Rental numbers for the Meridian, MS metro
The typical home here cash-flows about $140 a month at 7.78% with 25% down.
- Gross yield
- 13.2%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- +$140/mo
- at 7.78%, 25% down
- Typical price
- $123,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,354/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
16 with published figures
| 39307Meridian | $64,000 | $900* | 16.9% | 8.8% | +$126 | n/a |
| 39363Stonewall | $66,000 | $870* | 15.8% | 7.7% | +$69 | n/a |
| 39355Quitman | $104,000 | $990* | 11.5% | 6.2% | -$22 | n/a |
| 39301Meridian | $98,000 | $900* | 11.0% | 5.2% | -$100 | n/a |
| 39360Shubuta | $100,000 | $870* | 10.4% | 5.0% | -$120 | n/a |
| 39323Chunky | $155,000 | $1,240* | 9.6% | 5.3% | -$147 | n/a |
| 39364Toomsuba | $141,000 | $1,060* | 9.0% | 4.3% | -$253 | n/a |
| 39335Lauderdale | $150,000 | $1,070* | 8.6% | 4.0% | -$308 | n/a |
| 39354Preston | $144,000 | $1,020* | 8.5% | 4.2% | -$268 | n/a |
| 39328De Kalb | $133,000 | $910* | 8.2% | 3.8% | -$301 | n/a |
| 39326Bailey | $140,000 | $900* | 7.7% | 3.5% | -$351 | n/a |
| 39330Enterprise | $154,000 | $900* | 7.0% | 2.9% | -$453 | n/a |
| 39342Marion | $184,000 | $1,030* | 6.7% | 2.6% | -$588 | n/a |
| 39305Meridian | $190,000 | $1,000* | 6.3% | 2.4% | -$650 | n/a |
| 39320Bailey | $199,000 | $990* | 6.0% | 2.4% | -$678 | n/a |
| 39325Collinsville | $214,000 | $970* | 5.4% | 1.9% | -$823 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.1%
- Rent, 12 months
- +8.5%
- Rent minus price growth
- +8.4 pts
- Property tax
- 0.70%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $122,650 | n/a |
| Aug 2022 | $135,544 | n/a |
| Aug 2023 | $128,106 | n/a |
| Aug 2024 | $127,333 | $1,188 |
| Aug 2025 | $123,389 | $1,248 |
| Aug 2026 | $123,497 | $1,354 |
Counties
- Lauderdale County, MSn/a median yield
- Newton County, MSn/a median yield
- Kemper County, MSn/a median yield
- Clarke County, MSn/a median yield
Tools
Questions
- Is the Meridian, MS metro good for rental property?
- The typical home here cash-flows about $140 a month at 7.78% with 25% down. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Meridian, MS metro have the highest rental yield?
- , on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.