diff --git a/dev/release/00-prepare-test.rb b/dev/release/00-prepare-test.rb
index df27a1aa75a..96b36153686 100644
--- a/dev/release/00-prepare-test.rb
+++ b/dev/release/00-prepare-test.rb
@@ -262,6 +262,13 @@ def test_version_pre_tag
                         "+  VERSION = \"#{@release_version}\""],
                      ],
                    },
+                   {
+                     path: "rust/arrow-benches/Cargo.toml",
+                     hunks: [
+                       ["-version = \"#{@snapshot_version}\"",
+                        "+version = \"#{@release_version}\""],
+                     ],
+                   },
                    {
                      path: "rust/arrow-flight/Cargo.toml",
                      hunks: [
@@ -509,6 +516,13 @@ def test_version_post_tag
                         "+  VERSION = \"#{@next_snapshot_version}\""],
                      ],
                    },
+                   {
+                     path: "rust/arrow-benches/Cargo.toml",
+                     hunks: [
+                      ["-version = \"#{@release_version}\"",
+                      "+version = \"#{@next_snapshot_version}\""],
+                   ],
+                   },
                    {
                      path: "rust/arrow-flight/Cargo.toml",
                      hunks: [
diff --git a/rust/Cargo.toml b/rust/Cargo.toml
index 16e34de7f14..663afbabd87 100644
--- a/rust/Cargo.toml
+++ b/rust/Cargo.toml
@@ -18,6 +18,7 @@
 [workspace]
 members = [
         "arrow",
+        "arrow-benches",
         "parquet",
         "parquet_derive",
         "parquet_derive_test",
diff --git a/rust/arrow-benches/Cargo.toml b/rust/arrow-benches/Cargo.toml
new file mode 100644
index 00000000000..6130e0450bd
--- /dev/null
+++ b/rust/arrow-benches/Cargo.toml
@@ -0,0 +1,110 @@
+# Licensed to the Apache Software Foundation (ASF) under one
+# or more contributor license agreements.  See the NOTICE file
+# distributed with this work for additional information
+# regarding copyright ownership.  The ASF licenses this file
+# to you under the Apache License, Version 2.0 (the
+# "License"); you may not use this file except in compliance
+# with the License.  You may obtain a copy of the License at
+#
+#   http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing,
+# software distributed under the License is distributed on an
+# "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+# KIND, either express or implied.  See the License for the
+# specific language governing permissions and limitations
+# under the License.
+
+[package]
+name = "arrow-benches"
+description = "Apache Arrow micro benchmarks"
+version = "4.0.0-SNAPSHOT"
+edition = "2018"
+authors = ["Apache Arrow <dev@arrow.apache.org>"]
+homepage = "https://github.com/apache/arrow"
+repository = "https://github.com/apache/arrow"
+license = "Apache-2.0"
+
+[dependencies]
+arrow = { path = "../arrow", version = "4.0.0-SNAPSHOT"}
+
+[dev-dependencies]
+criterion = "0.3"
+rand = "0.7"
+chrono = "0.4"
+
+[[bench]]
+name = "aggregate_kernels"
+harness = false
+
+[[bench]]
+name = "array_from_vec"
+harness = false
+
+[[bench]]
+name = "builder"
+harness = false
+
+[[bench]]
+name = "buffer_bit_ops"
+harness = false
+
+[[bench]]
+name = "boolean_kernels"
