How many renters live in Benton City, Washington?
The City of Benton City has 3,498 people living in 1,310 households.
There are 580 renters living in 278 renter households in this City. Renters make up 16.58 percent of the population living in Benton City.
What is the rental market like in Benton City, Washington?
There are an estimated 1,353 housing units in the Benton City area. Of these, 284 units are rental homes, making up 21 percent of the housing market. For every renter household in Benton City, Washington, there are 1 rental units.
What is the vacancy rate for rentals in Benton City?
The rental vacancy rate in Benton City is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Benton City for each bedroom size?
Occupied Rental Units by Size in Benton City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 20 | 46 | 196 | 16 | 0 |
Occupied Rental Units by Size in Benton City
A large number of apartments in Benton City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Benton City are overburdened by housing costs?
Among renter households in this market, 28 percent have housing cost burden. Further, 10 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Benton City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,052 to $2,361. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,052 |
| One BR | $1,206 |
| Two BR | $1,485 |
| Three BR | $1,960 |
| Four BR | $2,361 |
2024 Fair Market Rents in Benton City, Washington
How many units are rented at Fair Market Rent (FMR) in Benton City?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 0 | 100 percent |
| One BR | 46 | 100 percent |
| Two BR | 106 | 54 percent |
Rental Units Below FMR in Benton City, Washington
How many affordable rental units are in Benton City?
There are a variety of federal affordable housing programs serving households in Benton City, Washington including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 25 |
| USDA Section 515 Rural Rental Housing | 10 |
Tracked Units by Federal Program in Benton City, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Benton City, Washington
Benton City features 38 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Benton City, Washington
There are 26 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Benton City.
Housing Choice Vouchers in Benton City, Washington
On average, Section 8 Housing Choice vouchers pay Benton City landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Benton City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Benton City, Washington for a two-bedroom apartment is between $1,337 and $1,634.
Sourced from federal housing data and AffordableHousingOnline.com research.
