Home prices
The median home in Meriden is valued at $171,900. Compared to its surrounding areas this is roughly $91,980 (34%) lower.In comparison to the United States as a whole it is roughly $45,600 (20%) lower, and compared to the city of New York it is about $434,100 (71%) lower.
Rents
The median monthly rent in Meriden is $1,027. Compared to its surrounding areas this is approximately $65 (5%) lower.Compared to the United States as a whole it is approximately $35 (3%) lower, and is about $416 (28%) lower in comparison to the city of New York.
Nearby places
Middletown
Middletown is Meriden's neighbor to the east. The housing prices there are somewhat more expensive. Middletown's median home cost is $231,300, which works out to $59,400 (25%) higher than Meriden. Rents there are a little more expensive. Middletown's median monthly rent is $1,133, which is $106 (9%) higher than Meriden.
Cheshire Village
Cheshire Village is approximately 5 miles southwest from Meriden. Real estate prices there are a lot more expensive. Cheshire Village's median home value is $319,500, which comes out to $147,600 (46%) higher than Meriden. Its rents are somewhat less expensive. In Cheshire Village the median rent is $960 a month, which works out to $67 (6%) lower than Meriden.
Plantsville
Plantsville is roughly 5 miles northwest of Meriden. Real estate prices there are significantly more expensive. The value of the median home in Plantsville is $270,100, which works out to $98,200 (36%) higher than Meriden. Rent there is pretty similar. In Plantsville the median rent is $1,072 a month, which is $45 (4%) higher than Meriden.
Wallingford Center
Wallingford Center is about 5 miles south of Meriden. Real estate prices there are somewhat more expensive. The median home price in Wallingford Center is $238,200, which is $66,300 (27%) higher than Meriden. Rent there is similar. The median monthly rent in Wallingford Center is $1,049, which works out to $22 (2%) higher than Meriden.
Kensington
Kensington is about 6 miles north of Meriden. The real estate prices there are significantly more expensive. The median home in Kensington is valued at $260,300, which works out to $88,400 (33%) higher than Meriden. The rent there is somewhat more expensive. In Kensington the median rent is $1,244 per month, which is $217 (17%) higher than Meriden.