Rental numbers for Smith County, TX
The typical home here runs -$1,033 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.1%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 7.1%
- 8 ZIPs with full data
- Cash flow
- -$1,033/mo
- at 7.78%, 25% down
- Typical price
- $271,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,378/mo
- Zillow ZORI, Aug 2026
ZIP codes in Smith County
14 with published figures
| 75702Tyler | $132,000 | $1,250 | 11.4% | 5.4% | -$115 | n/a |
| 75705Tyler | $217,000 | $1,910* | 10.6% | 5.9% | -$107 | n/a |
| 75701Tyler | $224,000 | $1,469 | 7.9% | 3.2% | -$609 | -0.0% |
| 75708Tyler | $186,000 | $1,200* | 7.8% | 3.1% | -$518 | n/a |
| 75791Whitehouse | $288,000 | $1,772 | 7.4% | 2.9% | -$856 | +2.1% |
| 75706Tyler | $257,000 | $1,563 | 7.3% | 2.8% | -$788 | n/a |
| 75707Tyler | $310,000 | $1,799 | 7.0% | 3.0% | -$887 | n/a |
| 75792Winona | $234,000 | $1,310* | 6.7% | 2.2% | -$824 | n/a |
| 75762Flint | $312,000 | $1,733 | 6.7% | 2.5% | -$1,021 | n/a |
| 75709Tyler | $289,000 | $1,450* | 6.0% | 1.9% | -$1,101 | n/a |
| 75704Tyler | $255,000 | $1,260* | 5.9% | 1.5% | -$1,052 | n/a |
| 75750Arp | $244,000 | $1,200* | 5.9% | 1.7% | -$973 | n/a |
| 75771Lindale | $307,000 | $1,493 | 5.8% | 1.8% | -$1,185 | n/a |
| 75703Tyler | $354,000 | $1,241 | 4.2% | 0.4% | -$1,780 | +1.5% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.4%
- Rent, 12 months
- +1.8%
- Rent minus price growth
- +2.2 pts
- Property tax
- 1.17%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $220,229 | $1,176 |
| Aug 2022 | $257,440 | $1,283 |
| Aug 2023 | $273,017 | $1,328 |
| Aug 2024 | $271,997 | $1,328 |
| Aug 2025 | $272,382 | $1,354 |
| Aug 2026 | $271,237 | $1,378 |
HUD Fair Market Rent
FY2027, Tyler, TX MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $948 | $1,041 | $1,277 | $1,718 | $1,855 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 7.6
- 629 units, last 12 months
- National percentile
- 62th
- among US counties
Tools
Questions
- Is Smith County good for rental property?
- The typical home here runs -$1,033 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Smith County?
- About 1.17% of value, from Census ACS median taxes paid over median home value. On a $271,000 home that is about $3,160 a year.
- What is Fair Market Rent in Smith County?
- HUD's FY2027 Fair Market Rent here is $1,041 for a 1-bedroom, $1,277 for a 2-bedroom and $1,718 for a 3-bedroom. Typical cash flow at today's rate is -$1,033 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.