The Most Affordable Neighborhoods in Smithton, AR by Home Value

 

Smithton, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Smithton area can be challenging. Home prices in Smithton are now at a median cost of $116,473, lower than the Arkansas average of $160,541.

The average cost of rent is $671/mo in Smithton, primarily driven by the current value of real estate in the Smithton area. While nearly 61.76% of residents own their homes outright in Smithton, 32.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Smithton is $3,938 per month. Households that rent pay about 17.05% of their income on rent here. Smithton's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.


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