Cheap Apartments for Rent in Smithfield, KY from $700 (20 Rentals)

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ColaCommons
2 to 3 Bedroom Apartments

ColaCommons

80 Frankfort RdShelbyville, KY 40065
  • Utilities Included
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Middletown Apartments
1 to 3 Bedroom Apartments

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
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Smithfield, KY Local Guide

Cheapest Available Smithfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Smithfield, KY is a Studio unit found at Heathmoore in the Outer East End neighborhood priced from $920. Oldham Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $980. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HeathmooreStudio SStudio,1BA$920
Oldham Oaks2 Bedroom2BR,2BA$980
Westport Woods2 Bed 1 Bath2BR,1BA$995
Bishop Place Apartments1 Bed, 1 bath1BR,1BA$1,050
Moesser House 55 & Up1 bedroom1BR,1BA$1,053

Best Value Apartments for Rent in Smithfield, KY and Nearby

As of October 27, 2025 the best value apartment in the Smithfield area is the $0.97 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,305. The second greatest value Smithfield apartment is the Thoroughbred Model at Crestwood Commons starting at $1,530 with a $1.26 price per square foot in the East End 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.
Oldham Oaks3 Bedroom3BR,2BA$0.97
Crestwood CommonsThoroughbred2BR,2BA$1.26
Brook Haven Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.92
Cardinal Ridge Apartments2x22BR,2BA$1.12
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Stonewater ApartmentsBR2BR,1BA$1.18
Shelbyville PlaceStandard2BR,2BA$1.14
Villas Of Forest SpringsVista1BR,1BA$1.35
Buckner Pointe1 Bedroom1BR,1BA$1.31
Bishop Place Apartments1 Bed, 1 bath1BR,1BA$1.24

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Location, Location, Location!

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Getting Around Smithfield, KY

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

14 / 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

How much is rent for a Cheap One Bedroom Smithfield Apartment?

The lowest price for a Cheap One Bedroom Smithfield Apartment is $1,050 at Bishop Place Apartments.

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 $980 at Oldham Oaks.

What is the most affordable Smithfield Three Bedroom Apartment?

The best deal on a cheap Smithfield Three Bedroom Apartment rental is at Oldham Oaks and starts from $1,305.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.