Updated 5+ Days Ago
Highlights
- Stunning views
- Exceptional waterfront lifestyle
Location
108 Commerce St, Smithfield, VA 23430, USA
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Property Overview
Stunning views and an exceptional waterfront lifestyle define this address, creating a standout setting with strong scenic appeal. It also ranks in the 85.71 percentile for value per square foot compared with other properties in the area, adding notable pricing strength.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Fireplace
Great for
Pet owners
Amenities for 108 Commerce St
Features
| Central Air | Fireplace |
| Heat Pump | Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Roof Type: Shingle |
Grounds
| Garage Parking | Storage |
Other
| Zoned |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 108 Commerce St
Property Status: Active Rare opportunity to lease a riverfront townhome in the Historic Downtown Smithfield Waterfront District. A standout feature is the private floating dock with two deep-water boat slips, capable of accommodating up to a 70' yacht, making this an ideal option for boating enthusiasts. This property offers stunning views of the Pagan River and an exceptional waterfront lifestyle. The home features an open-concept main living area filled with natural light and expansive water views. The kitchen includes stainless steel appliances and ample storage. Enjoy the convenience of walkable and golf-cart-friendly living, just steps from downtown restaurants, shops, farmers markets, and community events. Riverfront rentals in this location are extremely rare-do not miss this unique leasing opportunity. Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 108 Commerce St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 1370 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- Lacks images
- Fewer than 10 photos available for this location
Address details
| Zip code | 23430 |
|---|---|
| Type | House for rent |
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Rent trends in Smithfield
3-bedroom apartments at 108 Commerce St cost about 18% more than the average rent price for 3-bedroom apartments in Smithfield.
Median rents as of Jul 11 2026.
Smithfield
| Month | Median Rent |
|---|---|
| July 2024 | $2,395 |
| August 2024 | $2,469 |
| September 2024 | $2,268 |
| October 2024 | $2,102 |
| November 2024 | $2,035 |
| December 2024 | $2,587 |
| January 2025 | $2,600 |
| February 2025 | $2,504 |
| March 2025 | $2,429 |
| April 2025 | $2,408 |
| May 2025 | $2,240 |
| June 2025 | $2,181 |
| July 2025 | $2,066 |
| August 2025 | $2,020 |
| September 2025 | $2,146 |
| October 2025 | $2,349 |
| November 2025 | $2,139 |
| December 2025 | $2,200 |
| January 2026 | $2,531 |
| February 2026 | $2,391 |
| March 2026 | $2,595 |
| April 2026 | $2,685 |
| May 2026 | $2,677 |
| June 2026 | $2,565 |
| July 2026 | $2,519 |
Affordability calculator
Can I afford to live at 108 Commerce St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$119,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $119,800 annually to afford this 3-bedrooms monthly rent price of $2,995.
For more information on rent affordability, visit our rent calculator.
Schools near 108 Commerce St
Westside Elementary School
800 main st
smithfield, VA, 23430
4-6Public
B
Hardy Elementary School
9311 hardy cir
smithfield, VA, 23430
PK, K-4Public
B
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Internet available near 108 Commerce St
Getting around Smithfield near 108 Commerce St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 108 Commerce St, Smithfield
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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