Meriden, Cherokee County, IA

Median Home Price Price

$171,598 $171.6K

Median Monthly Rent Rent

$917 $917

15.0x

Market Snapshot

Meriden, Cherokee County, IA is a city market with a median home price of $171,598, a median monthly rent of $917, a GRM of 15.0x, and a price-to-rent ratio of 15.6.

More markets to explore

Top recommendation Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $168.5K
Rent $1.6K
GRM 9.0x
Explore the data
Region Show
Cleghorn
$169K $1.6K 9.0x
$179K $761 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Garner, Hancock County, IA
$215K $890 20.0x
Kingsley, Plymouth County, IA
$240K $929 21.0x
$176K $907 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$231K $1.2K 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Meriden

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Benchmark comparison

Rent in Meriden, IA is 43.1% lower than Cleghorn, IA.

Meriden, IA
Cleghorn, IA
Delta
Median rent
$917
$1,611
+$694
Median price
$171,598
$168,501
-$3,097
YoY change
+$68
+$116
+$48
Price-to-rent
15.6x
8.7x
-6.9x

Key takeaways

  • Meriden, Cherokee County, IA has a middle-grm screening profile: At 15.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $68 year over year.
  • Rent in Meriden, IA is 43.1% lower than Cleghorn, IA.