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Affordable
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These days, finding an affordable place to live in the Benton area can be challenging. Home prices in Benton are now at a median cost of $234,152, higher than the Arkansas average of $207,061.
The average cost of rent is $1,161/mo in Benton, primarily driven by the current value of real estate in the Benton area. In Benton, 27.97% of households rent, and 37.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Benton is $7,027 per month. Households that rent pay about 16.52% of their income on rent here. Benton’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bryant, AR: less expensive homes
- Detonti, AR: less expensive homes
- Haskell, AR: less expensive homes
- Alexander, AR: higher priced homes
- Bauxite, AR: less expensive homes
- Avilla, AR: higher priced homes
- Shannon Hills, AR: less expensive homes
- Tull, AR: less expensive homes
- Vimy Ridge, AR: less expensive homes
- Sardis, AR: equally priced homes
Cities with Similar Populations
- Jeffersonville, IN: equally priced homes
- Milton, FL: higher priced homes
- Rio Grande, PR: less expensive homes
- Los Banos, CA: higher priced homes
- Frankfort, KY: less expensive homes
- Cuyahoga Falls, OH: less expensive homes
- Morganton, NC: less expensive homes
- Mount Vernon, WA: higher priced homes
- Lagrange, GA: less expensive homes
- Lake Stevens, WA: higher priced homes
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