$1,950 Per Month
- 4 Beds
- 6 Baths
- 2,134 Sq Ft
- House for Rent
214 N Finley Landing Pkwy, Smithfield, NC 27577
214 N Finley Landing Pkwy, Smithfield, NC 27577
Frequently Asked Questions
How much does it cost to rent a home in Smithfield, NC?
The median rent for a home in Smithfield, NC is $1,700 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Smithfield, NC?
To comfortably afford the median rent in Smithfield, NC, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Smithfield, NC, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Smithfield, NC?
In Smithfield, NC, the price-to-rent ratio is 16.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Smithfield, NC are best for renting a home?
The best neighborhood for renting in Smithfield, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Ingrams, Pleasant Grove, Shotwell, White Oak and South Raleigh, each with its own character and price range.
