Benton County Multifamily Buyer
Sell Your Commercial Property In Benton County, AR
Benton County in the northwest corner of Arkansas includes Bentonville, Rogers, Bella Vista, and Siloam Springs and is home to the Walmart Home Office and its supplier network. Its apartment market is dominated by newer suburban communities built for a fast-expanding professional workforce.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Cities We Cover: Northwest Arkansas · Springdale · Rogers · Bentonville · Bella Vista · Centerton — County seat: Bentonville
Benton County
Where We Buy In Benton County
We evaluate apartment buildings of 5+ units across Benton County — in each city below, plus smaller towns and unincorporated areas countywide.
Local Market Data
Benton County Apartment Market
Figures gathered October 2026 from public market data.
If you plan to sell commercial property in Benton County, AR, start with the renter base behind it. Benton County holds 36,919 renter households, a 33.0% share of its 111,919 occupied homes, per the Census Bureau's 2020-2024 American Community Survey. Median gross rent reached $1,277, up 41.4% from $903 in the 2015-2019 survey, and population grew 14.3% to 303,632 residents over the same comparison.
Apartment buildings are a small but fast-growing slice of that stock. Benton County counts 14,528 units in buildings of five or more units, 11.8% of all housing, up 33.7% from 10,865 units five years earlier. Rental vacancy sits at 4.7%, tight by national standards, while HUD's FY2027 two-bedroom Fair Market Rent for the Fayetteville-Springdale-Rogers area is $1,256. Rents and renter concentration both vary sharply among Benton County's cities, from Bella Vista to Bentonville.
A 303,632-person county
Benton County grew 14.3% between the 2015-2019 and 2020-2024 Census surveys, adding 37,873 residents.4,412 more renter households
Renter households rose 13.6%, from 32,507 to 36,919, as Benton County's population and job base expanded.A fast-growing apartment stock
Units in 5+ unit buildings in Benton County grew 33.7%, adding 3,663 units for a 14,528-unit total.Who rents in Benton County
Renter households make up 33.0% of Benton County's 111,919 occupied homes, or 36,919 households, in the 2020-2024 ACS. Owners outnumber them, holding 75,000 households, or 67.0% of the total. Statewide, Arkansas renters hold a close 33.6% share, so Benton County tracks the state closely on tenure.
Three cities carry most of that renter demand. Springdale counts 13,803 renter households, Rogers 11,231 and Bentonville 11,193, together 98.1% of the county total. Smaller Bella Vista and Centerton add 1,615 and 2,701 renter households. Bella Vista leans heavily owner-occupied, with renters at just 12.0% of its households.
Rents, growth and affordability
Benton County's median gross rent climbed 41.4%, from $903 to $1,277, between the 2015-2019 and 2020-2024 surveys. That outpaced the county's 14.3% population growth to 303,632 residents and its 13.6% renter-household growth, which added 4,412 households.
Supply grew faster still. Units in buildings of five or more units rose 33.7% in Benton County, adding 3,663 units for a total of 14,528. Employment rose 17.2% over the same span, to 152,090 workers, a sign of the demand pulling renters into Benton County.
Rent burden is moderate. In the 2020-2024 ACS, 32.7% of Benton County renters paid 30% or more of income on gross rent. HUD's FY2027 two-bedroom Fair Market Rent for the Fayetteville-Springdale-Rogers area is $1,256, $21 below the county's median gross rent of $1,277, a sign local rents are outrunning the federal benchmark.
Benton County also outprices the state. Its $1,277 median gross rent runs 34.9% above Arkansas's $947 median, while Benton County's 4.7% rental vacancy sits well under the 6.4% statewide rate.
City-by-city comparison
Bentonville leads Benton County on both price and renter share, at $1,344 median gross rent and a 49.6% renter share. The wider Northwest Arkansas metro area, which spans Benton and Washington counties, posts a lower $1,157 median rent across a larger renter pool.
| City | Median gross rent | Renter share | Share of units in 5+ buildings | Rental vacancy |
|---|---|---|---|---|
| Northwest Arkansas | $1,157 | 37.7% | 15.4% | 4.4% |
| Springdale | $1,071 | 46.6% | 15.7% | 5.0% |
| Rogers | $1,270 | 42.8% | 18.1% | 4.3% |
| Bentonville | $1,344 | 49.6% | 25.3% | 7.5% |
| Bella Vista | $1,395 | 12.0% | 1.2% | 1.5% |
| Centerton | $1,465 | 34.4% | 6.6% | 5.8% |
Bentonville also carries the deepest apartment stock, at 25.3% of units in 5+ buildings, well above Bella Vista's 1.2%. Vacancy swings widely too, from Bella Vista's 1.5% to Bentonville's 7.5%, a gap buyers should weigh against each city's renter share in Benton County.
Rent itself runs highest in Centerton at $1,465 despite a modest 34.4% renter share, while Springdale posts the lowest rent, $1,071, alongside the highest renter concentration on this Benton County table.
Property taxes and assessment in Benton County
Arkansas assesses real property, including multifamily buildings, at 20% of market value under Ark. Code 26-26-303(c), with the assessor valuing property as of January 1 each year. Benton County applies that same statewide formula to apartment buildings, using sales, cost or income data.
