Cheap Homes for Rent in Fort Smith, AR from $500 (47 Rentals)

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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.

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.

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.

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.

property at 2105 S O St

2105 S O St

Fort SmithAR72901

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.

Fort Smith, AR Local Guide

Cheapest Neighborhoods for Apartments in Fort Smith, AR

Pricing Updated: 09/30/2025

Current apartment rentals in the Fort Smith, AR area range in price from $550 to $4,750 with an overall median price of $2,093. The three Fort Smith neighborhoods with the lowest median rent pricing are Oak Park at $950, South Fort Smith at $850, and Mill Creek at $675. 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
Oak Park$1,100$9503
South Fort Smith$1,400$8502
Mill Creek$1,600$67510
Hillcrest$1,637$55042
Fishback Historic District$1,699$55044
Fort Smith Southside$1,699$55039
May Lecta Sweet Historic District$1,749$55042
Fort Smith Northside$2,100$55040
Sunnymede$2,300$55031
Downtown Fort Smith$2,425$55022

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. Brentwood in the South Fort Smith neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $400. 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
Brentwood1B1BR,1BA$400
Boardwalk ApartmentsStudio-EFFStudio,1BA$410
The Flats @ 59001 bed 1 bath1BR,1BA$600
Phoenix Village1.11BR,1BA$625
The View: 1 & 2 Bedroom ApartmentsThe View 1511 One Bedroom1BR,1BA$650
The Bluffs @ CentralWelcome to your Convenient and Comfortable 1 be...1BR,1BA$650
Aspen HeightsLive your Best Life! Silver Aspen 1 Bed/ 1 Bath1BR,1BA$675
The Hendrix1.1 R1BR,1BA$675
Mayfair Apartments1x11BR,1BA$675

Best Value Apartments for Rent in Fort Smith, AR

As of September 30, 2025 the best value apartment in the 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 Fort Smith apartment is the RW Townhomes apartments Model at Rustic Woods Townhomes starting at $825 with a $0.75 price per square foot in the South Fort Smith 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.
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Rustic Woods TownhomesRW Townhomes apartments2BR,1BA$0.75
Lakeside Townhomes11002BR,1.5BA$0.86
Forrest Brook Apartments2 Bedroom Townhouse2BR,1.5BA$0.86
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.86
Southbrooke ApartmentsSB 2 beds 1 bath2BR,1BA$0.78
Z Street Apartments2.12BR,1BA$0.87
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$0.47
Boardwalk ApartmentsStudio-EFFStudio ,1BA$0.66
Brentwood1B1BR,1BA$0.74

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

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Frequently Asked Questions about Fort Smith

What type of rentals are currently available in Fort Smith?

There are currently 252 Apartments for Rent in Fort Smith, AR with pricing that ranges from $400 to $2,300. There are also 143 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Smith ranging from $550 to $4,750.

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 $550 to $4,750 with an average monthly rent of $1,345.

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 $2,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,022.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.