Cost of Living in Smith County, Kansas

$601/mo
Median Monthly Rent
$91,000
Median Home Value

At a Glance

Median Monthly Rent
$601/mo
24% below state average
Median Home Value
$91,000
68% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Smith County Compares

Median monthly rent comparison

Smith County$601/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$601/mo
Median Gross Rent
$91,000
Median Home Value
$665/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Smith County ranks #284 of 3,144 counties for affordability (top 9%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Smith County, Kansas

Smith County leads on affordability

Smith County's 12.7% rent-to-income ratio beats both the national average and Kansas's 14.7% state average, delivering strong housing affordability. However, the median household income of $57,024 ranks lowest among these eight counties, so modest rents make all the difference.

Among Kansas's most budget-friendly

Smith County's 12.7% rent-to-income ratio ranks well below the state average of 14.7%, placing it firmly in Kansas's affordable tier. At just $601 per month, the median rent runs $186 below the state average of $787.

Lowest rents in the region

Smith County's $601 median monthly rent stands out as the cheapest in this eight-county cluster, undercut only by Stafford County ($613). For renters prioritizing low monthly costs, Smith delivers the region's best baseline price.

Ultra-affordable housing on modest income

At $601 in rent and $665 in owner costs against a $57,024 median household income, Smith County residents spend just 12–14% of earnings on housing. The median home value of $91,000 ranks among the state's lowest, matching the county's income profile.

Rock-bottom housing costs await

Smith County offers Kansas's best housing affordability story: rock-bottom rents and ownership costs on modest incomes leave room for other priorities. Relocate here if you value maximum housing equity and minimal financial strain.

Cost of Living Advisory: Smith County

Affordability Verdict

Smith County offers affordable rental housing at a median of $601/month — about 12.6% of the typical household income here.

Rent vs. Own

The median rent in Smith County is $601/month, while owner costs run $665/month. Renting saves approximately $64/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $24,040/year. For owner costs at the 28% rule, the required income is roughly $28,500/year. With a median household income of $57,024, most households can comfortably afford rent here. Notably, 24.0% of renter households in Smith County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Smith County sits 8% less expensive than Mitchell County ($653/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Smith County

$

Rent Burden

12.6%

of gross income

Max Housing (28% Rule)

$1,331

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Smith County

Median home value is $91,000. Estimated monthly cost: $726 vs. your max of $1,331.

Rent Affordability Guide

Your rent-to-income ratio12.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,024Needed: $24,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,024Needed: $28,500
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,024Needed: $21,178

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Smith County, Kansas?
Smith County, Kansas has a median monthly rent of $601/mo and a median home value of $91,000. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Smith County?
The median gross rent in Smith County is $601/mo. This is 24% below state average for Kansas.
Is Smith County affordable?
Smith County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Smith County's rent compare to the state average?
Smith County's median rent of $601/mo is 24% below state average of $787/mo for Kansas.
What is the median home value in Smith County?
The median home value in Smith County, Kansas is $91,000. This is 68% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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