Housing in Smith County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Smith County averages $1,238/month for a 2‑bedroom in 2024, compared to the Texas median of $1,403 and the national median of $1,413. Local renters spend approximately 29% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Smith County FMR Area are $1,053 for a studio, $1,165 for 1‑bedroom, $1,431 for 2‑bedroom, $1,918 for 3‑bedroom, and $2,119 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $193 increase for a 2-bedroom in Smith County shows a 16% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Smith County was 3.8% in 2024, compared to Texas at 4.1% and the national rate of 4.0%.

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Towns near Arp

City
County
State
Miles
Smith
TX
0.0
Smith
TX
8.1
Smith
TX
10.1
Smith
TX
13.8
Smith
TX
14.0
Smith
TX
14.5
Smith
TX
15.1
Smith
TX
18.0
Wood
TX
22.4
Upshur
TX
23.4
Gregg
TX
25.2
Wood
TX
26.1
Gregg
TX
26.4
Gregg
TX
29.1
Gregg
TX
31.9
Wood
TX
32.1
Upshur
TX
32.2
Wood
TX
34.1
Wood
TX
40.7
Gregg
TX
43.4
Wood
TX
43.7
Upshur
TX
44.8
Upshur
TX
46.0

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Arp, TX

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