Cheap Homes for Rent in Smithfield, RI from $800 (12 Rentals)

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Search the lowest-cost Homes 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.

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.

Smithfield, RI Local Guide

Cheapest Available Smithfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Smithfield, RI is a Studio unit found at Greystone Lofts priced from $1,542. ReNew North Providence in the Outer Downcity East Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,699. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greystone LoftsG-0x1AStudio,1BA$1,542
ReNew North ProvidenceAiken1BR,1BA$1,699
The Belmore1 Bedroom1BR,1BA$1,699
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$1,750
Lofts & Townhomes @ International Apartments520-108 ( 1 Bedroom 1 Bath )1BR,1BA$1,850

Best Value Apartments for Rent in Smithfield, RI and Nearby

As of April 22, 2026 the best value apartment in the Smithfield area is the $2.61 price per square foot 1x1 waitlist Model at Washington Hill Apartments in the starting from $1,956. The second greatest value Smithfield apartment is the 520-108 ( 1 Bedroom 1 Bath ) Model at Lofts & Townhomes @ International Apartments starting at $1,850 with a $2.47 price per square foot in the Manton 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.
Washington Hill Apartments1x1 waitlist1BR,1BA$2.61
Lofts & Townhomes @ International Apartments520-108 ( 1 Bedroom 1 Bath )1BR,1BA$2.47
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$2.50
The Belmore1 Bedroom1BR,1BA$2.77
Greystone LoftsG-0x1AStudio ,1BA$2.44
ReNew North ProvidenceAiken1BR,1BA$3.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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

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Frequently Asked Questions about Smithfield

What type of rentals are currently available in Smithfield?

There are currently 103 Apartments for Rent in Smithfield, RI with pricing that ranges from $1,542 to $5,922. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithfield ranging from $833 to $16,500.

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 $833 to $16,500 with an average monthly rent of $3,070.

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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From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Written by: M. April Tome

I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.