Cheap Apartments for Rent in Smithfield, IL from $300 (26 Rentals)

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Cheap Apartments in Smithfield.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
  • Utilities Included

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.

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2604 Pine St
1 Bedroom Apartments

2604 Pine St

2604 Pine StPekin, IL 61554
  • Utilities Included

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
8710 W Main StStudioStudio,1BA$600
Smith and Royer Apartments1 Bedroom1BR,1BA$650
The Avenue Apartments1B/ 1BA1BR,1BA$650
Hollow HillsStudioStudio,1BA$700
Williamsburg TownhousesTwo Bedroom2BR,1BA$785
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$800
106 S 4th St2 bedroom2BR,1BA$800
Westporte ApartmentsWP1B1BR,1BA$880

Best Value Apartments for Rent in Smithfield, IL and Nearby

As of May 04, 2025 the best value apartment in the Smithfield area is the $1.27 price per square foot HCIV22FB Model at Hollow Creek IV Apartments in the in the Windchime neighborhood starting from $1,300. The second greatest value Smithfield apartment is the 2 Bedroom w Balcony Model at Frostwood Apartments starting at $1,450 with a $1.41 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.
Hollow Creek IV ApartmentsHCIV22FB2BR,2BA$1.27
Frostwood Apartments2 Bedroom w Balcony2BR,2BA$1.41
Dunlap Falls ApartmentsHudson2BR,2BA$1.34
Haymeadow ApartmentsFarmstead2BR,1BA$1.10
Williamsburg TownhousesTwo Bedroom2BR,1BA$0.98
Elm HavenElm Small 1 - 11BR,1BA$1.28
106 S 4th St2 bedroom2BR,1BA$1.21
Hollow HillsStudioStudio ,1BA$1.08
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$1.34

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

Explore Smithfield, IL Rentals by Map

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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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.