Cost of Living in Benton County, Iowa

$815/mo
Median Monthly Rent
$198,400
Median Home Value
0% above state averageUnaffordable

At a Glance

Median Monthly Rent
$815/mo
0% above state average
Median Home Value
$198,400
30% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Benton County Compares

Median monthly rent comparison

Benton County$815/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$815/mo
Median Gross Rent
$198,400
Median Home Value
$1,131/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Benton County, Iowa

Benton's prosperity outpaces housing costs

Benton County renters spend just 11.5% of income on housing—the lowest ratio in this group and well below both the national and state averages. With a median income of $84,742, Benton significantly outearns the national average of $74,755, creating genuine affordability.

Iowa's most affordable wealthy county

Benton County's 11.5% rent-to-income ratio ranks at the very top of Iowa's affordability ladder. The combination of strong median income and reasonable $815 rent creates exceptional housing security for renters.

Benton dominates by income and value

Benton County's $84,742 median income leads this entire cluster—$16K+ above Adair and $30K+ above Appanoose. Despite housing costs that reflect quality (median home value $198,400), Benton's wage advantage makes housing feel genuinely achievable.

Benton's high earners, smart housing

Renters earning $84,742 spend $815 monthly on housing (11.5% of income) while homeowners commit $1,131—the highest ownership cost in this cluster. Both figures remain sustainable against Benton's strong income, reflecting a prosperous, well-employed community.

Professionals seeking Iowa stability

If you earn above-average income and value stability, Benton County delivers both affordable rents and genuine home values. Your housing dollars stretch further here than in most of Iowa, while strong median income signals job opportunity and economic resilience.

Affordability Calculator

See how your income compares to housing costs in Benton County

$

Rent Burden

11.5%

of gross income

Max Housing (28% Rule)

$1,977

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Benton County

Median home value is $198,400. Estimated monthly cost: $1,584 vs. your max of $1,977.

Rent Affordability Guide

Your rent-to-income ratio11.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Benton County, Iowa?
Benton County, Iowa has a median monthly rent of $815/mo and a median home value of $198,400. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Benton County?
The median gross rent in Benton County is $815/mo. This is 0% above state average for Iowa.
Is Benton County affordable?
Benton County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Benton County's rent compare to the state average?
Benton County's median rent of $815/mo is 0% above state average of $812/mo for Iowa.
What is the median home value in Benton County?
The median home value in Benton County, Iowa is $198,400. This is 30% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.