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Meridian vs Oxford for Rental Property Investing

Side-by-side comparison of Meridian, MS and Oxford, MS — cap rates, rent, prices, and investment metrics.

Meridian wins 3–0 across key metrics
Meridian leads on cash flow (8.45% vs 5.15% cap rate)
Metric
Meridian, MS
Oxford, MS
Est. Cap Rate
8.45%
5.15%
Median Home Price
$120,000
$395,000
Median Monthly Rent
$1,070
$2,350
1% Rule
0.89%
0.59%
GRM
9.3x
14.0x
Price / Income
3.1x
10.0x
Property Tax Rate
0.66%
0.66%
Vacancy Rate
7.4%
7.4%
Population Growth
0.2% / yr
0.2% / yr
Annual Appreciation
1.8%
1.8%
Population
50,000
50,000
Median Income
$39,333
$39,333

Meridian vs Oxford: Which Is Better for Investors?

Cash flow: Meridian has the edge with an estimated cap rate of 8.45% compared to Oxford's 5.15%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $120,000 in Meridian vs $395,000 in Oxford, while rents come in at $1,070/mo and $2,350/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Meridian is growing faster at 0.2% annually vs Oxford's 0.2%. Meridian leads on home value appreciation at 1.8% per year.

Costs & risk: Property taxes are 0.66% in Meridian vs 0.66% in Oxford. Vacancy rates of 7.4% and 7.4% are both elevated, warranting conservative cash flow projections.

Entry point: Meridian offers a lower entry at $120K vs Oxford's $395K — a difference of $275K. With a 20% down payment, that's $24K vs $79K. Meridian combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Meridian edges out Oxford on most key metrics. With a 8.45% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Meridian or Oxford.

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Meridian, MS
8.45% cap rate · $120,000 median · $1,070/mo
Full analysis →
Oxford, MS
5.15% cap rate · $395,000 median · $2,350/mo
Full analysis →

Frequently Asked Questions

Is Meridian or Oxford better for rental investing?
Meridian wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Meridian's 8.45% cap rate and $120K median price offer both higher returns and a lower entry point.
What is the cap rate difference between Meridian and Oxford?
Meridian has a 8.45% cap rate vs Oxford's 5.15% — a difference of 3.30 percentage points. This is a significant gap that meaningfully impacts cash flow. For context, the national average is 3.81%.
Which city has lower property taxes?
Oxford has lower property taxes at 0.66% vs 0.66%. On a $258K property, that's a difference of approximately $1,815/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Meridian is growing at 0.2% annually vs Oxford's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Meridian's appreciation rate of 1.8% also leads on home value growth.

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