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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Smithville, TN Housing Affordability Index

Smithville, Tennessee has an MBR Housing Affordability Index score of 108.1 (Near National Average) as of October 30, 2026, ranking 321st most affordable of 380 scored Tennessee cities, compared with 103.7 statewide and 97.4 nationally. On a median-priced $194,200 home with 20% down, the Tennessee average 30-year fixed rate of 7.18% means a monthly principal and interest payment of about $1,053, or 38% of the city’s $33,192 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Smithville is updated every night from live Tennessee mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Smithville MBR-HAI 108.1 Near National Average
Rank in Tennessee 321 of 380 1 = most affordable
Tennessee 103.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.18% Tennessee lenders
Median home value $194,200 U.S. Census Bureau

Smithville is 4.4 points above the Tennessee score. Scores as of October 30, 2026. See the Tennessee index

View Smithville Mortgage Rates

What It Takes to Buy in Smithville

$1,053/mo
Principal & Interest
Median home, 20% down, 7.18%
$45,100
Income Needed
To keep the payment at 28% of income
$33,192
Median Household Income
Tennessee: $69,595
5.9x
Price-to-Income Ratio
Tennessee: 4.1x
$993/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$682/yr
Median Property Tax
0.35% of median value
44.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
65.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Smithville, Tennessee. The rate is the Tennessee average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Smithville Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Smithville, Tennessee score: 108.1 (Near National Average), ranked 321 of 380 Tennessee cities. monitorbankrates.com/housing-affordability-index/tennessee/smithville”