Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Smithfield area can be challenging. Home prices in Smithfield are now at a median cost of $114,132, lower than the Illinois average of $242,002.
The average cost of rent is $761/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. While nearly 61.89% of residents own their homes outright in Smithfield, 9.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $4,789 per month. Households that rent pay about 15.89% of their income on rent here. Smithfield's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Seville, IL: less expensive homes
- Cuba, IL: equally priced homes
- Marietta, IL: less expensive homes
- Fiatt, IL: higher priced homes
- Ellisville, IL: less expensive homes
- New Philadelphia, IL: less expensive homes
- Lewistown, IL: less expensive homes
- Ipava, IL: less expensive homes
- Bryant, IL: higher priced homes
- Table Grove, IL: less expensive homes
Cities with Similar Populations
- Osmond, NC: higher priced homes
- Rock Creek, ID: higher priced homes
- Rochelle, VA: higher priced homes
- Rigsby, OK: higher priced homes
- Richville, OK: higher priced homes
- Richards, TX: equally priced homes
- Reliance, TN: higher priced homes
- Reklaw, TX: higher priced homes
- Reading, KS: higher priced homes
- Reader, WV: less expensive homes
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