Cheap Homes for Rent in Smithfield, RI from $1,000 (11 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

property at 2 Brook St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

2 Brook St

SmithfieldRI02917
property at 203 Lexington Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

203 Lexington Ave

North ProvidenceRI02904

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.

property at 375 Old River Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

375 Old River Rd

LincolnRI02838

Smithfield, RI Local Guide

Cheapest Available Smithfield Apartments for Rent

 

The cheapest available apartment rental in Smithfield, RI is a 1 Bed unit found at Douglas Apartments-An Active Adult Community in the Outer Downcity East Side neighborhood priced from $1,750. The Belmore in the Manton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$1,750
The Belmore1 Bedroom1BR,1BA$1,799
Lofts & Townhomes @ International Apartments520-108 ( 1 Bedroom 1 Bath )1BR,1BA$1,850
Washington Hill Apartments1x1 waitlist1BR,1BA$1,956
Greystone LoftsG-0x1HStudio,1BA$1,969

Best Value Apartments for Rent in Smithfield, RI

As of June 06, 2026 the best value apartment in the Smithfield area is the $1.79 price per square foot 300-700 Model at Kirkbrae Glen Apartments in the starting from $2,400. The second greatest value Smithfield apartment is the G-0x1H Model at Greystone Lofts starting at $1,969 with a $2.31 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.
Kirkbrae Glen Apartments300-7002BR,2BA$1.79
Greystone LoftsG-0x1HStudio ,1BA$2.31
508 Woodward Rd, Unit Woodward Rd #2508 Woodward Rd2BR,1BA$1.76
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$2.33
Washington Hill Apartments1x1 waitlist1BR,1BA$2.61
Lofts & Townhomes @ International Apartments520-108 ( 1 Bedroom 1 Bath )1BR,1BA$2.47
The Belmore1 Bedroom1BR,1BA$2.77
ReNew North ProvidenceAiken1BR,1BA$3.88

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

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

Explore Smithfield, RI Rentals by Map

View Map
Smithfield, RI Apartments Map
View Map
Smithfield, RI Rental Homes Map

Frequently Asked Questions about Smithfield

What type of rentals are currently available in Smithfield?

There are currently 105 Apartments for Rent in Smithfield, RI with pricing that ranges from $1,500 to $5,935. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithfield ranging from $1,000 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 $1,000 to $16,500 with an average monthly rent of $3,004.

How much are larger Three and Four Bedroom Rentals in Smithfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Smithfield range from $1,900 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $5,935.

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

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.

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.