Cost of Living in Lee County, Arkansas

$638/mo
Median Monthly Rent
$77,900
Median Home Value
16% below state averageUnaffordable

At a Glance

Median Monthly Rent
$638/mo
16% below state average
Median Home Value
$77,900
72% below national
Rent-to-Income Ratio
39.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Lee County Compares

Median monthly rent comparison

Lee County$638/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$638/mo
Median Gross Rent
$77,900
Median Home Value
$511/mo
Monthly Owner Cost
39.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lee County, Arkansas

Lee County's income pressure peaks here

Lee County's rent-to-income ratio of 20.8% ranks above national standards, representing one of the steepest burdens in this group despite modest rent of $638. Median household income of just $36,860—the lowest among these eight counties—creates acute affordability strain despite rental costs remaining among the region's cheapest.

Well above Arkansas affordability average

At 20.8%, Lee County's rent-to-income ratio substantially exceeds Arkansas's 18.1% state average, signaling heightened affordability pressure. The county's median income of $36,860 ranks as the lowest statewide in this analysis, driving affordability challenges despite sub-$640 median rent.

Cheapest rents, toughest income squeeze

Lee County's $638 median rent ranks among the region's lowest, but the county's $36,860 median income is lowest as well, creating a squeeze despite cheap housing. Home values of $77,900 offer the second-cheapest entry point for buyers, yet affordability remains constrained by income constraints.

Housing strains the tightest budgets

Lee residents with $36,860 median income dedicate 20.8% to rent ($638/month) and 16.6% to mortgage costs, consuming 37.4% toward housing. Combined with the lowest income base, households face the region's toughest squeeze on discretionary spending and emergency savings.

Lee County requires strategic planning

Relocating to Lee County demands incoming income substantially above the county median, as the combination of low area wages and housing burden leaves minimal room for adjustment. The county suits only those with secure, above-average earnings seeking the region's lowest home and rental prices.

Affordability Calculator

See how your income compares to housing costs in Lee County

$

Rent Burden

20.8%

of gross income

Max Housing (28% Rule)

$860

per month

Owner Cost Burden

16.6%

of gross income

You can likely afford the median home in Lee County

Median home value is $77,900. Estimated monthly cost: $622 vs. your max of $860.

Rent Affordability Guide

Your rent-to-income ratio20.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lee County, Arkansas?
Lee County, Arkansas has a median monthly rent of $638/mo and a median home value of $77,900. The affordability rating is Unaffordable, with rent making up approximately 39.0% of median household income.
What is the median rent in Lee County?
The median gross rent in Lee County is $638/mo. This is 16% below state average for Arkansas.
Is Lee County affordable?
Lee County is rated Unaffordable based on rent-to-income ratio of 39.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lee County's rent compare to the state average?
Lee County's median rent of $638/mo is 16% below state average of $760/mo for Arkansas.
What is the median home value in Lee County?
The median home value in Lee County, Arkansas is $77,900. This is 72% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.