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 $346,040, higher than the Rhode Island average of $323,786.
The average cost of rent is $1,103/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. While nearly 30.25% of residents own their homes outright in Smithfield, 15.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $8,354 per month. Households that rent pay about 13.21% of their income on rent here. Smithfield's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Stillwater, RI: less expensive homes
- Greenville, RI: equally priced homes
- North Providence, RI: less expensive homes
- Lincoln, RI: equally priced homes
- Johnston, RI: less expensive homes
- Manville, RI: equally priced homes
- Cumberland Hill, RI: less expensive homes
- North Smithfield, RI: equally priced homes
- Central Falls, RI: less expensive homes
- North Scituate, RI: equally priced homes
Cities with Similar Populations
- Winchester, TN: less expensive homes
- Fair Oaks Ranch, TX: higher priced homes
- Fairview, NJ: higher priced homes
- Federal Heights, CO: less expensive homes
- Fernway, PA: less expensive homes
- Flint, TX: less expensive homes
- Florida, PR: less expensive homes
- Fords, NJ: equally priced homes
- Forest Hill, TX: less expensive homes
- Adjuntas, PR: less expensive homes
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