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Houses for Rent in Smithfield, VA

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What to Know About

Life in Smithfield & Beyond

Smithfield shares many of the great qualities that make Virginia a desirable place to live.

Virginia, where history and modernity seamlessly merge, is home to some of the most significant historical sites in the country. Take a trip back in time and explore the Colonial Williamsburg living history museum, which transports visitors to the 18th century, or wander through the cobblestone streets of Old Town Alexandria. Major universities in Virginia, like the University of Virginia and Virginia Tech, are renowned for their academic excellence. In addition, the state's diverse and growing economy, supported by thriving technology, agriculture, and tourism industries, offers ample employment opportunities.

Outdoor enthusiasts can enjoy a wide range of activities, including hiking and camping in the Blue Ridge Mountains, fishing and boating in the Chesapeake Bay, and skiing in the winter. Sports fans will be thrilled with the exciting college sports games, and families will love visiting famous attractions like the Virginia Beach Boardwalk and the Natural Bridge.

With its stunning natural landscapes, deep historical roots, and thriving economy, Virginia is a great place to live for those who appreciate the unique charm and heritage of the south.

Rental Market Trends

Smithfield, VA

As of November 2026, Smithfield's rental market is highly competitive, with rentals spending about 22 days on the market, faster than in Virginia (30), and rents up 3.8% over the past year. Smithfield's average rent is 23.6% ($451) higher than the Virginia average of $1,910 and 16.0% ($325) higher than the U.S. average of $2,036.

Average Rent
$2,361
Monthly ChangeMonth Over Month Change
Increased0.07% ($2)
Yearly ChangeYear Over Year Change
Increased3.8% ($86)
Days on Market
22
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,559 Increased0.48% ($7) Increased2.3% ($35)
2 Beds $1,843 Increased0.15% ($3) Increased2.7% ($48)
3 Beds $2,345 Increased0.03% ($1) Increased4.3% ($97)
Nearby Cities Average Rent Avg. Rent vs. SmithfieldAverage Rent vs. Smithfield Days on Market
Carrollton $2,014 Decreased14.7% ($347) 23 days
Newport News $1,681 Decreased28.8% ($680) 28 days
Yorktown $2,144 Decreased9.2% ($217) 21 days
Suffolk $2,152 Decreased8.9% ($209) 27 days
Hampton $1,922 Decreased18.6% ($439) 22 days
Based on rentals advertised on RentalSource in and around Smithfield.
Frequently Asked Questions
Smithfield Rental Market FAQs

Explore rental prices, market conditions, and affordability in Smithfield, VA.

The average rent in Smithfield, VA is about $2,361 per month.
In Smithfield, the average rent is about $1,559 per month for a 1-bedroom house, about $1,843 for a 2-bedroom house and about $2,345 for a 3-bedroom house.
The average rent in Smithfield is 16% ($325) higher than the national average of $2,036 per month.
The rental market in Smithfield, VA is currently highly competitive, with rentals spending about 22 days on the market, faster than in Virginia (30), and rents up 3.8% over the past year.
Based on the current averages, a household would need an annual income of about $73,700 to comfortably afford a 2-bedroom house in Smithfield.
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