Cheap Homes for Rent in Smithton, IL from $700 (14 Rentals)

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

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.

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

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 ListingModel NameBed/BathPriced From
Cottonwood Village1 Bed, 1 bath1BR,1BA$695
Brookside Apartments1 Bedroom Main Street1BR,1BA$730
Parsons Place Apartments2 Bedroom Tax Credit***2BR,1BA$801
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Trolley CircleOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Carol AnnCarol Ann C13BR,2.5BA$1.24
Storyboard on HaydenHayden B12BR,2.5BA$1.08
Storyboard on Park EntrancePark Entrance B12BR,2BA$1.15
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.18
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Ben Louis Apartments2 Beds, 1 bath2BR,1BA$0.95
54 Ben Louis Dr2 Beds, 1 bath2BR,1BA$1.22
Trolley CircleOne Bedroom1BR,1BA$1.24
Brookside Apartments1 Bedroom Updated Main Street1BR,1BA$1.30
Cottonwood Village1 Bed, 1 bath1BR,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.

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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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The 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.

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Cash 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.