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Affordable
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These days, finding an affordable place to live in the Smyrna area can be challenging. Home prices in Smyrna are now at a median cost of $236,886, higher than the Indiana average of $232,932.
The average cost of rent is $997/mo in Smyrna, primarily driven by the current value of real estate in the Smyrna area. In Smyrna, 26.61% of households rent, and 53.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smyrna is $4,778 per month. Households that rent pay about 20.86% of their income on rent here. Smyrna’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Volga, IN: equally priced homes
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Cities with Similar Populations
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- Pinecreek, MN: less expensive homes
- Pine Hurst Park, NC: higher priced homes
- Pine Glen, PA: less expensive homes
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