Benton County, Arkansas Housing Market Prices
Benton County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 120% above the Arkansas median More expensive than 89% of counties in Arkansas$246,475
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Median rent 35% above the Arkansas median Most expensive county in Arkansas$1,277
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Benton County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $246,475 | $111,957 | $248,835 |
| Price Trend (Annual %) | 7.4% | 3.4% | 7.5% |
| Median Gross Rent | $1,277 | $947 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Benton County is about 120% higher than in Arkansas. Rent is about 35% higher than the Arkansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Benton County, up about 7.4% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Benton County rose about 60.5% between 2015 and 2024, from $795 to $1,277. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Benton County.
Buying the median-priced home in Benton County costs roughly 16.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Benton County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Benton County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $246,475 | $111,957 | $248,835 |
| Median Household Income | $93,533 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Benton County rose about 63.6%, while median household income rose about 74.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Benton County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.1% | 57.4% | 58.5% |
| Rental Rate | 30.1% | 29.0% | 31.2% |
| Vacancy Rate | 8.8% | 13.5% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Benton County has a homeownership rate of 61.1%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 8.8%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Benton County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1998 | 1987 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Benton County was built around 1998. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 12.0 years on average.
Benton County, AR Housing Compared With Nearby Counties
Benton County, AR is the largest of the 5 counties compared here, 303,622 residents against a local median of 50,699. Benton County, AR's median home price, at $246,475, runs 81% above the $135,939 typical of the counties around it.
Median rent tells the same story from another angle: $1,277 against a local median of $865, 48% above it. The counties themselves spread $99,501 on median home price, so Benton County, AR sits at one end of an already wide local range rather than apart from it. Benton County, AR has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Benton County, AR | 303,622 | $246,475 #1/5 | $1,277 #1/5 | 67.0% #4/5 |
| Washington County, AR | 256,746 | $170,355 | $1,070 | 55.6% |
| Delaware County, OK | 41,279 | $159,375 | $913 | 77.1% |
| Barry County, MO | 35,028 | $112,503 | $766 | 77.3% |
| Newton County, MO | 60,118 | $70,854 | $817 | 76.6% |
Frequently Asked Questions
Common questions about the housing market in Benton County, Arkansas.
What is the median home price in Benton County, Arkansas?
The median home price in Benton County, Arkansas is $246,475, higher than the Arkansas average of $111,957.
What is the average home price in Benton County, Arkansas?
The typical home price in Benton County, Arkansas, reported as the median sale price, is $246,475. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Benton County, Arkansas?
The median gross rent in Benton County, Arkansas is $1,277 per month, higher than the Arkansas average of $947.
What was the median gross rent in Benton County in 2020?
In 2020, the median gross rent in Benton County, Arkansas was $945 per month.
What is the price-to-rent ratio in Benton County, Arkansas?
The price-to-rent ratio in Benton County, Arkansas is about 16.1, meaning it would take roughly 16.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Benton County.
Are home prices or rent rising faster in Benton County, Arkansas?
Both home prices and rent are rising in Benton County, up about 7.4% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Benton County, Arkansas?
61.1% of households in Benton County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Benton County, Arkansas?
The housing vacancy rate in Benton County, Arkansas is 8.8%, lower than the Arkansas average of 13.5%.
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