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What to Know About
Life in Smithfield & Beyond
Smithfield shares many of the great qualities that make North Carolina a desirable place to live.
North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.
There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.
With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.
Rental Market Trends
Smithfield, NC
As of July 2025, Smithfield's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Smithfield's average rent is 10.6% ($166) higher than the North Carolina average of $1,562 and 2.6% ($47) lower than the U.S. average of $1,775.
Average Rent
$1,728
Monthly ChangeMonth Over Month Change
5.6% ($92)
Yearly ChangeYear Over Year Change
0.5% ($9)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,184 | 1.8% ($21) | 6.6% ($84) |
| 2 Beds | $1,348 | 0.9% ($12) | 5.6% ($80) |
| 3 Beds | $1,795 | 1.8% ($32) | 2.8% ($49) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Smithfield Rental Market FAQs
Explore rental prices, market trends, and availability in Smithfield, NC.
The average rent in Smithfield, NC is $1,728 per month.
Homes in Smithfield typically rent for between $829 and $2,334 per month, with an average of $1,728 per month.
In Smithfield, the average rent for a 1-bedroom home is $1,184 per month, for a 2-bedroom home, $1,348 per month, and a 3-bedroom home is $1,795 per month.
The average rent in Smithfield is 2.6% ($47) lower than the national average of $1,775 per month.
The average rent in Smithfield has increased by 5.6% ($92) in the last month and increased by 0.5% ($9) over the past year.
The rental market in Smithfield, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Smithfield, NC, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 25 rental properties available in Smithfield, NC.
Based on the current averages, a household would need an annual income of $53,920 to comfortably afford a 2-bedroom home in Smithfield.
