
Cheap Homes for Rent in Smithfield, VA from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Smithfield.


520 Bellwood Rd

116 Tyler Ave

431 Lester Rd, Unit 8
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.

318 61st St

624 Sterling St

932 16th St

24 Morrison Ave
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.

3206 Madison Ave
Smithfield, VA Local Guide

How much does it cost to rent a home in Smithfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smithfield 2 Bedroom Homes for Rent | $1,561 | $1,075 | $2,000 |
| Smithfield 3 Bedroom Homes for Rent | $2,292 | $850 | $3,300 |
| Smithfield 4 Bedroom Homes for Rent | $2,899 | $1,995 | $3,500 |
| Smithfield 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Smithfield
Explore Smithfield
Smithfield, VA Local Guide
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Cheapest Available Smithfield Apartments for Rent and Nearby
 The cheapest available apartment rental in Smithfield, VA is a 1 Bed unit found at Cottage Grove Apartments and Townhomes in the Huntington neighborhood priced from $999. Warwick Village in the Robinson Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,059. Here is today’s list of the most affordable Smithfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottage Grove Apartments and Townhomes | A2 - Cottages | 1BR,1BA | $999 |
| Warwick Village | 1 Bed 1 Bath | 1BR,1BA | $1,059 |
| Westover Station | 1 Bedroom | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Smithfield, VA and Nearby
As of June 10, 2026 the best value apartment in the Smithfield area is the $1.18 price per square foot Three Bedroom Model at Bradford Mews Apartments - Tax Credit in the starting from $1,556. The second greatest value Smithfield apartment is the 3 Bedroom 2 Bath Model at Brennan Pointe II starting at $1,395 with a $1.19 price per square foot in the Huntington neighborhood. Here is today’s list of the best values for Smithfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bradford Mews Apartments - Tax Credit | Three Bedroom | 3BR,2BA | $1.18 |
| Brennan Pointe II | 3 Bedroom 2 Bath | 3BR,2BA | $1.19 |
| Winston Townhouses | Noland | 2BR,1.5BA | $1.33 |
| Sharps Landing | 2 Bed | 2BR,1.5BA | $1.49 |
| Turlington Oaks Apartments | 1b1 | 1BR,1BA | $1.19 |
| Admiral Pointe | 2 BR | 2BR,1BA | $1.29 |
| Hidenwood - Hiden Place Apartments | Hidenwood - The Newport - 2 Bed | 2BR,1.5BA | $1.41 |
| Pebble Stone Gardens | Meadow | 2BR,1BA | $1.58 |
| Windsor Court Apartments | 2BR/1BA | 2BR,1BA | $1.54 |
| Westover Station | 1 Bedroom | 1BR,1BA | $1.63 |
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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Smithfield, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Smithfield, VA
Frequently Asked Questions about Smithfield
What type of rentals are currently available in Smithfield?
There are currently 55 Apartments for Rent in Smithfield, VA with pricing that ranges from $829 to $15,240. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithfield ranging from $850 to $3,500.
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 $850 to $3,500 with an average monthly rent of $1,867.
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

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.

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.

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.

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.