Cheap Apartments for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $300 (23 Rentals)

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

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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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

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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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living
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Oakwood Gardens
1 to 2 Bedroom Apartments

Oakwood Gardens

3500 S N StFort Smith, AR 72903
  • Utilities Included
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Magnolia Place
1 to 2 Bedroom Apartments

Magnolia Place

802 S 25th StFort Smith, AR 72901

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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The Grove
Studio to 2 Bedroom Apartments

The Grove

3601 Barry AveFort Smith, AR 72903
  • Utilities Included

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 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 ListingModel NameBed/BathPriced From
The Oak: 1 & 2 Bedroom ApartmentsThe Oak 1 Bedroom Unit Type1BR,1BA$675
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,1BA$725
Z Street Apartments2.12BR,1BA$740
The GroveThe Grove StudioStudio,1BA$745
Magnolia PlaceMagnolia Place 1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
West End LoftsWest End Lofts- DEPOSIT ONLY! Give us a call fo...2BR,2.5BA$1.02
Forrest Brook ApartmentsPark 2.12BR,1BA$0.87
Z Street Apartments2.12BR,1BA$0.87
503 N 18th St, Unit Templeton Manor Carriage503 N 18th St1BR,1BA$1.19
Magnolia PlaceMagnolia Place 1 Bedroom1BR,1BA$1.04
718 N 18th St, Unit Unit 4718 N 18th St2BR,1BA$1.21
The Bricks at BrunwickThe Gimlet - Upstairs1BR,1BA$1.64
The Oak: 1 & 2 Bedroom ApartmentsThe Oak 1 Bedroom Unit Type1BR,1BA$1.23
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,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.

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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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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

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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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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.

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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.