Commercial Real Estate Market in Meridian, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
44 active listings and 1,818 off-market properties in Meridian, MS. Commercial property asks $72/SF to buy (based on 7 listings) and $11.00/SF/Yr to lease (based on 4 listings).
Market Trends
Meridian, MS spans 459.9 square miles in Lauderdale County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Meridian, MS runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Meridian, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Meridian, MS runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Meridian, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.3%
- Civic 18.2%
- Commercial 14.3%
- Industrial 12.2%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Meridian, MS zones 35,059 acres across 12 districts. Commercial zoning covers 14.3% of zoned land, residential 55.3% and industrial 12.2%. The largest single district is Single Family Residential District at 25.6%. For commercial buyers the practical constraint is that only 26.5% of land carries a commercial or industrial designation.
The purpose of R1 District is for single family dwellings and related recreational, religious and educational facilities normally required to provide the basic elements of a balanced and attractive residential area
Market overview
Demographics & Economy
Meridian, MS has 59,740 residents in 27,960 households. Density runs 130 people per square mile. Median household income here is $46,100 and median gross rent $910 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Meridian?
How much does it cost to lease commercial space in Meridian?
What zoning applies to commercial property in Meridian?
Where does Realmo's Meridian market data come from?
Methodology & data sources
- Asking prices and medians
- There are 27 active for-sale and 17 active for-lease listings in Meridian, MS. The medians are based on 7 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 35,059 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
