States › Alabama › Meridianville

Is Meridianville, AL expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,41819% lower than U.S. average
💵 Families earn per year (2026)$105,083about $8,757/month · 21% higher than U.S. average
🔑 House price$291,90012% lower than U.S. average

Rent is lower than in 63% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (92.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $56,720 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

No. Rent here is more expensive than in most of Alabama. It is number 86 of 120 cities from cheapest to most expensive.

Meridianville
$1,418
$698
$945
$1,739
$1,033

How much do households earn in Meridianville?

Under $25k
7.8%
$25k–50k
18.1%
$50k–100k
31.3%
$100k–150k
19.3%
$150k+
20.6%

Share of households by yearly income. 39.9% of households earn $100,000 or more.

Rent by apartment size in Meridianville

SizeMeridianvilleU.S. average
2 bedrooms$1,022$1,509
3 bedrooms$1,739$1,698
4 bedrooms$2,075$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Meridianville overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing
62
Goods (food, clothes…)
96
Utilities
85
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Meridianville, so the Alabama figure is shown.

Taxes and bills in Meridianville

🏛️ Property tax$875a year · 0.30% of home value · U.S. $3,119
⚡ Electric bill$217a month (typical) · U.S. $156

Life in Meridianville

Commute to work25.2 minU.S.: 26.4 min
College degree43.4%U.S.: 35.7%
Own their home92.5%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment4.2%U.S.: 5.2%

Is it cheaper to rent or buy in Meridianville?

Renting is cheaper right now: about $607 a month less.

Renting
$1,418
Owning
$2,025

Owning assumes a typical $291,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,190 for the down payment.

Frequently asked questions

What is the average rent in Meridianville, AL?

Renting in Meridianville costs a median of about $1,418 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Meridianville?

To keep rent under 30% of income, you need about $56,720 a year, or $27 an hour at a full-time job.

Is Meridianville cheap or expensive?

Meridianville is rated Cheap: rent takes 16.2% of the typical household income of $105,083. It ranks 86th cheapest of 120 Alabama cities we track.

How much are property taxes in Meridianville?

The median homeowner in Meridianville pays $875 a year in property taxes, about 0.30% of the median home value.

Is Meridianville more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Meridianville?

The median home value in Meridianville is $291,900, about 2.8 times the typical yearly household income.

11,150 people live in Meridianville. Numbers are typical (middle) values.