Housing & Real Estate — Melbourne, Arkansas

Overview

Total Housing Units1,001
Occupied781
Vacant220
Owner-Occupied430
Renter-Occupied351
Median Home Value (Census)$172,800
Estimated 2026~$228,000
Median Rent$620/mo
Median Property Tax$906/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income18.9%
Severely Rent-Burdened24.3%

Housing Age

Built 2010 or later78
Built 2000-2009155
Built 1990-1999124
Built before 1960122
Median Year Built1980
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.