Housing in Benton
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Benton, Arkansas
The housing market in Benton offers notable affordability compared to national averages. In 2024, the median property value was $212,700, reflecting a 6.67% increase from the previous year. More recently, the median home price was reported at $162,000 in April 2026. The homeownership rate in Benton is 68.2%, which is higher than the national average, indicating a strong preference for homeownership. For renters, as of August 2026, the average apartment rent is $858 for a one-bedroom and $976 for a two-bedroom unit, with overall apartment rent increasing by 0.2% in the past year. However, potential residents should be aware of a high flood risk in certain areas, which may necessitate mandatory flood insurance and higher utility costs.
Housing
About Benton, Arkansas
Benton, Arkansas, the county seat of Saline County, is a growing city known for its blend of small-town charm and access to larger metropolitan amenities. First settled in 1833 and officially chartered in 1836, the city is named after Missouri Senator Thomas Hart Benton. It has experienced significant population growth, increasing by an estimated 8% between 2019 and 2024, making it one of Arkansas's fastest-growing communities. People are drawn to Benton for its family-friendly atmosphere, highly-rated school district, and a cost of living that is notably lower than the national average. The city offers a welcoming community environment and a growing economy, making it an attractive place for both families and individuals seeking a balanced lifestyle.
About Arkansas
Arkansas, known as "The Natural State," offers diverse geography from the Ozark and Ouachita Mountains to the Mississippi River Delta, fostering a relaxed, nature-oriented lifestyle. The economy, historically rooted in agriculture with rice and poultry as leading products, has diversified to include significant contributions from manufacturing (food products, chemicals, wood and paper products, aerospace parts) and a growing service sector, largely influenced by Walmart's presence. Living in Arkansas is generally affordable, with a cost of living consistently below the national average, particularly for housing. The state experiences a humid subtropical climate with mild winters and hot, humid summers, and while property taxes are low, sales taxes can be high.