CostBy County

Cost of Living in Benton County, Mississippi

$731/mo
Median Monthly Rent
$105,100
Median Home Value

At a Glance

Median Monthly Rent
$731/mo
9% below state average
Median Home Value
$105,100
68% below national
Census GRAPI
24.9%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Benton County Compares

Median monthly rent comparison

Benton County$731/mo
Mississippi Average$805/mo
National Median$1,413/mo

Detailed Housing Stats

$731/mo
Median Gross Rent
$105,100
Median Home Value
$671/mo
Monthly Owner Cost
24.9%
Census GRAPI

National Ranking

Affordability Rank

Benton County ranks #545 of 3,142 counties for affordability (top 17%)

Most AffordableLeast Affordable

Sourced county brief

Benton County reports official rent burden of 24.9 percent

Official data for Benton County shows a median gross rent as a percentage of household income (GRAPI) of 24.9%. This is 4.6 percentage points below the Mississippi unweighted county mean of 29.5%. The median gross rent was $731 per month, which is lower than the state unweighted county mean of $805. For homeowners, the median home value was $105,100, while the state unweighted county mean for home values was $135,817. Median selected monthly owner costs were $671, which differs slightly from the state unweighted county mean of $676. Renter-households in the county reported a median income of $34,856. All figures are based on the U.S. Census Bureau ACS 5-Year Estimates for 2020-2024. The rent-to-income percentage is the official B25071 GRAPI measurement. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Benton County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.9% of renter household income in Benton County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $731 per month; median selected monthly owner costs are $671. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $29,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Mississippi unweighted mean of county median rents is $805 per month. Benton County's $731 median is 9.2% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Benton County

$

Rent Burden

19.1%

of gross income

Max Housing (28% Rule)

$1,074

per month

Owner Cost Burden

17.5%

of gross income

You can likely afford the median home in Benton County

Median home value is $105,100. Estimated monthly cost: $839 vs. your max of $1,074.

Rent Affordability Guide

Your entered rent as a share of entered income19.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,016Needed: $29,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,016Needed: $28,757
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,016Needed: $24,460

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Benton County, Mississippi?
Benton County, Mississippi has a median monthly rent of $731/mo and a median home value of $105,100. The affordability rating is Affordable, with median gross rent equal to approximately 24.9% of renter household income.
What is the median rent in Benton County?
The median gross rent in Benton County is $731/mo. This is 9% below state average for Mississippi.
Is Benton County affordable?
Benton County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.9%. Median gross rent is under 30% of renter household income.
How does Benton County's rent compare to the state average?
Benton County's median rent of $731/mo is 9% below state average of $805/mo for Mississippi.
What is the median home value in Benton County?
The median home value in Benton County, Mississippi is $105,100. This is 68% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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