In Smithfield, a typical home is worth $450,200 and typical rent is $1,311 a month. Compared with all of Cache County, typical household income is 19% higher, typical rent is 8% higher, and the share of households that own their home is 17 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $406,161 to $469,351.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Smithfield is in Cache County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cache County. See the county
What this place has that others do not, from public data, most unusual first.
1
80% of households in Smithfield own their home, against 64% in Cache County.
2
Smithfield has the 5th smallest share of rent-burdened renters of the 75 cities in Utah with more than 5,000 people (31%).
3
The typical household income in Smithfield is $97,537,19% more than in Cache County as a whole ($81,665).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Smithfield
What homes there are in Smithfield, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Smithfield
Cache County
Utah
United States
Kind of home: Smithfield and its comparisons
Measure
Smithfield
Cache County
Utah
United States
Detached house
81%
64%
67%
61%
Attached house
9%
8%
8%
6%
Building of 2 to 4
Unreliable estimate
13%
7%
8%
Apartments (5 or more)
Unreliable estimate
13%
16%
19%
Mobile home
Unreliable estimate
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Smithfield, 8 in 10 homes are single-family detached houses; in Cache County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or later
Smithfield
Cache County
Utah
United States
Year built: Smithfield and its comparisons
Measure
Smithfield
Cache County
Utah
United States
Before 1960
13%
17%
15%
26%
1960–1979
19%
21%
20%
24%
1980–1999
13%
24%
26%
25%
2000–2009
21%
18%
18%
14%
2010 or later
34%
21%
21%
11%
Homes in Smithfield are newer: the typical year built is 2002; in Cache County, 1992.
In Smithfield, 83% of homes have 3 bedrooms or more, more than in Cache County (73%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K13%
$300K–$500K52%
$500K–$750K27%
$750K–$1M7%
$1M or moreUnreliable
Value of owner-occupied homes: Smithfield and its comparisons
Measure
Smithfield
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
13%
$300K–$500K
52%
$500K–$750K
27%
$750K–$1M
7%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49945%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Smithfield and its comparisons
Measure
Smithfield
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
45%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,654 a month
Cache County: $1,795 a month
Without a mortgage
$486 a month
Cache County: $526 a month
Owners with a mortgage
72%
Cache County: 65%
Owning costs less in Smithfield: with a mortgage, the typical cost is $1,654 a month; in Cache County, $1,795. Without one, $486.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Smithfield+90%
Cache County+88%
Utah+75%
United States+53%
Typical rent
Smithfield+45%
Cache County+51%
Utah+44%
United States+33%
Typical household income
Smithfield+37%
Cache County+38%
Utah+33%
United States+29%
Change since 2015–2019: Smithfield and its comparisons
Measure
Smithfield
Cache County
Utah
United States
Typical home value
+90%
+88%
+75%
+53%
Typical rent
+45%
+51%
+44%
+33%
Typical household income
+37%
+38%
+33%
+29%
From 2015–2019 to 2020–2024, home values in Smithfield rose at about the same pace as in Cache County: 90% against 88%.
Since 2015–2019, the typical rent in Smithfield rose 45%, less than in Cache County (51%).
Housing prices ran ahead of income in Smithfield: typical income rose 37%, against +90% for home values and +45% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Smithfield and its comparisons
Measure
Smithfield
Cache County
Utah
United States
Rental vacancy
Unreliable estimate
3.9%
5.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.6%
0.9%
More than one person per room
Unreliable estimate
3.5%
3.1%
3.4%
People per household
3.43
3.05
2.97
2.53
Drive alone
69%
68%
67%
69%
Carpool
8%
9%
10%
9%
Public transit
Unreliable estimate
2%
2%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
19%
14%
18%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
On average, a household in Smithfield has 3.43 people, more than in Cache County (3.05).
In Smithfield, 19% of workers work from home, more than in Cache County (14%).
Do the math
What would you pay each month for a home in Smithfield?
A typical home costs more than the typical income allows
We start with a typical home in Smithfield, worth $450,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Smithfield, which is $97,537 a year. For that payment to be 28% of income, a household would need to earn about $151,826 a year.
The calculator's FHA and conventional loan limits are those of all of Cache County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Smithfield. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $15,757 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,543
at 7.18% · 30 years
Loan amount
$442,046
Total interest
$636,000
Paid off in
November 2056
Includes $7,603 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,276 a month
Tight
$2,276 to $2,926 a month
Hard
more than $2,926 a month
Your payment · 44%
Compared with the typical household income in Smithfield ($97,537 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,995
Property tax
$161
Home insurance
$188
FHA mortgage insurance (MIP)
$199
You need at least $15,757 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,543; principal and interest $2,995.
The city and its county
Smithfield and Cache County
Smithfield is in Cache County, Utah. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Smithfield
Map of Cache County, Utah, with Smithfield marked. Around it, the neighboring counties.
Smithfield
Cache County
Other cities with a page
Smithfield's own numbers
Typical home value
$450,200
Typical monthly rent
$1,311
Typical yearly household income
$97,537
Households that own their home
80%
Effective property tax rate
0.43%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Cache County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,265
Price change over 5 years (FHFA)
+59%
Homes in a high flood-risk zone
2.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cache County.
