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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 $219,500, lower than the Missouri average of $246,641.
The average cost of rent is $592/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. In Smithfield, 20.00% of households rent, and 18.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $6,683 per month. Households that rent pay about 8.86% of their income on rent here. Smithfield’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carl Junction, MO: equally priced homes
- Airport Drive, MO: higher priced homes
- Empire City, KS: less expensive homes
- Waco, MO: less expensive homes
- Crestline, KS: less expensive homes
- Webb City, MO: less expensive homes
- Galena, KS: less expensive homes
- Oronogo, MO: less expensive homes
- Joplin, MO: less expensive homes
- Carterville, MO: less expensive homes
Cities with Similar Populations
- Arena, ND: less expensive homes
- West Van Voorhis, WV: higher priced homes
- Ashby, VA: higher priced homes
- Aquilla, MO: less expensive homes
- Appam, ND: less expensive homes
- Angle Inlet, MN: higher priced homes
- Angela, MT: equally priced homes
- Andover Junction, NJ: higher priced homes
- Amorita, OK: less expensive homes
- Almeria, AL: less expensive homes
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