Melbourne vs Fayetteville: Housing
| Melbourne | Fayetteville | |
|---|---|---|
| Median Home Value | $172,800 | $349,600 |
| Median Gross Rent | $601/mo | $1,065/mo |
| Homeownership Rate | 54.9% | 41.8% |
| Rent as Share of Income | 18.3% | 20.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.