A typical home in Smithfield is worth $450,200: about the same as the county and 8% below Utah. With the typical household income in Smithfield ($97,537 a year), a typical home costs 4.6 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Smithfield4.6 years
Cache5.4 years
Utah5.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Cache County
According to FHFA’s house price index, home prices in Cache County rose 130% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Cache County.
Yearly change in FHFA’s price index in Cache County, 2016 to 2025
2016: +6.6% +6.6% 2016
2017: +8.7% +8.7% 2017
2018: +8.8% +8.8% 2018
2019: +8.3% +8.3% 2019
2020: +6.1% +6.1% 2020
2021: +20.7% +20.7% 2021
2022: +24.4% +24.4% 2022
2023: +0.3% +0.3% 2023
2024: +3.2% +3.2% 2024
2025: +2.0% +2.0% 2025
Change in FHFA’s price index in Cache County, Utah and the United States
Period
County
Utah
U.S.
Last year (2025)
+2.0%
+2.4%
+2.9%
5 years (2020–2025)
+59%
+53%
+47%
10 years (2015–2025)
+130%
+121%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Smithfield next to Cache County, Utah and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Smithfield$450,200
Cache$444,400
Utah$489,400
United States$332,700
Typical monthly rent
Smithfield$1,311
Cache$1,213
Utah$1,496
United States$1,413
Typical yearly household income
Smithfield$97,537
Cache$81,665
Utah$95,166
United States$80,734
See the full table
Smithfield next to Cache County and Utah
Measure
Smithfield
Cache County
Utah
U.S.
Typical home value
$450,200
$444,400
$489,400
$332,700
Typical monthly rent
$1,311 ▲8% above the county
$1,213
$1,496
$1,413
Typical yearly household income
$97,537 ▲19% above the county
$81,665
$95,166
$80,734
Households that own their home
80% ▲17 points above the county
64%
70%
65%
Typical yearly property tax
$1,956 ▼3% below the county
$2,011
$2,525
$3,119
Effective property tax rate
0.43% ▼0.02 points below the county
0.45%
0.52%
0.94%
Renters with high rent for their income
31% ▼14 points below the county
45%
47%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cache County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Smithfield
For a typical $450,200 home in Smithfield, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Smithfield's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,543a month
Least cash to close
Down payment
$15,757
Cash to close
$29,263
Rate
7.18%
Mortgage insurance
FHA MIP · $199
Conventional, 5% down$3,460a month
Down payment
$22,510
Cash to close
$36,016
Rate
7.18%
Mortgage insurance
PMI · $214
Conventional, 20% down, no PMI$2,789a month
Down payment
$90,040
Cash to close
$103,546
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,205a month
Down payment
$67,530
Cash to close
$81,036
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Smithfield
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,543
$15,757
$442,046
7.18%
FHA MIP · $199
$29,263
580
Conventional, 5% down
$3,460
$22,510
$427,690
7.18%
PMI · $214
$36,016
620*
Conventional, 20% down, no PMI
$2,789
$90,040
$360,160
7.18%
None
$103,546
620*
ITIN, 15% down (example)
$3,205
$67,530
$382,670
8.18%
None
$81,036
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Smithfield is $1,311 a month: 8% above the county. In Smithfield, 31% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Cache County, by unit size. To pay the 2-bedroom one ($1,265 a month) without spending more than 30% of your income, you would need to earn $24.33 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Cache County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$961
$18.48
$38,440
1 bedroom
$967
$18.60
$38,680
2 bedrooms
$1,265
$24.33
$50,600
3 bedrooms
$1,752
$33.69
$70,080
4 bedrooms
$2,104
$40.46
$84,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Smithfield
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Smithfield is in ZIP code 84335.
For 2 bedrooms it is $1,370: $105 more than the fair market rent for Cache County ($1,265).
Fair market rent by ZIP code and size in Smithfield, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
84335
$1,040
$1,050
$1,370
$1,900
$2,280
ZIP code2 bd3 bd
84335 $1,370$1,900
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Smithfield when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Cache County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Smithfield or Cache County. The ones below are statewide in Utah: they work in Smithfield the same as in the rest of the state.
Utah state agency second mortgage for the down payment or closing costs alongside its first mortgage: up to 6% of the loan with monthly payments, or up to 3.5% at 3.5% with deferred interest and no payments; capped at $27,500.Offered by Utah Housing Corporation (UHC).
Utah state loan, run by Utah Housing, of up to $20,000 with no interest or monthly payments for the down payment, closing costs or a lower rate; only for first-time buyers of a newly built home with a Utah Housing mortgage.Offered by Utah Housing Corporation (UHC).
No legal help resource on our list is for Smithfield or Cache County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Smithfield and all of Cache County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Smithfield?
The typical home value in Smithfield is $450,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cache County it is $444,400.
How much does it cost to rent in Smithfield?
Typical rent in Smithfield is $1,311 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cache County is $1,265.
What is the FHA loan limit in Smithfield?
Smithfield uses the FHA limit for all of Cache County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Smithfield?
The typical homeowner in Smithfield pays $1,956 a year, according to the U.S. Census Bureau. That is 0.43% of the home’s value; in Cache County, the rate is 0.45%.
Where can I find free help to buy or rent in Smithfield?
There is 1 HUD-approved counseling agency with an office in Cache County. They can help you get ready to buy, with your credit, or with rent.
