States › New Jersey › Smithville

Is Smithville, NJ expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6635% lower than U.S. average
💵 Families earn per year (2026)$83,669about $6,972/month · 4% lower than U.S. average
🔑 House price$279,20016% lower than U.S. average

Rent is higher than in 51% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (78.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $66,520 a year. That is $32 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 42 of 291 cities from cheapest to most expensive.

Smithville
$1,663
Lake Mohawk
$2,195
Browns Mills
$1,346
Chatham
$3,724
Park Ridge
$2,746
Matawan
$2,013
Keansburg
$1,695

How much do households earn in Smithville?

Under $25k
15.7%
$25k–50k
19.8%
$50k–100k
34.9%
$100k–150k
19.7%
$150k+
8.4%

Share of households by yearly income. 28.1% of households earn $100,000 or more.

Rent by apartment size in Smithville

SizeSmithvilleU.S. average
1 bedroom$1,525$1,324
2 bedrooms$1,730$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Smithville overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Smithville, so the New Jersey figure is shown.

Taxes and bills in Smithville

🏛️ Property tax$5,983a year · 2.14% of home value · U.S. $3,119
⚡ Electric bill$126a month (typical) · U.S. $156

Life in Smithville

Commute to work26 minU.S.: 26.4 min
College degree37.5%U.S.: 35.7%
Own their home78.2%U.S.: 65.2%
Below poverty line9.8%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Smithville?

Renting is cheaper right now: about $274 a month less.

Renting
$1,663
Owning
$1,937

Owning assumes a typical $279,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,920 for the down payment.

Frequently asked questions

What is the average rent in Smithville, NJ?

Renting in Smithville costs a median of about $1,663 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Smithville?

To keep rent under 30% of income, you need about $66,520 a year, or $32 an hour at a full-time job.

Is Smithville cheap or expensive?

Smithville is rated OK: rent takes 23.9% of the typical household income of $83,669. It ranks 42nd cheapest of 291 New Jersey cities we track.

How much are property taxes in Smithville?

The median homeowner in Smithville pays $5,983 a year in property taxes, about 2.14% of the median home value.

Is Smithville more expensive than the national average?

Overall prices in New Jersey are 9% above 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 $279,200, about 3.3 times the typical yearly household income.

9,545 people live in Smithville. Numbers are typical (middle) values.