The Most Affordable Neighborhoods in Smithfield, NE by Home Value

 

Smithfield, NE Map of Most Affordable Neighborhoods
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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 $226,558, higher than the Nebraska average of $188,542.

The average cost of rent is $635/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. While nearly 57.28% of residents own their homes outright in Smithfield, 10.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $6,207 per month. Households that rent pay about 10.24% of their income on rent here. Smithfield's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.


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