Cheap Apartments for Rent in Fort Smith, AR from $300 (150 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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 2000 S U St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

1 Bedroom, 1 Bath Home for Rent

Available Now

2000 S U St, Unit B

2000 S U St
Fort SmithAR72901
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Chapel Ridge Apartments
$825 - $1,030
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,030
Total Monthly Price
$825 - $1,030
1 to 2 Bedroom Apartments Available Jul 14

Chapel Ridge Apartments

7500 Jenny Lind RdFort Smith, AR 72908
Family Friendly
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  • Utilities Included

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
$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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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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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: 06/11/2026

Current apartment rentals in the Fort Smith, AR area range in price from $400 to $7,000 with an overall median price of $1,465. The three Fort Smith neighborhoods with the lowest median rent pricing are May Lecta Sweet Historic District at $500, Mill Creek at $550, and Belle Grove 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$900$50076
Mill Creek$925$55022
Belle Grove$1,022$41363
Downtown Fort Smith$1,022$41339
Fort Smith Northside$1,022$41379
Oak Park$1,022$41312
Sunnymede$1,022$41376
Fianna HIlls$1,750$68536
Cavanaugh$1,899$55035
Fishback Historic District$1,899$50076

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 Apartments 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 Meadows Apartments9801 Meandering Way- Exceptional Quality2BR,1BA$400
The Bluffs @ Central1.1 R1BR,1BA$600
Pike PlaceStandard1BR,1BA$630
Flat Rock Creek Apartments1 bed, 1 bath Newly Remodeled1BR,1BA$650
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$695
The GroveThe Grove 1 Bedroom1BR,1BA$695
Kinkead CornerRenovated Studios1BR,1BA$695

Best Value Apartments for Rent in Fort Smith, AR

As of June 11, 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
Stone Creek Apartments2.22BR,2BA$0.94
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.90
Village Meadows Apartments2.12BR,1BA$0.94
Aspen Heights2 Bed, 1.5 Bath2BR,1.5BA$0.91
2006 Williams St, Unit Unit32006 Williams St2BR,1BA$0.78
Flat Rock Creek Apartments1 bed, 1 bath Newly Remodeled1BR,1BA$0.87
Mayfair Apartments1x11BR,1BA$0.90
Lakeside Townhomes1.1 Rehab1BR,1BA$0.95

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 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 Bluffs @ Central which is listed at $600, while the average apartment in Fort Smith costs $1,465.

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 78 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 $994 which is $471 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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.