States › Tennessee › Smithville

Is Smithville, TN expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$96045% lower than U.S. average
💵 Families earn per year (2026)$35,798about $2,983/month · 59% lower than U.S. average
🔑 House price$194,20042% lower than U.S. average

Rent is lower than in 90% of U.S. cities. A typical house costs about 5.4 years of household income. Commutes are short, about 15.1 minutes.

How much money do I need?

To rent here comfortably, you should earn about $38,400 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Tennessee cities?

Yes. Rent here is cheaper than in most of Tennessee. It is number 24 of 114 cities from cheapest to most expensive.

Smithville
$960
Pleasant View
$1,918
Madisonville
$1,001
Medina
$1,269
Ashland City
$1,406
Bolivar
$850
Mount Carmel
$677

How much do households earn in Smithville?

Under $25k
30.9%
$25k–50k
28.4%
$50k–100k
23.2%
$100k–150k
4.9%
$150k+
2.2%

Share of households by yearly income. 7.0% of households earn $100,000 or more.

Rent by apartment size in Smithville

SizeSmithvilleU.S. average
1 bedroom$487$1,324
2 bedrooms$955$1,509
3 bedrooms$989$1,698

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

How expensive is Smithville overall?

Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).

Housing
79
Goods (food, clothes…)
96
Utilities
72
Other services
95
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 Tennessee figure is shown.

Taxes and bills in Smithville

🏛️ Property tax$736a year · 0.38% of home value · U.S. $3,119
⚡ Electric bill$125a month (typical) · U.S. $156

Life in Smithville

Commute to work15.1 minU.S.: 26.4 min
College degree17%U.S.: 35.7%
Own their home54.7%U.S.: 65.2%
Below poverty line33.4%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Smithville?

Renting is cheaper right now: about $387 a month less.

Renting
$960
Owning
$1,347

Owning assumes a typical $194,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,420 for the down payment.

Frequently asked questions

What is the average rent in Smithville, TN?

Renting in Smithville costs a median of about $960 a month in 2026, including utilities. The Tennessee median is $1,279.

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

To keep rent under 30% of income, you need about $38,400 a year, or $18 an hour at a full-time job.

Is Smithville cheap or expensive?

Smithville is rated Expensive: rent takes 32.2% of the typical household income of $35,798. It ranks 24th cheapest of 114 Tennessee cities we track.

How much are property taxes in Smithville?

The median homeowner in Smithville pays $736 a year in property taxes, about 0.38% of the median home value.

Is Smithville more expensive than the national average?

Overall prices in Tennessee are 8% 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 $194,200, about 5.4 times the typical yearly household income.

5,288 people live in Smithville. Numbers are typical (middle) values.