Benton County, Iowa home prices
Typical home $282,938 · +9.5% in a year · property tax 1.31%
The typical home in Benton County is worth $282,938, 20% more than the Iowa typical home ($236,623). Values changed +9.5% in the past year and +38.0% over five years. Homeowners here pay a median 1.31% of their home's value in property tax each year ($3,706 on the typical home), versus 1.27% statewide.
Mortgage on the typical Benton County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $56,588 | $226,350 | $1,523 | $0 | $450 | $1,973 | $84,600 |
| 10% down | $28,294 | $254,644 | $1,713 | $106 | $450 | $2,269 | $97,300 |
| 5% down | $14,147 | $268,791 | $1,808 | $112 | $450 | $2,370 | $101,600 |
| 3.5% down (FHA) | $9,903 | $277,813 | $1,869 | $125 | $450 | $2,444 | $104,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.31% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Iowa · part of the Cedar Rapids metro area.
Iowa counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mills County | $280,495 | +3.2% | 1.47% |
| Polk County | $279,097 | +0.2% | 1.68% |
| Clayton County | $287,556 | +13.2% | 1.29% |
| Dubuque County | $277,182 | +4.3% | 1.23% |
| Story County | $292,064 | +2.7% | 1.4% |
| Plymouth County | $292,290 | +5.5% | 1.07% |
| Guthrie County | $273,068 | +5.7% | 1.22% |
| Marion County | $271,088 | +2.9% | 1.22% |
| Lyon County | $266,451 | +12.2% | 0.87% |
| Allamakee County | $262,926 | +7.6% | 1.27% |
Frequently asked questions
What is the average home price in Benton County, IA?
The typical home value in Benton County is $282,938 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Benton County?
About $84,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Benton County?
The median effective rate is 1.31% of home value a year (Census ACS 2024 5-year estimates).