Cheap Homes for Rent in Fort Smith, AR from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Fort Smith.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
property at 3612 Barry Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

3612 Barry Ave, Unit 1, Unit 1

3612 Barry Ave
Fort SmithAR72903
property at 1306 N 34th St

$1,025

3 Bedroom, 1 Bath Home for Rent

Available Now

1306 N 34th St

Fort SmithAR72904
property at 718 N 18th St

$1,050

3 Bedroom Rentals

Available Now

718 N 18th St

Fort SmithAR72901

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 2705 Vicksburg St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 2 Bath Home for Rent

Available Now

2705 Vicksburg St

Fort SmithAR72901
Showing Results 1-42, Page 1 of 1

Fort Smith, AR Local Guide

Cheapest Neighborhoods for Apartments in Fort Smith, AR

Pricing Updated: 04/26/2026

Current apartment rentals in the Fort Smith, AR area range in price from $500 to $4,350 with an overall median price of $2,351. The three Fort Smith neighborhoods with the lowest median rent pricing are Belle Grove at $600, Oak Park at $650, and Mill Creek at $925. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fort Smith Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Belle Grove$600$6001
Oak Park$900$6502
Mill Creek$1,595$9252
Fishback Historic District$1,699$50031
May Lecta Sweet Historic District$1,699$50029
Fort Smith Eastside$1,900$75038
Fort Smith Southside$1,999$50028
Sunnymede$1,999$50029
Fort Smith Northside$2,050$50035
Massard$2,500$1,1003

Cheapest Available Fort Smith Apartments for Rent

 

The cheapest available apartment rental in Fort Smith, AR is a 2 Beds unit found at Village Meadows in the Massard neighborhood priced from $400. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Fort Smith apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The Bluffs @ Central1.1 R1BR,1BA$600
The Flats @ 59001.1S Reno1BR,1BA$600
Greystone Apartments1x11BR,1BA$625
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$650
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$695
"The Grove" One & Two Bedroom ApartmentsThe Grove 1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Fort Smith, AR

As of April 26, 2026 the best value apartment in the Fort Smith area is the $0.29 price per square foot Bedroom C Model at University Park Place in the in the Sunnymede neighborhood starting from $550. The second greatest value Fort Smith apartment is the North Pointe I (SF4) Model at CompassRCG Management starting at $1,022 with a $0.77 price per square foot in the Sunnymede neighborhood. Here is today’s list of the best values for Fort Smith apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Park PlaceBedroom C1BR,1BA$0.29
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Lakeside Townhomes11002BR,1.5BA$0.87
Aspen Heights3 Bed, 2 Bath (Silver)3BR,2BA$0.80
N 47th Apartments2 Bed / 2 Bath2BR,2BA$0.74
Addison Place Apartments2X22BR,2BA$0.92
Z Street Apartments2.12BR,1BA$0.87
2006 Williams St, Unit Unit32006 Williams St2BR,1BA$0.78
Mayfair Apartments1x11BR,1BA$0.90
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$0.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Fort Smith, AR
Population: 87,845

Ranked #379

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Fort Smith, AR

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fort Smith, AR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Fort Smith, AR

View Map
Fort Smith, AR Apartments Map
View Map
Fort Smith, AR Rental Homes Map

Frequently Asked Questions about Fort Smith

What type of rentals are currently available in Fort Smith?

There are currently 251 Apartments for Rent in Fort Smith, AR with pricing that ranges from $400 to $7,000. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Smith ranging from $500 to $4,350.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Smith ranges from $500 to $4,350 with an average monthly rent of $1,296.

How much are larger Three and Four Bedroom Rentals in Fort Smith?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fort Smith range from $699 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,022.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.