Cheap Apartments for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $350 (40 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

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property at 1114 N 35th St
$750
1 Bedroom, 1 Bath Home for Rent
Available Now

1114 N 35th St

Fort SmithAR72904
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Lofts on Park
Rent Specials
$855 - $955

Total Monthly Price

Base Rent$855 - $955

Total Monthly Price$855 - $955
1 to 2 Bedroom Apartments Available Now

Lofts on Park

3600 Kinkead AveFort Smith, AR 72903
Corporate 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
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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
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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

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The Grove
Studio to 2 Bedroom Apartments

The Grove

3601 Barry AveFort Smith, AR 72903
  • Utilities Included
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The Azalea
1 to 2 Bedroom Apartments

The Azalea

2322 S I StFort Smith, AR 72901
  • Utilities Included

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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 1 Bed unit found at TO CORNERSTONE APARTMENTS priced from $595. Twin Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:

Apartment ListingModel NameBed/BathPriced From
TO CORNERSTONE APARTMENTS1BR/1.0BA1BR, 1BA$595
Twin Oak Apartments1BR/1.0BA1BR, 1BA$600
CompassRCG ManagementCOTTAGES (DE)1BR, 1BA$609
Belle Grove Schoolhouse ApartmentsCorner StudioStudio, 1BA$650
The Bricks at BrunwickThe Gimlet - Upstairs1BR, 1BA$675
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR, 1BA$725
The GroveThe Grove StudioStudio, 1BA$745
Magnolia PlaceMagnolia Place 1 Bedroom1BR, 1BA$745
Forrest Brook Apartments1.11BR, 1BA$790
The Oak: 1 & 2 Bedroom Apartments2BR/1.0BA2BR, 1BA$795

Best Value Apartments for Rent in Downtown Fort Smith, AR

As of September 23, 2026 the best value apartment in the Downtown Fort Smith area is the $1.19 price per square foot 503 N 18th St Model at 503 N 18th St, Unit Templeton Manor Carriage in the Sunnymede neighborhood starting from $950. The second greatest value Downtown Fort Smith apartment is the 2BR/1.0BA Model at The Oak: 1 & 2 Bedroom Apartments in the Sunnymede neighborhood starting at $795 with a $1.06 price per square foot. 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.
503 N 18th St, Unit Templeton Manor Carriage503 N 18th St1BR, 1BA$1.19
The Oak: 1 & 2 Bedroom Apartments2BR/1.0BA2BR, 1BA$1.06
Lofts on Park1.11BR, 1BA$1.15
Magnolia PlaceMagnolia Place 1 Bedroom1BR, 1BA$1.04
The Bricks at BrunwickThe Gimlet - Downstairs1BR, 1BA$1.22
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR, 1BA$1.38
Forrest Brook Apartments1.1 R1BR, 1BA$1.60
TO CORNERSTONE APARTMENTS1BR/1.0BA1BR, 1BA$1.19
CompassRCG ManagementCOTTAGES (AB)1BR, 1BA$1.27
Twin Oak Apartments1BR/1.0BA1BR, 1BA$1.41

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 TO CORNERSTONE APARTMENTS which is listed at $595, while the average apartment in Downtown Fort Smith costs $840.

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 19 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 $697 which is $143 cheaper than the average rent for all rentals in Downtown 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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Rent According to Income: A Look at Income-Restricted Rentals

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.