Rent vs. Buy in Benton County, AR

Should you rent or buy in Benton County? Here are the numbers.

Median Home Price

$254,000

Median Rent

$1,113/mo

Price-to-Rent Ratio

19x

Homeownership Rate

67.8%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,284
Property Tax$133
Insurance$85

Total Monthly$1,502

Renting

Monthly Rent$1,113
Renter's Insurance$25

Total Monthly$1,138

In Benton County, buying costs approximately $389/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Benton County, Arkansas

Benton County in Arkansas has a median household income of $85,269 and an effective property tax rate of 0.6%. With a price-to-rent ratio of 19x, the rent-vs-buy decision is nuanced and depends on your timeline.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

Run Your Personalized Analysis for Benton County

Enter your specific numbers — home price, rent, income, down payment — and get a Monte Carlo simulation with 10,000 scenarios, NPV breakeven analysis, and tax-adjusted comparison.

Start Free Analysis →

Other Counties in Arkansas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.