RentData

Average Rent in Benton County, MO Rents rising 7.3% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 19,887

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Benton County, MO has rental prices ranging from $654/month to $1,230/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $668/month — 52% below the national average of $1,400/month. With a median household income of $52,200/year, spending $668/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Benton County Compares

With an average 2-bedroom rent of $877/month, Benton County ranks #19 most expensive of the 94 cities tracked in Missouri — more affordable than 82% of all US cities in our data.

The Benton County Rental Market

The Benton County, MO area has a population of about 19,887 and 16% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Benton County, MO have risen by $60/month (7.3%) over the past year, from $817 to $877. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Benton County, MO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $26,720. The local median household income of $52,200 exceeds that threshold by $25,480, making Benton County relatively accessible compared to local wages.

Economy & Jobs

Benton County, MO has an unemployment rate of 4.7%, 0.8 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2025
Studio
$654
Affordable
1 Bedroom
$668
Affordable
2 Bedrooms
$877
7.3% YoY
Affordable
3 Bedrooms
$1,086
Affordable
4 Bedrooms
$1,230
Affordable
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Is Benton County, MO Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$35,080/year
Local median income: $52,200
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $877/month and 20% down on a home at 7% rate.

Nearby Cities in MOlargest metros in the state

CityStudio1BR2BR3BRHome Value
Springfield$790$795$998$1,372
Cooper County$565$628$824$1,027
Howard County$625$695$912$1,099
Columbia$691$862$1,007$1,360
Joplin$830$835$1,036$1,327
Jefferson City$677$681$891$1,249

Rent or Buy in Benton County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Benton County data

$
Home Value
$350,000
2BR Rent
$877/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $877/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Benton County

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Frequently Asked Questions

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🏘️Neighborhoods in Benton County

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💵Rent Affordability in Benton County

Salary needed to afford rent here

🗺️All Cities in MO

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📋MO Tenant Rights

Deposit limits, eviction laws & renters protections