Rent to own Homes in Smithfield, VA

Smithfield, VA is a great place for affordable rent-to-own homes! With a median household income of over $83,977 and a median rent of $995, the Smithfield, VA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Smithfield, VA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Smithfield, VA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
84 MANLY ST
Rent To Own
 
Single Family Home
Portsmouth, VA 23702
3
1
960 ft2
1948
2812 HOGGES END LN
Rent To Own
 
Single Family Home
Hayes, VA 23072
3
1
1190 ft2
1835
Hot
417 E RANDALL AVE
Rent To Own
Northside
Single Family Home
Norfolk, VA 23503
3
1
1190 ft2
1950
216 E MAIN ST
Rent To Own
 
Single Family Home
Waverly, VA 23890
5
4
2683 ft2
1932
210 CARY ST
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
2
1680 ft2
1945
100 MARINERS CT
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
4
2465 ft2
1990
404 EVERGREEN WAY
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
4
2439 ft2
2001
107 WATCH HARBOUR CIR
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
3
2836 ft2
1992
209 SAINT ANDREWS
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
3
2856 ft2
2022
12068 NIKE PARK RD
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
2
1464 ft2
2010
37 RIVERSIDE DR
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
3
2351 ft2
1986
208 MARINERS CIR
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
4
4424 ft2
1996
108 MARINERS CIR
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
3
3608 ft2
1999
1 of 31 16336 SMITHFIELD HEIGHTS DR
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
3
2483 ft2
2006
120 SPRING GROVE WAY
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
4
1898 ft2
2021
21139 REYNOLDS DR
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
3
2
2233 ft2
1928
503 JUNIPER CT
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
3
2271 ft2
2004
1 of 22 258 BOWLER WAY
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
3
1749 ft2
2022
217 KENNY LN
Rent to Own Eligible
 
Townhouse/Condo
Smithfield, VA 23430
3
3
2254 ft2
2020
8424 TORMENTORS LN
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
3
3
2676 ft2
1890
New
22421 JAMES RIVER DR
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
4
4
2661 ft2
2022
13254 BEACON HILL WAY
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
5
3
2807 ft2
2014
Hot
21159 LANKFORD LN
Rent to Own Eligible
 
Single Family Home
Smithfield, VA 23430
4
2
2043 ft2
1969
311 LIGHTHOUSE WAY
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
3
2
1633 ft2
2006
1 of 55 111 PARKERS RDG
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
5
5
3850 ft2
New
209 ARLINGTON PL
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
5
5
2936 ft2
2013
902 FOUNDERS POINTE TRL
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
4
4
3055 ft2
2020
1 of 14 24758 SEAGULL VIEW LN
Rent to Own Eligible
 
Single Family Home
Carrollton, VA 23314
3
3
1392 ft2
1972
124 STAGE RD
Rent to Own Eligible
Hiddenwood
Single Family Home
Newport News, VA 23606
4
3
2547 ft2
1972
811 RIVERSIDE DR
Rent to Own Eligible
Riverside
Single Family Home
Newport News, VA 23606
3
3
3536 ft2
1949
112 PARKWAY DR
Rent to Own Eligible
Riverside
Single Family Home
Newport News, VA 23606
3
3
3156 ft2
1961
624 BURCHER RD
Rent to Own Eligible
Deep Creek
Single Family Home
Newport News, VA 23606
2
3
3065 ft2
1987
28 WHITS CT
Rent to Own Eligible
Deep Creek
Single Family Home
Newport News, VA 23606
3
3
2422 ft2
1964
2000 FAIRWAY DR
Rent to Own Eligible
Chuckatuck
Single Family Home
Suffolk, VA 23433
3
3
2766 ft2
1968
New
1 of 54 313 DOGWOOD DR
Rent to Own Eligible
Riverside
Single Family Home
Newport News, VA 23606
3
3
2204 ft2
1959
9184 WIGNEIL ST
Rent to Own Eligible
Chuckatuck
Single Family Home
Suffolk, VA 23433
4
3
3183 ft2
1986
1 of 37 46 ISLAND VIEW DR
Rent to Own Eligible
Riverview
Single Family Home
Newport News, VA 23602
4
3
2396 ft2
2001
New
310 LONGWOOD DR
Rent to Own Eligible
Riverside
Single Family Home
Newport News, VA 23606
3
2
1975 ft2
1955
5 WILLIS DR
Rent to Own Eligible
Deep Creek
Single Family Home
Newport News, VA 23606
3
2
2244 ft2
1963
109 LESLIE DR
Rent to Own Eligible
Christopher Newport
Single Family Home
Newport News, VA 23606
4
3
2700 ft2
1965
1 of 54 5 CAMERON DR
Rent to Own Eligible
Deep Creek
Single Family Home
Newport News, VA 23606
4
2
1963 ft2
1961
New
125 SADDLE DR
Rent to Own Eligible
Charles
Single Family Home
Newport News, VA 23602
3
3
1528 ft2
1992
137 DEEP CREEK RD
Rent to Own Eligible
Deep Creek
Single Family Home
Newport News, VA 23606
3
1
1314 ft2
1954
300 MILSTEAD RD
Rent to Own Eligible
Yates
Single Family Home
Newport News, VA 23606
4
3
2385 ft2
1960
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Popular Zip Codes in Smithfield, VA

23431 rent to own homes

Buying a Home in Smithfield, VA

Smithfield, VA is seeing rapid growth and Smithfield, VA's' housing market remains not optimal with an average home price that is 38% above the 2024 national average. Smithfield, VA is part of Isle of Wight county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Isle of Wight is 0.5% which is below the national average, which is 0.99%.

Median Home Price in Smithfield, VA

Median Rent in Smithfield, VA

Rent to own homes offer low monthly payments and flexible terms.