Cheap Apartments for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $300 (20 Rentals)

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

property at 1907 S H St

1907 S H St

Fort SmithAR72901

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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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Summit Terrace
1 to 2 Bedroom Apartments

Summit Terrace

1501 N 37th StFort Smith, AR 72904
  • Utilities Included
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Sunset Village
Studio to 2 Bedroom Apartments

Sunset Village

1100 S 11th StFort Smith, AR 72901
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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living

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Downtown Fort Smith, Fort Smith, AR Local Guide

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 Studio unit found at "The Grove" One & Two Bedroom Apartments priced from $675. "The Belle Grove" One Bedroom Apartments (Wifi Included) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:

Apartment ListingModel NameBed/BathPriced From
"The Grove" One & Two Bedroom ApartmentsThe Grove StudioStudio,1BA$675
"The Belle Grove" One Bedroom Apartments (Wifi Included)The Belle Grove 1 Bedroom1BR,1BA$700
The Bricks at BrunwickThe Gimlet - Downstairs1BR,1BA$850
Magnolia Place: 1 & 2 Bedroom ApartmentsMagnolia Place 2 Bedroom2BR,1BA$850
Lofts on Park1 bedroom-LOWER1BR,1BA$855

Best Value Apartments for Rent in Downtown Fort Smith, AR

As of December 05, 2025 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 Lofts Model at Uptown starting at $1,500 with a $1.19 price per square foot in the Sunnymede neighborhood. Here is today’s list of the best values for Downtown Fort Smith apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
UptownLofts1BR,1BA$1.19
Magnolia Place: 1 & 2 Bedroom ApartmentsMagnolia Place 2 Bedroom2BR,1.5BA$0.93
718 N 18th St, Unit Unit4718 N 18th St2BR,1BA$0.94
Lofts on Park1 bedroom-LOWER1BR,1BA$1.15
The Bricks at BrunwickThe Manhattan - Downstairs1BR,1BA$1.42
"The Belle Grove" One Bedroom Apartments (Wifi Included)The Belle Grove 1 Bedroom1BR,1BA$1.33
"The Grove" One & Two Bedroom ApartmentsThe Grove StudioStudio ,1BA$1.59

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

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Downtown Fort Smith, Fort Smith, AR

Ranked #14

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Downtown Fort Smith Neighborhood in Fort Smith, AR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

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 Belle Grove" One Bedroom Apartments (Wifi Included) which is listed at $700, while the average apartment in Downtown Fort Smith costs $1,022.

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 4 regular apartments in Downtown 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 Downtown Fort Smith?

Cheap apartments in Downtown Fort Smith have an average cost of $830 which is $192 cheaper than the average rent for all rentals in Downtown Fort Smith.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.