Cheap Homes for Rent in Smithfield, VA from $800 (9 Rentals)

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

property at 222 Belray Dr

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2.5 Bath Home for Rent

Available Now

222 Belray Dr

Newport NewsVA23601
property at 520 Bellwood Rd

$875 - $975

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio To 1 Bedroom Rentals

Available Now

520 Bellwood Rd

Newport NewsVA23601
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 431 Lester Rd

$1,075

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

1 Bedroom, 1 Bath Condo for Rent

Available Now

431 Lester Rd, Unit 8

431 Lester Rd
Newport NewsVA23601

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 318 61st St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

318 61st St

Newport NewsVA23607
property at 624 Sterling St

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

624 Sterling St

Newport NewsVA23605
property at 932 16th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

932 16th St

Newport NewsVA23607
property at 24 Morrison Ave

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

3 Bedroom, 1 Bath Home for Rent

Available Now

24 Morrison Ave

Newport NewsVA23601

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 3206 Madison Ave

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

3 Bedroom, 1 Bath Home for Rent

Available Now

3206 Madison Ave

Newport NewsVA23607

Smithfield, VA Local Guide

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 ListingModel NameBed/BathPriced From
Cottage Grove Apartments and TownhomesA2 - Cottages1BR,1BA$999
Warwick Village1 Bed 1 Bath1BR,1BA$1,059
Westover Station1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bradford Mews Apartments - Tax CreditThree Bedroom3BR,2BA$1.18
Brennan Pointe II3 Bedroom 2 Bath3BR,2BA$1.19
Winston TownhousesNoland2BR,1.5BA$1.33
Sharps Landing2 Bed2BR,1.5BA$1.49
Turlington Oaks Apartments1b11BR,1BA$1.19
Admiral Pointe2 BR2BR,1BA$1.29
Hidenwood - Hiden Place ApartmentsHidenwood - The Newport - 2 Bed2BR,1.5BA$1.41
Pebble Stone GardensMeadow2BR,1BA$1.58
Windsor Court Apartments2BR/1BA2BR,1BA$1.54
Westover Station1 Bedroom1BR,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.

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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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Quick Rent Budget Calculator

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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!

Explore Smithfield, VA Rentals by Map

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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 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

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.

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.