
Cheap Homes for Rent in Smithton, IL from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Smithton.


229 S Church St

603 W Lincoln St

22 Yorkshire Ln

122 Ashley Dr

4516 W Main St

221 Lebanon Ave
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.

1816 N 16th St

311 S Church St

2315 Richland Prairie Blvd

822 Arthur St

614 W Monroe St

939 Green Mt Ln

308 Biggs Dr
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.
Smithton, IL Local Guide

How much does it cost to rent a home in Smithton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smithton 2 Bedroom Homes for Rent | $1,303 | $850 | $1,850 |
| Smithton 3 Bedroom Homes for Rent | $1,618 | $1,275 | $2,000 |
| Smithton 4 Bedroom Homes for Rent | $2,586 | $1,550 | $3,200 |
| Smithton 5 Bedroom Homes for Rent | $3,550 | $3,550 | $3,550 |
Browse Top Homes for Rent in Smithton
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Smithton, IL Local Guide
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Cheapest Available Smithton Apartments for Rent and Nearby
 The cheapest available apartment rental in Smithton, IL is a 1 Bed unit found at Cottonwood Village in the Marina Villa neighborhood priced from $695. Brookside Apartments in the Sullivan Manors neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Smithton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $695 |
| Brookside Apartments | 1 Bedroom Main Street | 1BR,1BA | $730 |
| Parsons Place Apartments | 2 Bedroom Tax Credit*** | 2BR,1BA | $801 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| Trolley Circle | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Smithton, IL and Nearby
As of April 27, 2026 the best value apartment in the Smithton area is the $1.24 price per square foot Carol Ann C1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $2,235. The second greatest value Smithton apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,350 with a $1.08 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Smithton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Carol Ann | Carol Ann C1 | 3BR,2.5BA | $1.24 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.08 |
| Storyboard on Park Entrance | Park Entrance B1 | 2BR,2BA | $1.15 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.18 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Ben Louis Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.95 |
| 54 Ben Louis Dr | 2 Beds, 1 bath | 2BR,1BA | $1.22 |
| Trolley Circle | One Bedroom | 1BR,1BA | $1.24 |
| Brookside Apartments | 1 Bedroom Updated Main Street | 1BR,1BA | $1.30 |
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $1.24 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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!
Explore Smithton, IL Rentals by Map
See the most popular apartments and homes in Smithton, IL
Frequently Asked Questions about Smithton
What type of rentals are currently available in Smithton?
There are currently 50 Apartments for Rent in Smithton, IL with pricing that ranges from $610 to $2,745. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smithton ranging from $700 to $3,550.
What is the current price range for Rental Homes in Smithton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Smithton ranges from $700 to $3,550 with an average monthly rent of $1,977.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.