Most Affordable Neighborhoods in Fort Smith, AR

Some of the cheapest neighborhoods in Fort Smith are Fort Smith Southside, Mill Creek, and Fort Smith Northside. These neighborhoods offer some of the lowest rent prices in Fort Smith, making them ideal for renters on a budget. As of June 17, 2025, the average rent in Fort Smith is $655, which is 1.5% 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

$594/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

0/100

Units Available

46 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Southside. The average rent is $594, compared to the city average of $655. Rent prices have increased by 0.2%. Fort Smith Southside is convenient to Fort Smith Regional, Univ. of Ark., Fort Smith, and Janet Huckabee Arkansas River Valley Nature Center. The community is somewhat walkable with a WalkScore® of 52.

Mill Creek

Average Rent

$653/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

0/100

Units Available

11 Rentals

Mill Creek is an affordable neighborhood in Fort Smith with an average rent price of $653. Compare this to the city average of $655. In the past year, rent prices have increased by 1.6%. Mill Creek provides easy access to Janet Huckabee Arkansas River Valley Nature Center, Towson Plaza, and Spiro Mounds. It’s a car-dependent neighborhood with a WalkScore® of 40.

Fort Smith Northside

Average Rent

$704/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

0/100

Units Available

39 Rentals

If you’re looking for a great, affordable neighborhood in Fort Smith, Fort Smith Northside might be the perfect place! It has an average rent price of $704, while the city’s average stands at $655. In the last year, prices have increased by 3.8%. Fort Smith Northside is near Midland Mall, Sunnymeade Shopping Center, and Fort Smith Regional.

Downtown Fort Smith

Average Rent

$853/Month

Year-Over-Year Rent Change

9.7%

TransitScore® Rating

0/100

Units Available

10 Rentals

Downtown Fort Smith is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Fort Smith is $853 while the city average is $655. This is a -9.7% difference from last year. Residents enjoy convenient access to Fort Smith National Historic Site, Wild Things Farm, and Fort Smith Regional. The neighborhood is considered walkable with a WalkScore® of 71.

Fort Smith Eastside

Average Rent

$946/Month

Year-Over-Year Rent Change

2.6%

TransitScore® Rating

0/100

Units Available

54 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Eastside. The average rent is $946, compared to the city average of $655. Rent prices have increased by 2.6%. Fort Smith Eastside is convenient to Massard Crossing, Janet Huckabee Arkansas River Valley Nature Center, and Wild Things Farm. The community is car-dependent with a WalkScore® of 29.

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.