Homes & Apartments for Rent in Smithfield, NC

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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 June 2026, Smithfield's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Smithfield's average rent is 5.6% ($83) higher than the North Carolina average of $1,485 and 12.7% ($229) lower than the U.S. average of $1,797.

Average Rent
$1,568
Monthly ChangeMonth Over Month Change
Increased6.5% ($96)
Yearly ChangeYear Over Year Change
Decreased4.2% ($68)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,157 Increased4% ($45) Decreased0.5% ($6)
2 Beds $1,342 Increased4% ($52) Decreased1.3% ($18)
3 Beds $1,681 Decreased1.9% ($32) Decreased4.7% ($82)
Nearby Cities Average Rent Avg. Rent vs. SmithfieldAverage Rent vs. Smithfield Avg. Days on MarketAverage Days on Market
Four Oaks $1,512 Decreased3.6% ($56) 30 days
Selma $1,426 Decreased9.1% ($142) 25 days
Benson $1,090 Decreased30.5% ($478) 27 days
Clayton $1,477 Decreased5.8% ($91) 25 days
Garner $1,525 Decreased2.7% ($43) 28 days
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 $1,568 per month.
Homes in Smithfield typically rent for between $810 and $2,185 per month, with an average of $1,568 per month.
In Smithfield, the average rent for a 1-bedroom home is $1,157 per month, for a 2-bedroom home, $1,342 per month, and a 3-bedroom home is $1,681 per month.
The average rent in Smithfield is 12.7% ($229) lower than the national average of $1,797 per month.
The average rent in Smithfield has increased by 6.5% ($96) in the last month and decreased by 4.2% ($68) 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 9 rental properties available in Smithfield, NC.
Based on the current averages, a household would need an annual income of $53,680 to comfortably afford a 2-bedroom home in Smithfield.
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