Cheap Apartments for Rent in Smithfield, IL from $300 (27 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Smithfield, IL Local Guide

Cheapest Available Smithfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Smithfield, 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 $525. Here is today’s list of the most affordable Smithfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Mayfair Manor2x12BR,1BA$525
Smith and Royer Apartments1 Bedroom1BR,1BA$650
The Avenue Apartments1B/ 1BA1BR,1BA$650
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$760
Williamsburg TownhousesTwo Bedroom2BR,1BA$785
Hollow Hills1 bedroom1BR,1BA$795
301 N Carole Ave1 Bed 1 Bath1BR,1BA$795
Haymeadow ApartmentsSpringhouse1BR,1BA$799
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$800

Best Value Apartments for Rent in Smithfield, IL and Nearby

As of April 19, 2025 the best value apartment in the Smithfield area is the $1.18 price per square foot 4 bedroom/2 bath/2.5 car garage Model at Rosemary Crossing in the starting from $1,999. The second greatest value Smithfield apartment is the HCIV22FB Model at Hollow Creek IV Apartments starting at $1,300 with a $1.27 price per square foot in the Windchime 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.
Rosemary Crossing4 bedroom/2 bath/2.5 car garage4BR,2BA$1.18
Hollow Creek IV ApartmentsHCIV22FB2BR,2BA$1.27
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.81
Hollow Hills1 bedroom1BR,1BA$0.92
Williamsburg TownhousesTwo Bedroom2BR,1BA$0.98
301 N Carole Ave1 Bed 1 Bath1BR,1BA$0.99
Haymeadow ApartmentsSpringhouse1BR,1BA$1.11
Elm HavenElm Small 1 - 11BR,1BA$1.28
106 S 4th St2 bedroom2BR,1BA$1.21
The Avenue Apartments1B/ 1BA1BR,1BA$1.06

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Getting Around Smithfield, IL

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Smithfield Apartments

What is the Cheapest Studio apartment in Smithfield?

Currently the most affordable Cheap Studio Apartment in Smithfield is at Macomb Rentals listed at $390.

How much is rent for a Cheap One Bedroom Smithfield Apartment?

The lowest price for a Cheap One Bedroom Smithfield Apartment is $510 at Macomb Rentals.

What is the lowest price for a Cheap Two Bedroom Smithfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Smithfield is starting from $450 at Macomb Rentals.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.