Cheap Apartments for Rent in Smithfield, VA

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Apartments For Rent Near Smithfield, VA

We found 30 more apartments matching your filters just outside Smithfield

Average Rent Trends in Smithfield, VA

Rent in Smithfield, VA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Dec 2025$1,961
Jan 2026$1,995
Feb 2026$2,000
Mar 2026$2,595
Apr 2026$2,595
May 2026$2,600
Jun 2026$2,000
Jul 2026$1,900
Aug 2026$2,000
Sep 2026$2,700
Oct 2026$2,600
Nov 2026$2,250
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Average Rent By Bedroom and Home Type

In November 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,299$1,275$1,850$2,700$1,850
Townhomes——$2,700—$2,700
Apartments and Condos$1,299$1,275$2,600—$1,900
Houses——$1,850$2,700$1,850

Frequently Asked Questions about Rentals in Smithfield, VA

  • What is the average rent of an apartment in Smithfield, VA?
    The average rent of an apartment in Smithfield, VA is $1,600 per month. This is about 17% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Smithfield, VA?
    Last year, the cheapest month to find an apartment to rent was Aug 2025 when it was $1,925 per month.
  • How many cheap apartments are available in Smithfield, VA?
    There are 2 apartments to rent that are cheaper than the city’s average rent of $1,850.
  • When is the average rent most expensive in Smithfield, VA?
    In the last year, the average rent in Smithfield, VA was highest in Mar 2025 when it was $2,789 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Smithfield, VA?
    The average rent of a 1 bedroom apartment in Smithfield, VA is $1,299 per month. That is about $601 less than the cost of a studio apartment.
  • What are some zip codes in Smithfield, VA?
    Smithfield, VA includes zip codes such as: 23430, 23304, 23431.
  • What are some cities near Smithfield, VA?
    Some nearby cities include: Rescue, Carrollton, Newport News, Surry, Elberon. These cities may have more rental options to explore.