Cheap Homes for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $500 (5 Rentals)

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Search the lowest-cost Homes 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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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 Belle Grove Apartments priced from $725. Z Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $740. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:

Apartment ListingModel NameBed/BathPriced From
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,1BA$725
Z Street Apartments2.12BR,1BA$740
The GroveThe Grove StudioStudio,1BA$745

Best Value Apartments for Rent in Downtown Fort Smith, AR

As of July 26, 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 Apartments2.1.52BR,1.5BA$0.95
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 4718 N 18th St2BR,1BA$1.29
The Bricks at BrunwickThe Gimlet - Downstairs1BR,1BA$1.68
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,1BA$1.38
1714 1/2 S 28th St, Unit 1714 S 28th Street, FS1714 1/2 S 28th St1BR,1BA$1.15

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 Downtown Fort Smith

What type of rentals are currently available in Downtown Fort Smith?

There are currently 76 Apartments for Rent in Downtown Fort Smith, AR with pricing that ranges from $413 to $1,550. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fort Smith ranging from $500 to $1,700.

What is the current price range for Rental Homes in Downtown Fort Smith?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Fort Smith ranges from $500 to $1,700 with an average monthly rent of $891.

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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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.

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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.