Cheap Homes for Rent in Fort Smith, AR from $500 (25 Rentals)

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Fort Smith, AR Local Guide

Cheapest Neighborhoods for Apartments in Fort Smith, AR

Pricing Updated: 06/23/2025

Current apartment rentals in the Fort Smith, AR area range in price from $550 to $5,000 with an overall median price of $1,779. The three Fort Smith neighborhoods with the lowest median rent pricing are South Fort Smith at $800, Oak Park at $825, and Downtown Fort Smith at $550. 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
South Fort Smith$800$8001
Oak Park$1,050$8252
Downtown Fort Smith$1,422$55031
Massard$1,425$8256
Fort Smith Northside$1,624$55049
Sunnymede$1,624$55033
Fishback Historic District$1,699$55050
Fort Smith Eastside$1,699$67542
Fort Smith Southside$1,699$55045
May Lecta Sweet Historic District$1,699$55047

Cheapest Available Fort Smith Apartments for Rent

 

The cheapest available apartment rental in Fort Smith, AR is a 1 Bed unit found at Brentwood in the South Fort Smith neighborhood priced from $400. Boardwalk Apartments in the Sunnymede neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $410. Here is today’s list of the most affordable Fort Smith apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brentwood1B1BR,1BA$400
Boardwalk ApartmentsStudio-EFFStudio,1BA$410
601 Xavier StOne Bedroom One Bathroom1BR,1BA$595
Village Meadows Apartments1 Bed 1 Bath1BR,1BA$600
The Flats @ 59001 bed 1 bath Move-In Ready1BR,1BA$600

Best Value Apartments for Rent in Fort Smith, AR

As of June 24, 2025 the best value apartment in the Fort Smith area is the $0.89 price per square foot 2 Bed 2 Bath 2 Car Garage Model at Willowbrook Duplexes in the in the Cavanaugh neighborhood starting from $1,199. 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.
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Rustic Woods TownhomesRW Townhomes apartments2BR,1BA$0.75
Tulsa Street DuplexesSpacious & Stylish 2 Bed, 2 Bath Duplexes2BR,2BA$0.87
Hillside TownhomesTownhomes2BR,1.5BA$0.89
Rock Creek Apartments2 Bed 2 Bath2BR,2BA$0.84
Better than the next- Colony West2.22BR,2BA$0.83
Southbrooke ApartmentsSB 1 bed 1 bath1BR,1BA$0.89
Boardwalk ApartmentsStudio-EFFStudio ,1BA$0.66
Brentwood1B1BR,1BA$0.74

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.

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Frequently Asked Questions about Fort Smith

What type of rentals are currently available in Fort Smith?

There are currently 249 Apartments for Rent in Fort Smith, AR with pricing that ranges from $413 to $2,300. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Smith ranging from $550 to $5,000.

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 $5,000 with an average monthly rent of $1,207.

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 $2,155, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,500. Four Bedroom Single-Family rentals are also available starting from $950 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.