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Palestine, AR
Full City Profile · Arkansas · Lee County County
2.5
/5.0
C+
Fair
665
Population
195/sq mi density
$34,896
Median Income
$19,493 per capita
$57,600
Home Value
$129,211 Zillow
$663
Median Rent
32.0% income on rent
62°F
Avg Temperature
301 sunny days/yr
561
Violent Crime/100K
3,800 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$34,896 median income, 5.0% unemployment
A+
Affordability
5.0 / 5.0
$57,600 home value, $663/mo rent
F
Safety
1.0 / 5.0
561 violent crimes/100K (48% above avg)
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher
Housing Overview
Median Home Value
$57,600
80% below
US avg: $281,900
Median Rent
$663/mo
43% below
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
300
Median year built: 1983
Home Value by Source
Census Median
$57,600
Zillow (ZHVI)
$129,211
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.7%
Owner-Occupied
30.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent:
$663/mo
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
69.7%
Complete Housing Data
Home Values
| Census Median Value | $57,600 |
| Zillow Home Value (ZHVI) | $129,211 |
Rent
| Census Median Rent | $663 |
| FMR Studio | $700 |
| FMR 1-Bedroom | $751 |
| FMR 2-Bedroom | $944 |
| FMR 3-Bedroom | $1,239 |
| FMR 4-Bedroom | $1,406 |
Market
Ownership & Stock
| Owner-Occupied | 69.7% |
| Renter-Occupied | 30.3% |
| Homeownership Rate | 69.7% |
| Total Housing Units | 300 |
| Median Year Built | 1983 |
| Rent Burden | 32.0% |