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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 $145,276, lower than the Pennsylvania average of $288,156.
The average cost of rent is $870/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. In Smithfield, 25.73% of households rent, and 54.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $6,015 per month. Households that rent pay about 14.46% of their income on rent here. Smithfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Old Frame, PA: equally priced homes
- Fairchance, PA: higher priced homes
- Gans, PA: higher priced homes
- White House, PA: less expensive homes
- Lake Lynn, PA: less expensive homes
- Oliphant Furnace, PA: equally priced homes
- New Geneva, PA: higher priced homes
- Leckrone, PA: less expensive homes
- Martin, PA: higher priced homes
- Masontown, PA: less expensive homes
Cities with Similar Populations
- Waynesboro, TN: equally priced homes
- North Berwick, ME: higher priced homes
- Hendron, KY: higher priced homes
- Richwood, LA: less expensive homes
- Poland, ME: higher priced homes
- North Kansas City, MO: higher priced homes
- New Holstein, WI: higher priced homes
- Moody, TX: higher priced homes
- Mineral Bluff, GA: higher priced homes
- Greenwood Lake, NY: higher priced homes
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