salaryRent is lower than in 60% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (84.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $58,520 a year. That is $28 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
No. Rent here is more expensive than in most of Missouri. It is number 93 of 142 cities from cheapest to most expensive.
How much do households earn in Smithville?
Share of households by yearly income. 34.6% of households earn $100,000 or more.
Rent by apartment size in Smithville
| Size | Smithville | U.S. average |
|---|---|---|
| 1 bedroom | $574 | $1,324 |
| 2 bedrooms | $1,079 | $1,509 |
| 3 bedrooms | $1,861 | $1,698 |
| 4 bedrooms | $2,342 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Smithville overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Smithville, so the Missouri figure is shown.
Taxes and bills in Smithville
Life in Smithville
Is it cheaper to rent or buy in Smithville?
Renting is cheaper right now: about $553 a month less.
Owning assumes a typical $290,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,060 for the down payment.
Frequently asked questions
What is the average rent in Smithville, MO?
Renting in Smithville costs a median of about $1,463 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Smithville?
To keep rent under 30% of income, you need about $58,520 a year, or $28 an hour at a full-time job.
Is Smithville cheap or expensive?
Smithville is rated Cheap: rent takes 16.1% of the typical household income of $109,106. It ranks 93rd cheapest of 142 Missouri cities we track.
How much are property taxes in Smithville?
The median homeowner in Smithville pays $2,850 a year in property taxes, about 0.98% of the median home value.
Is Smithville more expensive than the national average?
Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Smithville?
The median home value in Smithville is $290,600, about 2.7 times the typical yearly household income.
10,705 people live in Smithville. Numbers are typical (middle) values.