Cost of Living in Lee County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Lee County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lee County ranks #86 of 3,142 counties for affordability (top 3%)
Sourced county brief
Lee County official GRAPI estimated at 39.3 percent
Lee County official median gross rent as a percentage of household income (GRAPI) was 39.3%. This is 10.9 percentage points higher than the Arkansas unweighted county mean GRAPI of 28.4%. The median income for renter-households was $17,377. Median gross rent in the county was $667 per month, which is below the Arkansas unweighted county mean of $774. For owners, the median selected monthly owner cost was $485, compared to the state unweighted county mean of $663. The median home value was estimated at $75,300, while the state unweighted county mean was $141,465. These statistics are based on the ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Lee County
Affordability Verdict
ACS B25071 estimates median gross rent at 39.3% of renter household income in Lee County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $667 per month; median selected monthly owner costs are $485. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $26,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Arkansas unweighted mean of county median rents is $774 per month. Lee County's $667 median is 13.8% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Lee County
Rent Burden
23.3%
of gross income
Max Housing (28% Rule)
$802
per month
Owner Cost Burden
16.9%
of gross income
You can likely afford the median home in Lee County
Median home value is $75,300. Estimated monthly cost: $601 vs. your max of $802.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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