Much like the surrounding areas, it's substantially less expensive compared to the rest of the country. Compared to the city of Knoxville however, it is somewhat less expensive.
Home prices
The median home value in Benton is $115,300. This is approximately $5,640 (4%) lower in comparison to its surrounding areas.In comparison to the rest of the country it is roughly $102,200 (46%) lower, and it is about $21,000 (15%) lower compared to the city of Knoxville.
Rents
The median rent in Benton is $589 a month. In comparison to the surrounding areas this is approximately $156 (20%) lower.It is about $473 (44%) lower compared to the nation as a whole, and is about $256 (30%) lower in comparison to the city of Knoxville.
Nearby places
Charleston
Charleston is approximately 9 miles northwest of Benton. Housing prices there are somewhat more expensive. The median home in Charleston is valued at $122,400, which works out to $7,100 (5%) higher than Benton. The rent there is somewhat more expensive. Charleston's median monthly rent is $688, which is $99 (14%) higher than Benton.
Calhoun
Calhoun is roughly 10 miles northwest of Benton. Housing prices there are a bit less expensive. The median home in Calhoun costs $95,000, which works out to $20,300 (21%) lower than Benton. Rents there are somewhat more expensive. The median monthly rent in Calhoun is $844, which is $255 (30%) higher than Benton.
East Cleveland
East Cleveland is approximately 10 miles west of Benton. Its housing prices are significantly less expensive. The median home in East Cleveland is valued at $69,500, which is $45,800 (65%) lower than Benton. Its rents are a little more expensive. In East Cleveland the median monthly rent is $715, which is $126 (17%) higher than Benton.
Cleveland
Cleveland is roughly 10 miles west from Benton. Housing prices there are a lot more expensive. Cleveland's median home value is $171,500, which works out to $56,200 (32%) higher than Benton. Rents there are a little more expensive. In Cleveland the median monthly rent is $768, which comes out to $179 (23%) higher than Benton.
Wildwood Lake
Wildwood Lake is about 11 miles southwest of Benton. Its real estate prices are a bit more expensive. The cost of the median home in Wildwood Lake is $146,300, which is $31,000 (21%) higher than Benton. Rents there are somewhat more expensive. Wildwood Lake's median monthly rent is $709, which is $120 (16%) higher than Benton.
