Most Affordable Neighborhoods in Fort Smith, AR
Some of the cheapest neighborhoods in Fort Smith are Fort Smith Southside, Mill Creek, and Cavanaugh. These neighborhoods offer some of the lowest rent prices in Fort Smith, making them ideal for renters on a budget. As of May 3, 2025, the average rent in Fort Smith is $713, 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
$633/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
0/100
Units Available
52 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Southside. The average rent is $633, compared to the city average of $713. Rent prices have increased by 2.4%. Fort Smith Southside is convenient to Fort Smith Regional, Fort Smith National Historic Site, and Wild Things Farm. The community is somewhat walkable with a WalkScore® of 52.
Mill Creek
Average Rent
$651/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
0/100
Units Available
10 Rentals
Mill Creek is an affordable neighborhood in Fort Smith with an average rent price of $651. Compare this to the city average of $713. In the past year, rent prices have increased by 0.4%. Mill Creek provides easy access to Fort Smith Regional, Fort Smith National Historic Site, and Cornerstone Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 40.
Cavanaugh
Average Rent
$656/Month
Year-Over-Year Rent Change
6.3%
TransitScore® Rating
0/100
Units Available
8 Rentals
If you’re looking for a great, affordable neighborhood in Fort Smith, Cavanaugh might be the perfect place! It has an average rent price of $656, while the city’s average stands at $713. In the last year, prices have increased by 6.3%. Cavanaugh is near Janet Huckabee Arkansas River Valley Nature Center, Fort Smith Regional, and Spiro Mounds.
South Fort Smith
Average Rent
$700/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
0/100
Units Available
4 Rentals
South Fort Smith is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Fort Smith is $700 while the city average is $713. This is a 0.6% difference from last year. Residents enjoy convenient access to Super Center, Fort Smith National Historic Site, and Cornerstone Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 47.
Fort Smith Northside
Average Rent
$703/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
0/100
Units Available
56 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Northside. The average rent is $703, compared to the city average of $713. Rent prices have increased by 3.9%. Fort Smith Northside is convenient to Fort Smith National Historic Site, Fort Smith Regional, and Midland Mall. The community is somewhat walkable with a WalkScore® of 58.
Fort Smith/Russellville I-40
Average Rent
$722/Month
Units Available
16 Rentals
Fort Smith/Russellville I-40 is an affordable neighborhood in Fort Smith with an average rent price of $722. Compare this to the city average of $713.
Downtown Fort Smith
Average Rent
$776/Month
Year-Over-Year Rent Change
7.6%
TransitScore® Rating
0/100
Units Available
9 Rentals
If you’re looking for a great, affordable neighborhood in Fort Smith, Downtown Fort Smith might be the perfect place! It has an average rent price of $776, while the city’s average stands at $713. In the last year, prices have decreased by 7.6%. Downtown Fort Smith is near Midland Mall, Fort Smith National Historic Site, and Fort Smith Regional.
Fianna HIlls
Average Rent
$925/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
0/100
Units Available
4 Rentals
Fianna HIlls is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fianna HIlls is $925 while the city average is $713. This is a 4.8% difference from last year. Residents enjoy convenient access to Super Center, Fianna Hills Shopping Center, and Janet Huckabee Arkansas River Valley Nature Center. The neighborhood is considered car-dependent with a WalkScore® of 47.
Fort Smith Eastside
Average Rent
$981/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
0/100
Units Available
68 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Eastside. The average rent is $981, compared to the city average of $713. Rent prices have increased by 1.8%. Fort Smith Eastside is convenient to Janet Huckabee Arkansas River Valley Nature Center, Pier 91, and Wild Things Farm. The community is car-dependent with a WalkScore® of 29.
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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.