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These days, finding an affordable place to live in the Smithville area can be challenging. Home prices in Smithville are now at a median cost of $178,110, lower than the Arkansas average of $207,061.
The average cost of rent is $656/mo in Smithville, primarily driven by the current value of real estate in the Smithville area. In Smithville, 21.46% of households rent, and 68.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smithville is $5,863 per month. Households that rent pay about 11.19% of their income on rent here. Smithville’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lynn, AR: less expensive homes
- Strawberry, AR: equally priced homes
- Poughkeepsie, AR: higher priced homes
- Shelbyville, AR: higher priced homes
- Powhatan, AR: less expensive homes
- Saffell, AR: less expensive homes
- Black Rock, AR: less expensive homes
- Imboden, AR: less expensive homes
- Strangers Home, AR: less expensive homes
- Coffman, AR: less expensive homes
Cities with Similar Populations
- Urbanette, AR: higher priced homes
- Comstock, WI: higher priced homes
- Cragford, AL: less expensive homes
- Dorset, OH: equally priced homes
- Dubberly, LA: less expensive homes
- Duelm, MN: higher priced homes
- Dufur, OR: higher priced homes
- East Mountain, TX: less expensive homes
- Eldorado, OH: less expensive homes
- Fairview Crossroads, SC: less expensive homes
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