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.

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Aspen Heights
$595 - $835
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $835
Total Monthly Price
$595 - $835
1 to 2 Bedroom Apartments Available Now

Aspen Heights

5801 Kinkead AveFort Smith, AR 72903
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Flats @ 5900
$650 - $965
Total Monthly Price

Total Monthly Price

Base Rent
$650 - $965
Total Monthly Price
$650 - $965
1 to 3 Bedroom Apartments Available Now

The Flats @ 5900

5900 Kinkead AveFort Smith, AR 72903
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  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Village Meadows
$760 - $860
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $860
Total Monthly Price
$760 - $860
1 to 2 Bedroom Apartments Available Now

Village Meadows

9801 Meandering WayFort Smith, AR 72903
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  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lofts on Park
$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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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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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: 07/26/2026

Current apartment rentals in the Fort Smith, AR area range in price from $500 to $4,350 with an overall median price of $2,045. The three Fort Smith neighborhoods with the lowest median rent pricing are Oak Park at $925, Downtown Fort Smith at $500, and Fianna HIlls at $1,100. 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
Oak Park$1,250$9251
Downtown Fort Smith$1,295$50016
Fianna HIlls$1,450$1,1006
Cavanaugh$1,675$8758
Fishback Historic District$1,699$50026
Fort Smith Eastside$1,699$69547
Fort Smith Northside$1,699$50025
Fort Smith Southside$1,699$50023
May Lecta Sweet Historic District$1,699$50024
Sunnymede$1,699$50020

Cheapest Available Fort Smith Apartments for Rent

 

The cheapest available apartment rental in Fort Smith, AR is a 1 Bed unit found at Phoenix Village in the Cavanaugh neighborhood priced from $550. Aspen Heights in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Fort Smith apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix VillageStudio1BR,1BA$550
Aspen HeightsSTUDIO (GOLDEN)1BR,1BA$595
The Bluffs @ Central1.1 R1BR,1BA$600
Pike PlaceStandard1BR,1BA$630
The Flats @ 59001.1S Reno1BR,1BA$650
The Hendrix1.11BR,1BA$675
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Kinkead CornerRenovated Studios1BR,1BA$695

Best Value Apartments for Rent in Fort Smith, AR

As of July 26, 2026 the best value apartment in the Fort Smith area is the $0.32 price per square foot Bedroom D Model at University Park Place in the in the Sunnymede neighborhood starting from $599. 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 D1BR,1BA$0.32
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Flat Rock Creek Apartments2 bed 1 bath Flat Rock Creek2BR,1BA$0.80
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Southbrook Apartments2BR/2.0BA2BR,2BA$0.83
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.90
The Fairway At Fianna Hills$800 Move-In Special2BR,1BA$0.90
Z Street Apartments2.12BR,1BA$0.87
Livin' Lakeside!1.1 Deluxe1BR,1BA$0.89
Mayfair Apartments1x11BR,1BA$0.90

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Frequently Asked Questions about Cheap Fort Smith Apartments

What is the Cheapest Studio apartment in Fort Smith?

Currently the most affordable Cheap Studio Apartment in Fort Smith is at The Grove listed at $745.

How much is rent for a Cheap One Bedroom Fort Smith Apartment?

The lowest price for a Cheap One Bedroom Fort Smith Apartment is $550 at Phoenix Village.

What is the lowest price for a Cheap Two Bedroom Fort Smith Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fort Smith is starting from $700 at Pike Place.

What is the most affordable Fort Smith Three Bedroom Apartment?

The best deal on a cheap Fort Smith Three Bedroom Apartment rental is at CompassRCG Management and starts from $912.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.