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 $123,000, lower than the Tennessee average of $218,916.
The average cost of rent is $655/mo in Smithfield, primarily driven by the current value of real estate in the Smithfield area. While nearly 48.24% of residents own their homes outright in Smithfield, 4.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Smithfield is $4,455 per month. Households that rent pay about 14.70% of their income on rent here. Smithfield's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Sandy Lane, TN: equally priced homes
- Cokercreek, TN: equally priced homes
- Tellico Plains, TN: higher priced homes
- Jalapa, TN: equally priced homes
- Violet, NC: higher priced homes
- Rural Vale, TN: equally priced homes
- Bullet Creek, TN: less expensive homes
- Unaka, NC: higher priced homes
- Towee, TN: higher priced homes
- Farner, TN: higher priced homes
Cities with Similar Populations
- Zylks, LA: less expensive homes
- Ardoch, ND: higher priced homes
- Portland Mills, IN: less expensive homes
- President, PA: less expensive homes
- Prairie Point, TX: higher priced homes
- Prairie Hill, MO: higher priced homes
- Praha, TX: higher priced homes
- Praag, WI: higher priced homes
- Powderhorn, CO: higher priced homes
- Pottery Addition, OH: higher priced homes
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