Cheap Apartments for Rent in Smithfield, KY from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Smithfield.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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ColaCommons
2 to 3 Bedroom Apartments

ColaCommons

80 Frankfort RdShelbyville, KY 40065
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Smithfield, KY Local Guide

Cheapest Available Smithfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Smithfield, KY is a 1 Bed unit found at Chamberlain Oaks in the Langdon Place neighborhood priced from $810. Rosewood in the Eastwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,044. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chamberlain OaksOne Bedroom1BR,1BA$810
RosewoodOne Bedroom One Bath1BR,1BA$1,044
Bishop Place Apartments1 Bed, 1 bath1BR,1BA$1,050
Moesser House 55 & Up1 bedroom1BR,1BA$1,053
Maple Brook ApartmentsA - Aubern1BR,1BA$1,071

Best Value Apartments for Rent in Smithfield, KY and Nearby

As of June 07, 2025 the best value apartment in the Smithfield area is the $1.09 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,475. The second greatest value Smithfield apartment is the 2 Beds, 1.5 baths Model at Brook Haven Townhomes starting at $1,100 with a $0.92 price per square foot . 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$1.09
Brook Haven Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.92
Cardinal Ridge Apartments2x22BR,2BA$1.12
Avoca2 Bedroom2BR,2BA$1.33
Shelby Oaks ApartmentsTwo Bedroom2BR,2BA$1.05
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Buckner Pointe2 Bedroom2BR,2BA$1.30
Springhurst East Apartments2 Bedroom Gold Premium2BR,1BA$1.29
Bishop Place Apartments1 Bed, 1 bath1BR,1BA$1.24
Chamberlain OaksOne Bedroom1BR,1BA$1.15

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Smithfield, KY Rentals by Map

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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

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 $810 at Chamberlain Oaks.

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 $930 at Chamberlain Oaks.

What is the most affordable Smithfield Three Bedroom Apartment?

The best deal on a cheap Smithfield Three Bedroom Apartment rental is at Chamberlain Oaks and starts from $1,200.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.