The Most Affordable Neighborhoods in Benton City, MO by Home Value

 

Benton City, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Benton City area can be challenging. Home prices in Benton City are now at a median cost of $163,219, lower than the Missouri average of $246,641.

The average cost of rent is $706/mo in Benton City, primarily driven by the current value of real estate in the Benton City area. In Benton City, 10.41% of households rent, and 61.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Benton City is $6,762 per month. Households that rent pay about 10.44% of their income on rent here. Benton City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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