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 $211,682, higher than the Kentucky average of $164,895.
The average cost of rent is $923/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. While nearly 36.58% of residents own their homes outright in Smithfield, 14.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $5,977 per month. Households that rent pay about 15.45% of their income on rent here. Smithfield's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Eminence, KY: less expensive homes
- New Castle, KY: less expensive homes
- La Grange, KY: higher priced homes
- Sulphur, KY: less expensive homes
- Pendleton, KY: less expensive homes
- Port Royal, KY: less expensive homes
- North Pleasureville, KY: less expensive homes
- Buckner, KY: higher priced homes
- Crestwood, KY: higher priced homes
- Delville, KY: higher priced homes
Cities with Similar Populations
- Bristol, IL: higher priced homes
- Buchanan, TN: less expensive homes
- Canyonville, OR: equally priced homes
- Outlook, WA: equally priced homes
- Smyrna Landing, DE: higher priced homes
- Seaman, OH: less expensive homes
- Post Oak Bend City, TX: higher priced homes
- Pomaria, SC: less expensive homes
- Pleasantdale, WV: less expensive homes
- Pelham, NC: less expensive homes
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