+harness = false
+
+[[bench]]
+name = "arithmetic_kernels"
+harness = false
+
+[[bench]]
+name = "cast_kernels"
+harness = false
+
+[[bench]]
+name = "comparison_kernels"
+harness = false
+
+[[bench]]
+name = "filter_kernels"
+harness = false
+
+[[bench]]
+name = "take_kernels"
+harness = false
+
+[[bench]]
+name = "length_kernel"
+harness = false
+
+[[bench]]
+name = "sort_kernel"
+harness = false
+
+[[bench]]
+name = "csv_writer"
+harness = false
+
+[[bench]]
+name = "json_reader"
+harness = false
+
+[[bench]]
+name = "equal"
+harness = false
+
+[[bench]]
+name = "array_slice"
+harness = false
+
+[[bench]]
+name = "concatenate_kernel"
+harness = false
+
+[[bench]]
+name = "mutable_array"
+harness = false
+
+[[bench]]
+name = "buffer_create"
+harness = false
\ No newline at end of file
diff --git a/rust/arrow/benches/aggregate_kernels.rs b/rust/arrow-benches/benches/aggregate_kernels.rs
similarity index 100%
rename from rust/arrow/benches/aggregate_kernels.rs
rename to rust/arrow-benches/benches/aggregate_kernels.rs
diff --git a/rust/arrow/benches/arithmetic_kernels.rs b/rust/arrow-benches/benches/arithmetic_kernels.rs
similarity index 100%
rename from rust/arrow/benches/arithmetic_kernels.rs
rename to rust/arrow-benches/benches/arithmetic_kernels.rs
diff --git a/rust/arrow/benches/array_from_vec.rs b/rust/arrow-benches/benches/array_from_vec.rs
similarity index 100%
rename from rust/arrow/benches/array_from_vec.rs
rename to rust/arrow-benches/benches/array_from_vec.rs
diff --git a/rust/arrow/benches/array_slice.rs b/rust/arrow-benches/benches/array_slice.rs
similarity index 100%
rename from rust/arrow/benches/array_slice.rs
rename to rust/arrow-benches/benches/array_slice.rs
diff --git a/rust/arrow/benches/boolean_kernels.rs b/rust/arrow-benches/benches/boolean_kernels.rs
similarity index 100%
rename from rust/arrow/benches/boolean_kernels.rs
rename to rust/arrow-benches/benches/boolean_kernels.rs
diff --git a/rust/arrow/benches/buffer_bit_ops.rs b/rust/arrow-benches/benches/buffer_bit_ops.rs
similarity index 100%
rename from rust/arrow/benches/buffer_bit_ops.rs
rename to rust/arrow-benches/benches/buffer_bit_ops.rs
diff --git a/rust/arrow/benches/buffer_create.rs b/rust/arrow-benches/benches/buffer_create.rs
similarity index 100%
rename from rust/arrow/benches/buffer_create.rs
rename to rust/arrow-benches/benches/buffer_create.rs
diff --git a/rust/arrow/benches/builder.rs b/rust/arrow-benches/benches/builder.rs
similarity index 100%
rename from rust/arrow/benches/builder.rs
rename to rust/arrow-benches/benches/builder.rs
diff --git a/rust/arrow/benches/cast_kernels.rs b/rust/arrow-benches/benches/cast_kernels.rs
similarity index 100%
rename from rust/arrow/benches/cast_kernels.rs
rename to rust/arrow-benches/benches/cast_kernels.rs
diff --git a/rust/arrow/benches/comparison_kernels.rs b/rust/arrow-benches/benches/comparison_kernels.rs
similarity index 100%
rename from rust/arrow/benches/comparison_kernels.rs
rename to rust/arrow-benches/benches/comparison_kernels.rs
diff --git a/rust/arrow/benches/concatenate_kernel.rs b/rust/arrow-benches/benches/concatenate_kernel.rs
similarity index 100%
rename from rust/arrow/benches/concatenate_kernel.rs
rename to rust/arrow-benches/benches/concatenate_kernel.rs
