Cheap Apartments for Rent in Fort Smith, AR from $300 (153 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fort Smith.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lofts on Park
Rent Specials
$855 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,550
Total Monthly Price
$855 - $1,550
1 to 2 Bedroom Apartments Available Now

Lofts on Park

3600 Kinkead AveFort Smith, AR 72903
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fort Smith, AR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Fort Smith, AR

Pricing Updated: 04/27/2026

Current apartment rentals in the Fort Smith, AR area range in price from $400 to $7,000 with an overall median price of $1,396. The three Fort Smith neighborhoods with the lowest median rent pricing are May Lecta Sweet Historic District at $570, Belle Grove at $413, and Downtown Fort Smith at $413. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fort Smith Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
May Lecta Sweet Historic District$965$57082
Belle Grove$1,022$41361
Downtown Fort Smith$1,022$41332
Fort Smith Northside$1,022$41386
Oak Park$1,022$41313
Sunnymede$1,022$41384
Mill Creek$1,325$57023
Fishback Historic District$1,599$57084
Fort Smith Southside$1,599$57073
Hillcrest$1,599$57074

Cheapest Available Fort Smith Apartments for Rent

 

The cheapest available apartment rental in Fort Smith, AR is a 2 Beds unit found at Village Meadows in the Massard neighborhood priced from $400. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Fort Smith apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The Bluffs @ Central1.1 R1BR,1BA$600
The Flats @ 59001.1S Reno1BR,1BA$600
Greystone Apartments1x11BR,1BA$625
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$650
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$695
"The Grove" One & Two Bedroom ApartmentsThe Grove 1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Fort Smith, AR

As of April 27, 2026 the best value apartment in the Fort Smith area is the $0.29 price per square foot Bedroom C Model at University Park Place in the in the Sunnymede neighborhood starting from $550. The second greatest value Fort Smith apartment is the North Pointe I (SF4) Model at CompassRCG Management starting at $1,022 with a $0.77 price per square foot in the Sunnymede neighborhood. Here is today’s list of the best values for Fort Smith apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Park PlaceBedroom C1BR,1BA$0.29
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Aspen Heights3 Bed, 2 Bath (Silver)3BR,2BA$0.80
N 47th Apartments2 Bed / 2 Bath2BR,2BA$0.74
Addison Place Apartments2X22BR,2BA$0.92
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Z Street Apartments2.12BR,1BA$0.87
2006 Williams St, Unit Unit32006 Williams St2BR,1BA$0.78
Mayfair Apartments1x11BR,1BA$0.90
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$0.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Fort Smith Overview

Known as the second-largest city in the proud state of Arkansas, Ft. Smith dates back to the early 1800s. Currently home to close to 100K residents, Ft. Smith apartments for rent offer a wide array of opportunity to an abundance of lifestyles and budgets.

Why live in Fort Smith, AR?

"A welcoming slice of midwestern life matched only by its close proximity to much natural beauty, Ft. Smith apartments for rent are a fantastic way to connect with all that Arkansas has to offer. Lauded by 'Forbes' as being one of the 'lowest costs of living in the nation', rentals in Ft. Smith offer much in the way of convenience and affordability. Currently ranked sixth in ""Cities in America for Cost of Doing Business"", Arkansas residents living in Ft. Smith apartments enjoy a world of options at their fingertips for both work and play."

Fort Smith, AR
Population: 87,845

Ranked #379

in US Census Population by City

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Pet Friendly Lifestyle

Ranked #

Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Fort Smith, AR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fort Smith, AR Rentals by Map

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Frequently Asked Questions about Cheap Fort Smith Apartments

What is a cheap apartment in Fort Smith?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fort Smith is under $695.

What is the price of a cheap apartment in Fort Smith?

The cheapest apartment in Fort Smith is The Flats @ 5900 which is listed at $600, while the average apartment in Fort Smith costs $1,396.

What types of apartments are the cheapest in Fort Smith?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 183 regular apartments in Fort Smith that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fort Smith?

Cheap apartments in Fort Smith have an average cost of $588 which is $808 cheaper than the average rent for all rentals in Fort Smith.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.