Melbourne, AR Housing Statistics

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B+

57%

Med. Home Val. NAT. AVG.

43%

Rent NAT. AVG.

6%

Owner Occ. NAT. AVG.

Melbourne Housing Information

Index	Melbourne	Arkansas	National
Median home price	$142,077	$208,973	$326,622
Median rent asked	$829	$1,051	$1,444
Avg. people per household	2.1	2.5	2.6
Owner occupied households	59.7%	65.7%	63.6%
Renter occupied households	40.3%	34.3%	36.4%

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Homes For Sale In Melbourne, AR

115a Greasy Bottom RD

Melbourne, AR

140 Spring St

Melbourne, AR

4721 W AR 58 Hwy

Melbourne, AR

50 Serenity Ln

Melbourne, AR

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Housing Quick Facts

The median home price in Melbourne is 57% lower than the national average.
The median rent asked in Melbourne is 43% lower than the national average.
The average number of people per household in Melbourne is 20% lower than the national average.
The number of owner occupied households in Melbourne is 6% lower than the national average.
The number of renter occupied households in Melbourne is 11% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Guion, AR	95	$0	100%
Franklin, AR	121	$87,883	73%
Sidney, AR	147	$108,668	67%
Cushman, AR	444	$129,479	60%
Oxford, AR	722	$130,575	60%
Melbourne, AR	1,710	$142,077	57%

Cities with similar population

	Population	Home Price	National Avg.
Smethport, PA	1,710	$163,062	50%
Hollis, OK	1,709	$94,280	71%
Gallatin, MO	1,709	$170,208	48%
West Liberty, WV	1,711	$210,094	36%
Craig Beach, OH	1,711	$217,428	33%
Melbourne, AR	1,710	$142,077	57%

Source: The Melbourne, AR housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.