Benton, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Benton short-term rental market based on reliable data.
Listings
40 / 93
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$18,478
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$107,108
Median Home Sale Price
Top Earners
$27,452
Top-Earners Revenue
Benton
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Benton.
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Challenging to Investors
Benton Regulations
Short‑term rentals are not explicitly permitted by Benton’s zoning code, placing STRs in a gray area that typically requires a zoning determination and often a special use permit; the absence of a dedicated STR ordinance, licensing, or clear path in most residential zones, combined with the need to navigate uncertain approvals, creates material compliance risk and operational barriers.
Local STR Agent
STR specialist · Benton, IL
About Benton
Benton is a city in and the county seat of Franklin County, Illinois. The population was 6,709 at the 2020 census. In 1839, Franklin County was split roughly in half and the county seat was permanently fixed "at a hill at the south end of Rowling's Prairie", the site of the future city of Benton. Benton's namesake is Missouri senator Thomas Hart Benton. The village of Benton was organized in 1841 on 20 acres (8.1 ha) of property donated by John Ewing and Walter S. Akin. In 1902, the village became a city, and incorporated under the mayor/commissioner form of government.The Franklin County Courthouse sat in the center of the Public Square. It was the fourth courthouse that served the people of Franklin County. The Italianate building was constructed in 1874–75 for $27,500. Much of Benton's growth in the past was due to an abundance of high sulfur coal, multiple railroads that pass through the town, fertile soil, and its industry.