Best Affordable Neighborhoods in Fort Smith, AR
Some of the cheapest neighborhoods in Fort Smith are Fort Smith Southside, Fort Smith Northside, and Downtown Fort Smith. These neighborhoods offer some of the lowest rent prices in Fort Smith, making them ideal for renters on a budget. As of May 4, 2026, the average rent in Fort Smith is $698, which is 4.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Fort Smith Southside
Average Rent
$725/Month
Year-Over-Year Rent Change
3.2%
Units Available
65 Rentals
Fort Smith Southside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fort Smith Southside is $725 while the city average is $698. This is a 3.2% difference from last year. Residents enjoy convenient access to Janet Huckabee Arkansas River Valley Nature Center, Univ. of Ark., Fort Smith, and Park Plaza.
Fort Smith Northside
Average Rent
$739/Month
Year-Over-Year Rent Change
0.5%
Units Available
81 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Northside. The average rent is $739, compared to the city average of $698. Rent prices have increased by 0.5%. Fort Smith Northside is convenient to Wild Things Farm, Midland Mall, and Sunnymede Shopping Center.
Downtown Fort Smith
Average Rent
$942/Month
Year-Over-Year Rent Change
10.8%
Units Available
19 Rentals
Downtown Fort Smith is an affordable neighborhood in Fort Smith with an average rent price of $942. Compare this to the city average of $698. In the past year, rent prices have increased by 10.8%. Downtown Fort Smith provides easy access to Wild Things Farm, Univ. of Ark., Fort Smith, and Fort Smith Regional.
Fort Smith Eastside
Average Rent
$2,134/Month
Year-Over-Year Rent Change
2%
Units Available
62 Rentals
If you’re looking for a great, affordable neighborhood in Fort Smith, Fort Smith Eastside might be the perfect place! It has an average rent price of $2,134, while the city’s average stands at $698. In the last year, prices have increased by 2%. Fort Smith Eastside is near Univ. of Ark., Fort Smith, Wild Things Farm, and Fort Smith National Historic Site.
Ready to make your move to Fort Smith? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.