diff --git a/rust/arrow/benches/csv_writer.rs b/rust/arrow-benches/benches/csv_writer.rs
similarity index 100%
rename from rust/arrow/benches/csv_writer.rs
rename to rust/arrow-benches/benches/csv_writer.rs
diff --git a/rust/arrow/benches/equal.rs b/rust/arrow-benches/benches/equal.rs
similarity index 100%
rename from rust/arrow/benches/equal.rs
rename to rust/arrow-benches/benches/equal.rs
diff --git a/rust/arrow/benches/filter_kernels.rs b/rust/arrow-benches/benches/filter_kernels.rs
similarity index 100%
rename from rust/arrow/benches/filter_kernels.rs
rename to rust/arrow-benches/benches/filter_kernels.rs
diff --git a/rust/arrow/benches/json_reader.rs b/rust/arrow-benches/benches/json_reader.rs
similarity index 100%
rename from rust/arrow/benches/json_reader.rs
rename to rust/arrow-benches/benches/json_reader.rs
diff --git a/rust/arrow/benches/length_kernel.rs b/rust/arrow-benches/benches/length_kernel.rs
similarity index 100%
rename from rust/arrow/benches/length_kernel.rs
rename to rust/arrow-benches/benches/length_kernel.rs
diff --git a/rust/arrow/benches/mutable_array.rs b/rust/arrow-benches/benches/mutable_array.rs
similarity index 100%
rename from rust/arrow/benches/mutable_array.rs
rename to rust/arrow-benches/benches/mutable_array.rs
diff --git a/rust/arrow/benches/sort_kernel.rs b/rust/arrow-benches/benches/sort_kernel.rs
similarity index 100%
rename from rust/arrow/benches/sort_kernel.rs
rename to rust/arrow-benches/benches/sort_kernel.rs
diff --git a/rust/arrow/benches/take_kernels.rs b/rust/arrow-benches/benches/take_kernels.rs
similarity index 100%
rename from rust/arrow/benches/take_kernels.rs
rename to rust/arrow-benches/benches/take_kernels.rs
diff --git a/rust/arrow/Cargo.toml b/rust/arrow/Cargo.toml
index 0b14b5bfae8..751429ff430 100644
--- a/rust/arrow/Cargo.toml
+++ b/rust/arrow/Cargo.toml
@@ -25,7 +25,6 @@ authors = ["Apache Arrow <dev@arrow.apache.org>"]
 license = "Apache-2.0"
 keywords = [ "arrow" ]
 include = [
-    "benches/*.rs",
     "src/**/*.rs",
     "Cargo.toml",
 ]
@@ -63,85 +62,8 @@ prettyprint = ["prettytable-rs"]
 memory-check = []
 
 [dev-dependencies]
-criterion = "0.3"
 flate2 = "1"
 tempfile = "3"
 
 [build-dependencies]
-cfg_aliases = "0.1"
-
-[[bench]]
-name = "aggregate_kernels"
-harness = false
-
-[[bench]]
-name = "array_from_vec"
-harness = false
-
-[[bench]]
-name = "builder"
-harness = false
-
-[[bench]]
-name = "buffer_bit_ops"
-harness = false
-
-[[bench]]
-name = "boolean_kernels"
-harness = false
-
-[[bench]]
-name = "arithmetic_kernels"
-harness = false
-
-[[bench]]
-name = "cast_kernels"
-harness = false
-
-[[bench]]
-name = "comparison_kernels"
-harness = false
-
-[[bench]]
-name = "filter_kernels"
-harness = false
-
-[[bench]]
-name = "take_kernels"
-harness = false
-
-[[bench]]
-name = "length_kernel"
-harness = false
-
-[[bench]]
-name = "sort_kernel"
-harness = false
-
-[[bench]]
-name = "csv_writer"
-harness = false
-
-[[bench]]
-name = "json_reader"
-harness = false
-
-[[bench]]
-name = "equal"
-harness = false
-
-[[bench]]
-name = "array_slice"
-harness = false
-
-[[bench]]
-name = "concatenate_kernel"
-harness = false
-
-[[bench]]
-name = "mutable_array"
-harness = false
-
-[[bench]]
-name = "buffer_create"
-harness = false
+cfg_aliases = "0.1"
\ No newline at end of file