I'm currently in the wonderful process of finding a place to stay in Meridian. Is it cheaper/smarter to rent a house or an apartment? It was defiantly smarter to rent a house here in Milton.
I agree that, if you intend to rent, getting a house with a couple others is the way to go. However, when I was stationed at VT-7, we had a couple pairs of students who bought a house and then rented it when they left. We had another pair who bought and then they both wound up as SERGRADS, and they too rented it after they left. We also had two students who bought on their own. One was married, and I heard they kept it for about ten years or so and made a great return on investment. The other was single, but then had three other IPs and a student rent rooms so that it paid for itself.
Just a thought. Meridian is growing and is a pretty well kept secret among civilians. I know a couple who have bought homes on golf courses there, having moved from Jackson and New Orleans, because of the value for their money and because they like the small town atmosphere with lots of outdoor sports available, military presence, and proximity to larger cities.