower than the national average. Generally, housing in Meridian is 36.6% less expensive than the national average, with rent falling between $0 - $1,084. You can expect to pay 5.9% less for groceries, 2.2% less for utilities, and 10.7% less for transportation.
How does Meridian, MS compare to other nearby cities and neighborhoods?
Use the tool below to compare Meridian, MS to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Meridian Area GuideApartment Communities in Meridian We Think You'll Love
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Frequently Asked Questions
What is the average rent in Meridian?
The average rent in Meridian is $874 per month, which is 47.4% lower than the national average of $1,663.
Are rents going up or down in Meridian?
Rents in Meridian, MS are increasing, with prices up 3.5% year-over-year and $31 more per month.
What rent range is most common in Meridian?
In Meridian, MS, 52% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.