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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 $186,242, lower than the Kentucky average of $219,615.
The average cost of rent is $819/mo in Benton, primarily driven by the current value of real estate in the Benton area. In Benton, 16.55% of households rent, and 48.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Benton is $5,603 per month. Households that rent pay about 14.61% of their income on rent here. Benton’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dogtown, KY: less expensive homes
- Scale, KY: equally priced homes
- Harvey, KY: equally priced homes
- Sherwood Shores, KY: higher priced homes
- Fairdealing, KY: equally priced homes
- Gilbertsville, KY: higher priced homes
- Oak Level, KY: equally priced homes
- Hardin, KY: less expensive homes
- Brewers, KY: less expensive homes
- Sharpe, KY: equally priced homes
Cities with Similar Populations
- Leitchfield, KY: equally priced homes
- Adjuntas, PR: less expensive homes
- Snoqualmie, WA: higher priced homes
- Snyder, TX: less expensive homes
- Los Osos, CA: higher priced homes
- South Charleston, WV: less expensive homes
- South Daytona, FL: equally priced homes
- Speedway, IN: higher priced homes
- Lexington, TN: equally priced homes
- Spring Grove, PA: higher priced homes
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