
Cheap Apartments for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fort Smith area of Fort Smith.


2001-2003 S U St

1010 S 19th St, Unit 2

1010 S 19th St, Unit 4

2301 S V St, Unit 6

1101 S 17th St

722-724 S 22nd St
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.

Z Street Apartments

906 S 19th St

Total Monthly Price
Forrest Brook Apartments

209 Lecta Ave

North Village Apartments

Summit Terrace

Sunset Village
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.

1715 Rogers Ave

Tara Gardens

Park Terrace Apartments

The Oak: 1 & 2 Bedroom Apartments

The Belle Grove Apartments

Oakwood Gardens

Magnolia Place
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.

The Grove

303 N 17th St
Downtown Fort Smith, Fort Smith, AR Local Guide

How much does it cost to rent an apartment in Downtown Fort Smith?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fort Smith 1 Bedroom Apartments | $816 | $413 | $1,050 |
| Downtown Fort Smith 2 Bedroom Apartments | $920 | $559 | $1,550 |
| Downtown Fort Smith 3 Bedroom Apartments | $852 | $699 | $945 |
| Downtown Fort Smith 4 Bedroom Apartments | $1,198 | $1,022 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Downtown Fort Smith Neighborhood of Fort Smith, AR.
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Downtown Fort Smith, Fort Smith, AR Local Guide
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Cheapest Available Downtown Fort Smith Apartments for Rent
 The cheapest available apartment rental in the Downtown Fort Smith area of Fort Smith, AR is a 1 Bed unit found at The Oak: 1 & 2 Bedroom Apartments priced from $675. The Belle Grove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oak: 1 & 2 Bedroom Apartments | The Oak 1 Bedroom Unit Type | 1BR,1BA | $675 |
| The Belle Grove Apartments | The Belle Grove 1 Bedroom | 1BR,1BA | $725 |
| Z Street Apartments | 2.1 | 2BR,1BA | $740 |
| The Grove | The Grove Studio | Studio,1BA | $745 |
| Magnolia Place | Magnolia Place 1 Bedroom | 1BR,1BA | $745 |
Best Value Apartments for Rent in Downtown Fort Smith, AR
As of August 09, 2026 the best value apartment in the Downtown Fort Smith area is the $0.77 price per square foot North Pointe I (SF4) Model at CompassRCG Management in the in the Sunnymede neighborhood starting from $1,022. The second greatest value Downtown Fort Smith apartment is the West End Lofts- DEPOSIT ONLY! Give us a call fo... Model at West End Lofts starting at $1,300 with a $1.02 price per square foot in the May Lecta Sweet Historic District neighborhood. Here is today’s list of the best values for Downtown Fort Smith apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| CompassRCG Management | North Pointe I (SF4) | 4BR,2BA | $0.77 |
| West End Lofts | West End Lofts- DEPOSIT ONLY! Give us a call fo... | 2BR,2.5BA | $1.02 |
| Forrest Brook Apartments | Park 2.1 | 2BR,1BA | $0.87 |
| Z Street Apartments | 2.1 | 2BR,1BA | $0.87 |
| 503 N 18th St, Unit Templeton Manor Carriage | 503 N 18th St | 1BR,1BA | $1.19 |
| Magnolia Place | Magnolia Place 1 Bedroom | 1BR,1BA | $1.04 |
| 718 N 18th St, Unit Unit 4 | 718 N 18th St | 2BR,1BA | $1.21 |
| The Bricks at Brunwick | The Gimlet - Upstairs | 1BR,1BA | $1.64 |
| The Oak: 1 & 2 Bedroom Apartments | The Oak 1 Bedroom Unit Type | 1BR,1BA | $1.23 |
| The Belle Grove Apartments | The Belle Grove 1 Bedroom | 1BR,1BA | $1.38 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Fort Smith, Fort Smith, AR
William O. Darby Jr. High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Fort Smith Apartments
What is the price of a cheap apartment in Downtown Fort Smith?
The cheapest apartment in Downtown Fort Smith is The Oak: 1 & 2 Bedroom Apartments which is listed at $675, while the average apartment in Downtown Fort Smith costs $865.
What types of apartments are the cheapest in Downtown 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 8 regular apartments in Downtown Fort Smith that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.