Cheap Homes for Rent near Smithfield, VA from $700 (6 Rentals)

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

property at 841 41st St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Townhome for Rent

Available Now

841 41st St

Newport NewsVA23607
property at 520 Bellwood Rd

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Now

520 Bellwood Rd

Newport NewsVA23601
property at 2314 Chestnut Ave

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

1 Bedroom, 1 Bath Home for Rent

Available Now

2314 Chestnut Ave

Newport NewsVA23607

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 116 Tyler Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Condo for Rent

Available Now

116 Tyler Ave

Newport NewsVA23601
property at 338 51st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

338 51st St

Newport NewsVA23607
property at 612 46th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

612 46th St

Newport NewsVA23607

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Smithfield, VA Local Guide

Cheapest Available Smithfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Smithfield, VA is a Studio unit found at Hartford at Anchor Point in the Ivy Farms neighborhood priced from $905. Cottage Grove Apartments and Townhomes in the Huntington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hartford at Anchor PointStudioStudio,1BA$905
Cottage Grove Apartments and TownhomesA2 - Cottages1BR,1BA$999
Turlington Oaks Apartments1b11BR,1BA$1,015

Best Value Apartments for Rent in Smithfield, VA and Nearby

As of July 25, 2026 the best value apartment in the Smithfield area is the $1.44 price per square foot Noland Model at Winston Townhouses in the in the Robinson Terrace neighborhood starting from $1,436. The second greatest value Smithfield apartment is the 2 Bedroom 2 Bath Model at Wellesley Woods Apartment Homes starting at $1,405 with a $1.41 price per square foot in the Glendale 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.
Winston TownhousesNoland2BR,1.5BA$1.44
Wellesley Woods Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.41
Sharps Landing2 Bed2BR,1.5BA$1.49
Westover Station2 Bedroom2BR,1BA$1.49
Jefferson FlatsJEFFERSON RENOVATED2BR,1BA$1.56
Turlington Oaks Apartments1b11BR,1BA$1.19
Hidenwood - Hiden Place ApartmentsHidenwood - The Newport - 2 Bed2BR,1.5BA$1.41
Admiral Pointe2 BR2BR,1BA$1.31
Pebble Stone GardensMeadow2BR,1BA$1.48
Windsor Court Apartments2BR/1BA2BR,1BA$1.54

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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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.

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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 55 Apartments for Rent in Smithfield, VA with pricing that ranges from $829 to $15,240. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithfield ranging from $795 to $3,495.

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 $795 to $3,495 with an average monthly rent of $1,819.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.