Market Summary

Melbourne, Izard County, AR

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Median Home Price Price

$170,771 $170.8K

Median Monthly Rent Rent

$715 $715

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Izard County

Region Price Rent GRM Display
$186,623 $465 33.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AR outside of Izard County

Region Price Rent GRM Display
$196,867 $1,077 15.0x
$163,576 $854 16.0x
$173,322 $1,058 14.0x
$155,158 $895 14.0x
$165,878 $737 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AR

Region Price Rent GRM Display
$126,099 $1,142 9.0x
$163,016 $1,054 13.0x
$185,971 $1,152 13.0x
$119,013 $738 13.0x
$154,670 $736 18.0x
$138,819 $851 14.0x
$184,089 $934 16.0x
$137,369 $751 15.0x
$284,592 $721 33.0x
$154,653 $888 15.0x
$180,838 $740 20.0x
$176,145 $985 15.0x
$101,418 $1,189 7.0x
$255,770 $769 28.0x
$118,177 $1,143 9.0x
$224,655 $800 23.0x
$187,305 $1,094 14.0x
$152,500 $866 15.0x
$289,581 $705 34.0x
$189,951 $1,003 16.0x
$243,324 $687 29.0x
$241,438 $1,072 19.0x
$259,921 $1,226 18.0x
$314,027 $682 38.0x
$139,023 $1,074 11.0x
$173,924 $1,097 13.0x
$167,918 $1,034 14.0x
$143,875 $750 16.0x
$233,004 $778 25.0x

Home prices

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Monthly rent

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GRM

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Melbourne

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Trend Insights

Median Rent in Melbourne, AR is $715, with MoM change +$6 and YoY change +$38 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melbourne, AR.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Melbourne, AR
Compare market Select a market
Delta vs base
Median rent
$715
N/A
Median price
$170,771
N/A
YoY change
+$38
N/A
Price-to-rent
19.9x
Data unavailable
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