Cheap Apartments for Rent in Smithfield, KY from $700 (24 Rentals)

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

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.

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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.

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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
  • Utilities Included

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.

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Showing Results 1-24, Page 1 of 1

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 $885. 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$885
Oldham Oaks2 Bedroom2BR,2BA$980
Westport Woods2 Bed 1 Bath2BR,1BA$995
Flats at Twenty2b 2b2BR,2BA$995
Moesser House 55 & Up1 bedroom1BR,1BA$1,053

Best Value Apartments for Rent in Smithfield, KY and Nearby

As of December 12, 2025 the best value apartment in the Smithfield area is the $1.36 price per square foot Stallion Model at Crestwood Commons in the in the East End neighborhood starting from $2,005. The second greatest value Smithfield apartment is the 3 Bedroom Model at Oldham Oaks starting at $1,305 with a $0.97 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.
Crestwood CommonsStallion3BR,2BA$1.36
Oldham Oaks3 Bedroom3BR,2BA$0.97
Maple Brook ApartmentsB - Birchwood2BR,2BA$1.13
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
Buckner Pointe2 Bedroom2BR,2BA$1.20
Stonewater ApartmentsB3R2BR,2BA$1.31
Woodfield Apartment Homes2 bed 2 bath2BR,2BA$1.33
Terraces at Forest SpringsSunflower1BR,1BA$1.30

Don'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.

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The 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.

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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

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 $1,030 at Heathmoore.

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

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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! 

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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.