Martha Anne Smith (born October 16, 1953 in Cleveland, Ohio) is an American model and actress.
In July 1973, she was chosen Playboy magazine's Playmate of the Month. Her centerfold was photographed by Pompeo Posar.
Smith attended Michigan State University. Smith has starred in movies, such as National Lampoon's Animal House, in which she played sorority girl Babs Jansen, and has appeared in several TV series as a guest star. She was a regular on the 1983-1987 CBS adventure series Scarecrow and Mrs. King as Francine Desmond, and later appeared as a frequent panelist on The $25,000 Pyramid.
Martha is now a real estate agent in the Los Angeles area for Keller Williams. She can currently been seen on some episodes of Selling LA on HGTV.
Smith has denied appearing in the movie Broadcast News.