Amendment 79 caps yearly growth in taxable assessed value at 10% for non-homestead real property, including apartment buildings, until the parcel reaches full assessed value. A sale resets that cap, moving the property to 20% of full market value as of the following January 1, per Ark. Code 26-26-1122.
Millage varies by city in Benton County. The 2025 millage report shows Bentonville at 62.00 mills, Rogers at 54.6 and the Benton County side of Springdale at 52.41, against a county average of 55.04. Benton County taxes are due from the first business day in March and become delinquent, with a 10% penalty, after October 15.
What this means if you sell in Benton County
When you sell commercial property in Benton County, AR, you sell into a renter pool concentrated in Bentonville, Rogers and Springdale, where renter shares run from 42.8% to 49.6%. The county's 4.7% rental vacancy signals tight supply relative to the state's 6.4% rate, which can support stronger in-place rents.
Taxes reset at sale. Benton County's 20% assessment ratio and 10% annual cap on non-homestead growth mean a strong sale price can raise next January's bill, so buyers underwrite the post-sale number, not your current one. Rent control is not a factor, since Arkansas Code 14-54-1409 bars Benton County cities and the county itself from capping rent, application fees or deposits.
As a multifamily buyer active in Benton County, we review 5+ unit buildings from Bentonville to Springdale as they stand today. Send a current rent roll, a T-12 and the latest tax statement, and we will price the building on those numbers.
Local Knowledge
Selling Multifamily In Arkansas
What we factor into every Benton County offer:
More about Arkansas →- Benton County taxes apartments at 20% of market value, capped at 10% annual growth until a sale resets it.
- Arkansas Code 14-54-1409 bars Benton County cities and the county from enacting local rent control.
- Security deposits are capped at two months' rent and due back within 60 days of lease termination.
- Rental vacancy runs 4.7% in Benton County, tighter than the 6.4% statewide Arkansas rate.
Property Tax
Property Tax In Benton County For Apartment Owners
Homeowners in Benton County pay a median of $1,823 a year in property tax on a median home value of $323,500, an effective rate of about 0.56%, according to the Census Bureau’s 2020-2024 American Community Survey. That is about the same as the Arkansas statewide average of 0.56%.
How property tax works in Arkansas: classes, assessment and appeals →Estimate a building’s tax bill with the property tax calculator →
- Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
- A sale can reset the assessed value. Before you price a Benton County building, check how Arkansas reassesses property after a transfer and model the buyer’s new tax bill.
- Pull the actual tax bill from the Benton County assessor or tax collector. City, school and special-district levies stack on top of the county rate.
Seller Guides
Your Situation, Handled — Benton County
Learn More
Taxes & Rules For Benton County Property
The Arkansas rules that shape any deal in Benton County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Our Buy Box
What We Buy In Benton County
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
How Selling To Us Works
- 01
Submit The Deal
Send the address, unit count, asking price, and a rent roll or T-12 if you have them.
- 02
Initial Review
We review it against our buy box and give clear feedback — typically within 48 hours.
- 03
Underwriting & LOI
If it fits, we underwrite in detail and submit a written letter of intent.
- 04
Diligence & Close
Inspections and financing on the agreed timeline, then a professional, predictable closing.
Benton County Seller FAQ
What should I check on taxes before I sell commercial property in Benton County, AR?
Start with the assessment reset. Benton County assesses real property at 20% of market value under Ark. Code 26-26-303(c), and a sale removes any 10% annual growth cap, moving the parcel to full assessed value the following January 1. Pull the exact city millage, since Bentonville, Rogers and Springdale rates differ.
How high is rental vacancy in Benton County?
Rental vacancy in Benton County was 4.7% in the Census Bureau's 2020-2024 American Community Survey, below the 6.4% Arkansas rate. Within the county, Bentonville ran higher at 7.5% while Bella Vista sat near 1.5%. Buyers typically weigh a building's own occupancy against those local figures.
How much have rents risen in Benton County?
Median gross rent in Benton County rose from $903 in the 2015-2019 survey to $1,277 in 2020-2024, a 41.4% gain. Population grew 14.3% over the same period. HUD's FY2027 two-bedroom Fair Market Rent for the Fayetteville-Springdale-Rogers area is $1,256.
Does Benton County have rent control?
No. Arkansas Code 14-54-1409 bars any county, city or township, including Benton County, from enacting an ordinance controlling rent, application fees or deposits on residential or commercial property. Owners in Bentonville, Rogers and Springdale set rents by lease terms and local market conditions.
How do I sell commercial property in Benton County, AR?
Send the address, unit count, and any financials. We review Benton County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.
Do you buy apartment buildings throughout Benton County?
Yes. We evaluate multifamily properties across Benton County, including Northwest Arkansas, Springdale, Rogers, Bentonville, Bella Vista, and Centerton, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.
What size Benton County properties do you buy?
Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.
Will you buy a property that needs work or has high vacancy?
Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.
Can I sell rental property in Benton County with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Benton County?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
How do property taxes factor into a Benton County offer?
Property is assessed at the county level (the county seat is Bentonville), within Arkansas rules. Arkansas assesses real property at 20% of market value, with county reappraisals on a regular cycle. Effective tax rates are relatively low compared with national averages.
Submit A Deal
Have A Property In Benton County?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
