City Report · MO

Smithville

Pop. 10,705·4th most expensive in Missouri·Rental market data updated monthly for Smithville, MO
Median rent (all units)
$1,862/mo
Year-over-Year
Stable
Month-over-Month
-12.4%
vs US Median
-$100
Falling (Monthly)
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Most AffordableMost Expensive
Smithville · $1,862
More expensive than 50% of US cities · National median $1,962/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,862/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$74,000/yr
Local median income
$101,165/yr
Based on the 30%-of-income rule using Smithville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,090
2 BR
$1,240
3 BR
$1,620
4 BR+
$1,910
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,862 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$22,344/yr
At $1,862/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -12.4% MoM), not inventory.
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Demographics

Who lives here

Smithville, MO is majority owner-occupied, has a large share of families with children, has a median income above the national average, 32.4% of residents hold a bachelor's degree or higher.

Population
10,705
Median income
$101,165
Median age
37.4
Renters
15.8%
Age distribution
26.3%
17.3%
27%
14.1%
15.4%
Under 1826.3%
18–3417.3%
35–5427%
55–6414.1%
65+15.4%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
95.1%
White95.1%
Black0.6%
Hispanic2.4%
Other1.7%
Education (25+)
22.9%
37.6%
32.4%
No HS diploma7.1%
HS diploma22.9%
Some college37.6%
Bachelor's+32.4%
Housing tenure
84.2%
15.8%
Owner84.2%
Renter15.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Smithville, MO has changed in 5 years

Income
$90,909 → $101,165
up 11.3%
Population
10,211 → 10,705
up 4.8%
Renter share
11.3% → 15.8%
+4.5 pts
Bachelor's+
28.2% → 32.4%
+4.2 pts
Median age
36.4 → 37.4
+1.0 yrs

Median household income climbed from $90,909 to $101,165 between 2021 and 2024, a 11.3% shift. Census counts show Smithville, MO adding about 494 residents over the five-year window, up 4.8% on net. The renter share has risen from 11.3% to 15.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 28.2% to 32.4% across the same window.

Community

Discussions about Smithville

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View Smithville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Smithville on your salary?

At $1,862/mo, how Smithville rent compares to typical pay (30% rule).

By apartment size

Smithville rent by bedroom count

Median rent for each apartment size in Smithville. Click any size for full breakdown.

Local insights

Tips for renters in Smithville

About renting in Smithville, MO

Last updated: August 17, 2026

The median rent in Smithville is $1,862/mo as of August 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,090/mo and 3-bedroom units go for $1,620/mo.

At 22% of local median household income ($101,165/yr), Smithville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Smithville an affordable city for renters?

Smithville is considered very affordable for renters. At $1,862/mo, rent takes approximately 22% of the local median household income ($101,165/yr). The standard benchmark is 30%. Smithville falls comfortably within that range.

How much income do you need to rent in Smithville?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,862/mo in Smithville. The local median household income is $101,165/yr, meaning the typical Smithville household meets that threshold.

Is rent going up or down in Smithville?

Rent in Smithville has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Smithville rent compare to other cities in Missouri?

Smithville is one of the pricier cities in Missouri for rent, ranking #4 out of 79 tracked cities at $1,862/mo.

Which nearby cities are cheaper to rent in than Smithville?

Several nearby cities have lower median rents than Smithville ($1,862/mo): Gladstone ($1,234/mo), North Kansas City ($1,499/mo), Liberty ($1,510/mo).

What percentage of Smithville residents rent vs. own?

According to Census data, approximately 15.8% of Smithville households are renters, while 84.2% are owner-occupied. Smithville leans toward homeownership, which can mean a smaller rental inventory.

How does Smithville rent compare to the national average?

Smithville's median rent of $1,862/mo is $100 (5%) below the US national median of $1,962/mo. Within Missouri, it ranks #4 out of 79 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,862/mo, rent takes ~22% of Smithville's median household income ($101,165/yr). The standard benchmark is 30%.

Smithville 22%Benchmark 30%
State income tax2–4.7%
Run the Smithville affordability calculator →
Lowest-rent ZIP codes in Smithville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Smithville, MO

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