Cheap Homes for Rent in Smithfield, IL from $400 (12 Rentals)

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Smithfield, IL Local Guide

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 ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Mayfair Manor2x12BR,1BA$525
8710 W Main StStudioStudio,1BA$600
Smith and Royer Apartments1 Bedroom1BR,1BA$650
The Avenue Apartments1B/ 1BA1BR,1BA$650

Best Value Apartments for Rent in Smithfield, IL and Nearby

As of May 02, 2025 the best value apartment in the Smithfield area is the $1.18 price per square foot 4 bedroom/2 bath/2.5 car garage Model at Rosemary Crossing in the starting from $1,999. The second greatest value Smithfield apartment is the HCIV22FB Model at Hollow Creek IV Apartments starting at $1,300 with a $1.27 price per square foot in the Windchime neighborhood. Here is today’s list of the best values for Smithfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rosemary Crossing4 bedroom/2 bath/2.5 car garage4BR,2BA$1.18
Hollow Creek IV ApartmentsHCIV22FB2BR,2BA$1.27
Dunlap Falls ApartmentsHudson2BR,2BA$1.34
Haymeadow ApartmentsFarmstead2BR,1BA$1.10
Williamsburg TownhousesTwo Bedroom2BR,1BA$0.98
Elm HavenElm Small 1 - 11BR,1BA$1.28
106 S 4th St2 bedroom2BR,1BA$1.21
Hollow HillsStudioStudio ,1BA$1.08
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$1.34

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Frequently Asked Questions about Smithfield

What type of rentals are currently available in Smithfield?

There are currently 41 Apartments for Rent in Smithfield, IL with pricing that ranges from $390 to $2,450. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithfield ranging from $430 to $1,900.

What is the current price range for Rental Homes in Smithfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Smithfield ranges from $430 to $1,900 with an average monthly rent of $1,159.

How much are larger Three and Four Bedroom Rentals in Smithfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Smithfield range from $880 to $1,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $849 to $1,200. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $600.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.