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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 $206,713, lower than the Michigan average of $250,415.
The average cost of rent is $1,380/mo in Smyrna, primarily driven by the current value of real estate in the Smyrna area. In Smyrna, 34.75% of households rent, and 39.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Smyrna is $6,278 per month. Households that rent pay about 21.98% of their income on rent here. Smyrna’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tremaine Corners, MI: equally priced homes
- Ionia, MI: less expensive homes
- West Sebewa, MI: equally priced homes
- Saranac, MI: higher priced homes
- Lyons, MI: less expensive homes
- Muir, MI: less expensive homes
- Orleans, MI: less expensive homes
- Portland, MI: equally priced homes
- Lake Odessa, MI: higher priced homes
- Clarksville, MI: higher priced homes
Cities with Similar Populations
- Rillton, PA: less expensive homes
- Olney, OR: higher priced homes
- Orion, WI: less expensive homes
- Otto, NY: less expensive homes
- Parkersburg, IL: less expensive homes
- Parks, AR: less expensive homes
- Partridge, KY: less expensive homes
- Pasco, OH: less expensive homes
- Pecan Gap, TX: less expensive homes
- Peeled Chestnut, TN: higher priced homes
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