
Cheap Apartments for Rent in Smithfield, IL from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Smithfield.


Lexington Concord

The Avenue Apartments

Aspen Court
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Smith and Royer Apartments

PARKWAY ESTATES

Hollow Hills

119 Vanburen Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2807 W Nevada St

1537 S Idaho St

2213 Stoneybrook Rd

518 W Murray St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

43 W North St

103 E 2nd St
Smithfield, IL Local Guide

How much does it cost to rent an apartment in Smithfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smithfield Studio Apartments | $886 | $390 | $1,500 |
| Smithfield 1 Bedroom Apartments | $1,135 | $510 | $2,400 |
| Smithfield 2 Bedroom Apartments | $976 | $450 | $1,695 |
| Smithfield 3 Bedroom Apartments | $1,062 | $880 | $1,400 |
| Smithfield 4 Bedroom Apartments | $1,187 | $600 | $1,600 |
Browse Top Apartments in Smithfield
See all Apartments in SmithfieldExplore Smithfield
Smithfield, IL Local Guide
- Nearby Cities
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Cheapest Available Smithfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Smithfield, IL is a Studio unit found at Macomb Rentals priced from $390. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable Smithfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
| Mayfair Manor | 2x1 | 2BR,1BA | $525 |
| 8710 W Main St | Studio | Studio,1BA | $600 |
| Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $650 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $650 |
Best Value Apartments for Rent in Smithfield, IL and Nearby
As of October 24, 2025 the best value apartment in the Smithfield area is the $1.24 price per square foot HCIV2D1FP Model at Hollow Creek IV Apartments in the in the Windchime neighborhood starting from $1,450. The second greatest value Smithfield apartment is the HO36012B Model at Hidden Oaks Apartments starting at $1,390 with a $1.36 price per square foot in the Sunset Hills neighborhood. Here is today’s list of the best values for Smithfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hollow Creek IV Apartments | HCIV2D1FP | 2BR,2BA | $1.24 |
| Hidden Oaks Apartments | HO36012B | 2BR,2BA | $1.36 |
| ASPEN BLUFF APARTMENTS | Two Bedrooms Two Bathroom | 2BR,2BA | $1.20 |
| Westporte Apartments | WP2B | 2BR,1BA | $1.27 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $0.90 |
| Willow Oaks Apartments | One Bedroom | 1BR,1BA | $1.04 |
| Elm Haven Place | UP TO $2250 OFF rent OR 2 FREE months rent YOU ... | 1BR,1BA | $1.28 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $1.06 |
| Williamsburg Townhouses | One Bedroom | 1BR,1BA | $1.37 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Smithfield, IL Rentals by Map
See the most popular apartments and homes in Smithfield, IL
Getting Around Smithfield, IL
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Smithfield Apartments
What is the Cheapest Studio apartment in Smithfield?
Currently the most affordable Cheap Studio Apartment in Smithfield is at Macomb Rentals listed at $390.
How much is rent for a Cheap One Bedroom Smithfield Apartment?
The lowest price for a Cheap One Bedroom Smithfield Apartment is $510 at Macomb Rentals.
What is the lowest price for a Cheap Two Bedroom Smithfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Smithfield is starting from $450 at Macomb Rentals.
What is the most affordable Smithfield Three Bedroom Apartment?
The best deal on a cheap Smithfield Three Bedroom Apartment rental is at PARKWAY ESTATES and starts from $880.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





