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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 $171,479, lower than the Mississippi average of $183,008.
The average cost of rent is $1,010/mo in Benton, primarily driven by the current value of real estate in the Benton area. In Benton, 19.15% of households rent, and 61.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Benton is $4,986 per month. Households that rent pay about 20.26% of their income on rent here. Benton’s most expensive areas are in the northwestern 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
- Nod, MS: higher priced homes
- Tinsley, MS: higher priced homes
- Eden, MS: higher priced homes
- Yazoo City, MS: less expensive homes
- Berryville, MS: higher priced homes
- Coxburg, MS: equally priced homes
- Vaughan, MS: equally priced homes
- Valley, MS: less expensive homes
- Carter, MS: equally priced homes
- Lake City, MS: equally priced homes
Cities with Similar Populations
- Albany, TX: higher priced homes
- Wade, NC: higher priced homes
- Coffeeville, MS: less expensive homes
- Alum Creek, WV: equally priced homes
- Loyal, WI: equally priced homes
- Meadowlakes, TX: higher priced homes
- Glenville, WV: less expensive homes
- Fort Yates, ND: less expensive homes
- Florien, LA: less expensive homes
- Cowan, TN: higher priced homes
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