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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 $156,300, lower than the Iowa average of $226,062.
The average cost of rent is $763/mo in Benton, primarily driven by the current value of real estate in the Benton area. In Benton, 17.75% of households rent, and 53.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Benton is $6,099 per month. Households that rent pay about 12.51% of their income on rent here. Benton’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maloy, IA: equally priced homes
- Delphos, IA: less expensive homes
- Mount Ayr, IA: equally priced homes
- Diagonal, IA: equally priced homes
- Redding, IA: less expensive homes
- Clearfield, IA: less expensive homes
- Platteville, IA: less expensive homes
- Blockton, IA: less expensive homes
- Irena, MO: less expensive homes
- Tingley, IA: higher priced homes
Cities with Similar Populations
- Twentynine Palms Marine Corps Base, CA: higher priced homes
- Rocky Branch, TX: higher priced homes
- Long Branch, IL: less expensive homes
- Waldron, WA: higher priced homes
- Locum, MS: equally priced homes
- Denhoff, ND: less expensive homes
- Rye Patch, NV: higher priced homes
- Waldenburg, AR: less expensive homes
- Lobelia, WV: higher priced homes
- Sagerton, TX: less expensive homes
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