Cheap Apartments for Rent in Smithfield, KY from $700 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article
close
View Me
Middletown Landing
$1,194 - $1,954
Total Monthly Price

Total Monthly Price

Base Rent
$1,194 - $1,954
Total Monthly Price
$1,194 - $1,954
1 to 2 Bedroom Apartments Available Now

Middletown Landing

700 Landis Ridge DrLouisville, KY 40245
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Avoca II
$1,258 - $1,776
Total Monthly Price

Total Monthly Price

Base Rent
$1,258 - $1,776
Total Monthly Price
$1,258 - $1,776
1 to 3 Bedroom Apartments Available Now

Avoca II

1453 Avoca Ridge DrLouisville, KY 40223
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Avoca
$1,324 - $1,918
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $1,918
Total Monthly Price
$1,324 - $1,918
1 to 3 Bedroom Apartments Available Now

Avoca

1405 Avoca Ridge DrLouisville, KY 40223
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
ColaCommons
2 to 3 Bedroom Apartments

ColaCommons

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

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
  • Utilities Included

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.

Read Article
close
View Me
Cardinal Ridge Apartments
1 to 2 Bedroom Apartments

Cardinal Ridge Apartments

1350 Evergreen WaySimpsonville, KY 40067
Corporate Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

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 Cedar Springs priced from $895. Oldham Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $905. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar SpringsOpen Floor Plan 1 Bedroom1BR,1BA$895
Oldham Oaks2 Bedroom2BR,2BA$905
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$910
Deer ParkStudioStudio,1BA$915
Maple Brook ApartmentsA - Aubern1BR,1BA$971
HeathmooreOne Bed One Bath Standard1BR,1BA$980
Green Valley ApartmentsThe Sunrise2BR,1BA$995
RosewoodOne Bed One Bath Standard1BR,1BA$1,020
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1,046
Brook Haven Townhomes2 Beds, 1.5 baths2BR,1BA$1,100

Best Value Apartments for Rent in Smithfield, KY and Nearby

As of June 20, 2026 the best value apartment in the Smithfield area is the $1.22 price per square foot Stallion Model at Crestwood Commons in the in the East End neighborhood starting from $1,795. The second greatest value Smithfield apartment is the Wisteria Model at Terraces at Forest Springs starting at $1,749 with a $1.22 price per square foot in the Outer 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.
Crestwood CommonsStallion3BR,2BA$1.22
Terraces at Forest SpringsWisteria3BR,2BA$1.22
Oldham Oaks3 Bedroom3BR,2BA$0.91
Brook Haven Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.92
Villas Of Forest SpringsTuscany2BR,2BA$1.26
Shelby Oaks ApartmentsTwo Bedroom2BR,2BA$1.10
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Green Valley ApartmentsThe Sunrise2BR,1BA$1.00
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1.11
Windhurst Park ApartmentsOne Bedroom Deluxe1BR,1BA$1.09

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Smithfield, KY Rentals by Map

Decorative image of map

See the most popular apartments and homes in Smithfield, KY

View Map
Smithfield, KY Apartments Map
View Map
Smithfield, KY Rental Homes Map

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 $895 at Cedar Springs.

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 $905 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 $1,230.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.