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Fort Smith sits at the crossroads of history, established in 1817 as a western frontier military post where the Arkansas and Poteau rivers meet. Today, this city of nearly 92,000 residents offers some of the most affordable rental options in Arkansas, with average one-bedroom apartments renting for around $656 per month — significantly below the state average of $934. The rental landscape includes a mix of historic homes in the Belle Grove Historic District, modern apartments near Chaffee Crossing, and boutique rental communities throughout the city.
The downtown area has experienced revitalization with the addition of art galleries, local restaurants, and entertainment venues along Garrison Avenue. Renters appreciate the Riverfront area with its amphitheater and walking trails along the Arkansas River. For those seeking more space, neighborhoods like Fianna Hills and Stonewood Village offer rental homes with easy access to shopping centers, while Chaffee Crossing provides newer residential options near the Arkansas College of Osteopathic Medicine and growing commercial district.
Fort Smith serves as a regional transportation hub with easy access to Interstates 40 and 49, making commutes convenient for professionals. Major employers include Baptist Health, ABB Motors & Mechanical, and OK Foods, providing diverse employment opportunities. The city balances its rich frontier heritage — preserved at the Fort Smith National Historic Site — with modern amenities like Central Mall, the state's largest indoor shopping center. With a cost of living below the national average and a growing arts scene highlighted by events like the Unexpected urban art festival, Fort Smith combines affordability, convenience, and culture.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Fort Smith, AR?
Apartment averages in Fort Smith, AR varies based on size.
- $669 for a 1-bedroom apartment in Fort Smith, AR
- $861 for a 2-bedroom apartment in Fort Smith, AR
- $1,469 for a 3-bedroom apartment in Fort Smith, AR
- $4,023 for a 4-bedroom apartment in Fort Smith, AR
Rental Requirements
Can I find a cheap apartment in Fort Smith, AR?
There are 31 cheap apartments in Fort Smith, AR priced as low as $1,469
Can I find a short-term apartment in Fort Smith, AR?
There are 90 short-term apartments in Fort Smith, AR.
Transportation
How do people usually get around Fort Smith, AR?
Residents in Fort Smith, AR usually get around by car. According to Walk Score, Fort Smith, AR falls within the Car Dependent range.
Education
What colleges and universities are in Fort Smith, AR?
If you’re a college or university student moving to Fort Smith, AR, ForRent.com can help you find a rental near Univ. of Ark. Fort Smith and others.
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