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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 $296,979, higher than the Nebraska average of $252,353.
The average cost of rent is $909/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. In Smithfield, 21.32% of households rent, and 63.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $6,525 per month. Households that rent pay about 13.92% of their income on rent here. Smithfield’s most expensive areas are in the northwestern 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
- Bertrand, NE: less expensive homes
- Elwood, NE: less expensive homes
- Lexington, NE: less expensive homes
- Darr, NE: less expensive homes
- Overton, NE: less expensive homes
- Loomis, NE: less expensive homes
- Eustis, NE: less expensive homes
- Elm Creek, NE: less expensive homes
- Atlanta, NE: less expensive homes
- Holdrege, NE: less expensive homes
Cities with Similar Populations
- Rockport, KY: less expensive homes
- Pansy, WV: less expensive homes
- Paxton, IN: less expensive homes
- Peckham, CO: higher priced homes
- Pedenville, GA: less expensive homes
- Petrolia, IL: less expensive homes
- Pie Town, NM: less expensive homes
- Rea Valley, AR: less expensive homes
- Rock Springs, MD: equally priced homes
- Rockland, KY: less expensive homes
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