
Cheap Homes for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fort Smith area of Fort Smith.


2301 S V St, Unit 6

1010 S 19th St, Unit 4

1010 S 19th St, Unit 2

301 N 17th St

2101 S V St

1017-1019 S 19th 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.

1117 N 32nd St

303 N 17th St

1611 S Z St

1604 S 25th St

2820 S O St

1612 S P St

320 S 12th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Downtown Fort Smith, Fort Smith, AR Local Guide

How much does it cost to rent a home in Downtown Fort Smith?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fort Smith 2 Bedroom Homes for Rent | $955 | $750 | $1,700 |
| Downtown Fort Smith 3 Bedroom Homes for Rent | $1,467 | $1,100 | $1,750 |
| Downtown Fort Smith 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 TO CORNERSTONE APARTMENTS priced from $595. CompassRCG Management has the second lowest priced unit, which is a 1 Bed apartment currently listed from $609. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| TO CORNERSTONE APARTMENTS | 1BR/1.0BA | 1BR,1BA | $595 |
| CompassRCG Management | COTTAGES (DE) | 1BR,1BA | $609 |
| 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 |
| The Grove | The Grove Studio | Studio,1BA | $745 |
Best Value Apartments for Rent in Downtown Fort Smith, AR
As of September 09, 2026 the best value apartment in the Downtown Fort Smith area is the $1.12 price per square foot 1.1 L Model at West End Lofts in the in the May Lecta Sweet Historic District neighborhood starting from $1,050. The second greatest value Downtown Fort Smith apartment is the 503 N 18th St Model at 503 N 18th St, Unit Templeton Manor Carriage starting at $950 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| West End Lofts | 1.1 L | 1BR,1BA | $1.12 |
| 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 |
| The Bricks at Brunwick | The Gimlet - Downstairs | 1BR,1BA | $1.40 |
| 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 |
| Forrest Brook Apartments | 1.1 | 1BR,1BA | $1.51 |
| TO CORNERSTONE APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.19 |
| CompassRCG Management | COTTAGES (AB) | 1BR,1BA | $1.27 |
| The Grove | The Grove Studio | Studio ,1BA | $1.75 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 Downtown Fort Smith
What type of rentals are currently available in Downtown Fort Smith?
There are currently 74 Apartments for Rent in Downtown Fort Smith, AR with pricing that ranges from $500 to $1,550. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fort Smith ranging from $500 to $1,750.
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 $1,750 with an average monthly rent of $1,169.
How much are larger Three and Four Bedroom Rentals in Downtown Fort Smith?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Fort Smith range from $952 to $1,153, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,285.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

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.