
Cheap Homes for Rent in Smithshire, IL from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Smithshire.


119 Vanburen Ct

407-407 SW 8th St

607 NE 3rd Ave

518 W Murray St

516 South St

322 S Madison St
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.

1022 Greenleaf St

2505-2515 15th St

703 W 5th St

812 SW 9th St

708 SW 6th St

605 W 3rd St

1118 Monroe St
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.
Smithshire, IL Local Guide

How much does it cost to rent a home in Smithshire?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smithshire 2 Bedroom Homes for Rent | $957 | $685 | $1,800 |
| Smithshire 3 Bedroom Homes for Rent | $1,353 | $995 | $2,200 |
| Smithshire 4 Bedroom Homes for Rent | $1,809 | $1,295 | $2,750 |
| Smithshire 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Top Homes for Rent in Smithshire
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Smithshire, IL Local Guide
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Cheapest Available Smithshire Apartments for Rent and Nearby
 The cheapest available apartment rental in Smithshire, IL is a Studio unit found at Macomb Rentals priced from $390. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. Here is today’s list of the most affordable Smithshire apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
| Mayfair Manor | 2x1 | 2BR,1BA | $550 |
| Smith and Royer Apartments | 1 Bedroom Side Apartment | 1BR,1BA | $550 |
| Caspian Village Apartments | 2 Bedroom, 1 Bathrom | 2BR,1BA | $625 |
| Welch Hotel Senior Apartments | Studio | Studio,1BA | $650 |
Best Value Apartments for Rent in Smithshire, IL and Nearby
As of July 07, 2026 the best value apartment in the Smithshire area is the $0.85 price per square foot 3 BR / 2 BA Model at Creekside Park in the starting from $1,029. The second greatest value Smithshire apartment is the Blaul Lofts - 208 Model at Blaul Lofts starting at $1,050 with a $1.00 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Smithshire apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| Blaul Lofts | Blaul Lofts - 208 | 2BR,1BA | $1.00 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.86 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| Black Hawk Village | 2 Bedroom | 2BR,1BA | $1.19 |
| School House Apartments | Studio | Studio ,1BA | $1.12 |
| Summer Street Apartments | Apartment 8 | 1BR,1BA | $1.20 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.16 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Smithshire
What type of rentals are currently available in Smithshire?
There are currently 49 Apartments for Rent in Smithshire, IL with pricing that ranges from $390 to $1,900. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithshire ranging from $595 to $2,750.
What is the current price range for Rental Homes in Smithshire?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Smithshire ranges from $595 to $2,750 with an average monthly rent of $1,421.
How much are larger Three and Four Bedroom Rentals in Smithshire?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Smithshire range from $870 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $600.
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

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.

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.

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.