Smith Hill renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Smith Hill is about $1,163 per month. This puts it in the 61st percentile compared to the city average cost of rent, which is $1,209. Households in Smith Hill have a median income of $4,832 per month so the average renter in Smith Hill is spending roughly 24% of their earnings on housing.
Nationally, and in Smith Hill, home values are the data point most closely correlated with the cost of rent. The median price of a home in Smith Hill is $537,290 right now, which is higher than nearby neighborhoods, meaning that rents in Smith Hill also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of Smith Hill while lower rent rates are often available in eastern areas.
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