Benton County, Iowa Housing Market

In Benton County, Iowa, the median home value is $208,200, with a median monthly rent of $826. This places Benton County at #1321 nationally out of 3134 counties by median home value, and #21 within Iowa.

Median Home Value $208,200
Median Rent $826/mo
Owner Occupancy 85.0%
Price/Rent Ratio 21.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Benton County rose +4.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,498
jobs (private sector)
  • Avg weekly wage: $1,003
  • Establishments: 648
  • BLS QCEW, 2025
🏗️

Housing Supply

28
new units authorized (2025)
  • Single-family: 28
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+378
net migration (filers, 2021-2022)
  • Inflow: 10,482 (avg $80,594)
  • Outflow: 10,104 (avg $81,255)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Benton County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 52301 237.5 +2.32% 2025
2 52345 189.6 -5.32% 2025
3 52352 190.5 — 2024
4 52349 230.3 +14.70% 2025
5 52208 191.4 -6.17% 2025
6 52351 180.7 +1.23% 2025
7 52315 205.9 — 2025
8 52224 255.0 — 2024
9 52206 206.8 +3.44% 2025
10 50651 205.5 +0.65% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

📝 Editor's Insight

None

Analyzed on 2026-10-14 using U.S. Census ACS 2024 data and AI reasoning.

How Benton County Compares

MetricBenton CountyIowa AverageU.S. Average
Median Home Value $208,200 $171,037 $227,706
Median Gross Rent $826 $832 $968
Owner Occupancy Rate 85.0% 75.8% 73.3%
Price/Rent Ratio 21.0 17.0 18.7

Market Analysis

The median home value in Benton County is 21.7% above the Iowa state average and 8.6% below the U.S. national average. The median rent of $826/month is 0.7% below the state average.

With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Benton County has an owner-occupancy rate of 85.0%, compared to 75.8% in Iowa and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Shelby County Ohio $208,100 $922
McLean County Illinois $208,400 $1,009
Stutsman County North Dakota $208,400 $774
Meade County Kentucky $207,900 $1,026
Madison County Nebraska $208,500 $881

Other Counties in Iowa

CountyMedian Home ValueMedian RentOwner Occ.
Poweshiek County $209,300 $883 71.2%
Cedar County $211,300 $879 81.5%
Boone County $212,400 $845 80.0%
Washington County $203,900 $879 74.0%
Linn County $214,300 $945 73.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).