Benton, Polk County, TN

Median Home Price Price

$246,419 $246.4K

Median Monthly Rent Rent

$749 $749

27.0x

Market Snapshot

Benton, Polk County, TN is a city market with a median home price of $246,419, a median monthly rent of $749, a GRM of 27.0x, and a price-to-rent ratio of 27.4.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $197.3K
Rent $829
GRM 20.0x
Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $240.7K
Rent $1K
GRM 20.0x
Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $242.1K
Rent $993
GRM 20.0x
Explore the data
Region Show
Oldfort
$241K $1.0K 20.0x
$285K $964 25.0x
Copperhill
$197K $829 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Benton

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Benchmark comparison

Rent in Benton, TN is 25.8% lower than Oldfort, TN.

Benton, TN
Oldfort, TN
Delta
Median rent
$749
$1,010
+$261
Median price
$246,419
$240,653
-$5,766
YoY change
+$55
+$91
+$36
Price-to-rent
27.4x
19.9x
-7.5x

Key takeaways

  • Benton, Polk County, TN has a higher-grm screening profile: At 27.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $55 year over year.
  • Rent in Benton, TN is 25.8% lower than Oldfort, TN.