Meridian, TX

City

Rent in Meridian

Median Gross Rent

$738

Rent-to-Income Ratio

26.0%

Renter Share

49.1%

Median Renter Income

$42,731

Avg Household Size

2.6

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $517
2 Bedrooms: $850
3 Bedrooms: $929

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 67.6%
$1,000-$1,500: 25.6%
$1,500-$2,000: 1.6%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 5.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 38.9%
20-30% (moderate): 14.3%
30-50% (cost-burdened): 20.3%
50%+ (severely cost-burdened): 20.6%
Not Computed: 5.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $97,536
Renter Households: $42,731

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 78.2%
$1,000-$1,500: 14.9%
$1,500-$2,000: 1.6%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 5.3%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Meridian

Neighborhood

Bosque, TX

Lakeside Village / Cedar Shores

Kopperl / Brazos Point

Cayote / Crossroad Store

Laguna Park / Lakewood Harbor

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources