Smiths Bend 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 Smiths Bend is about $777 per month. This puts it in the 33rd percentile compared to the state average cost of rent, which is $1,261. Households in Smiths Bend have a median income of $5,874 per month so the average renter in Smiths Bend is spending roughly 13% of their earnings on housing.
Nationally, and in Smiths Bend, home values are the data point most closely correlated with the cost of rent. The median price of a home in Smiths Bend is $135,576 right now, which is lower than nearby cities, meaning that rents in Smiths Bend also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Smiths Bend while lower rent rates are often available in central areas.
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