Most Affordable Neighborhoods in Fort Smith, AR

Some of the cheapest neighborhoods in Fort Smith are Mill Creek, Fort Smith Southside, and South Fort Smith. These neighborhoods offer some of the lowest rent prices in Fort Smith, making them ideal for renters on a budget. As of January 26, 2025, the average rent in Fort Smith is $705, which is 0.4% 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.

Mill Creek

Average Rent

$645/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

0/100

Units Available

16 Rentals

Mill Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mill Creek is $645 while the city average is $705. This is a 3.8% difference from last year. Residents enjoy convenient access to Univ. of Ark., Fort Smith, Towson Plaza, and Spiro Mounds. The neighborhood is considered car-dependent with a WalkScore® of 40.

Fort Smith Southside

Average Rent

$652/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

0/100

Units Available

53 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out Fort Smith Southside. The average rent is $652, compared to the city average of $705. Rent prices have decreased by 0.6%. Fort Smith Southside is convenient to Cornerstone Shopping Center, Wild Things Farm, and Fort Smith National Historic Site. The community is somewhat walkable with a WalkScore® of 52.

South Fort Smith

Average Rent

$675/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

0/100

Units Available

2 Rentals

South Fort Smith is an affordable neighborhood in Fort Smith with an average rent price of $675. Compare this to the city average of $705. In the past year, rent prices have increased by 1%. South Fort Smith provides easy access to Janet Huckabee Arkansas River Valley Nature Center, Fort Smith Regional, and Univ. of Ark., Fort Smith. It’s a car-dependent neighborhood with a WalkScore® of 47.

Fort Smith Northside

Average Rent

$733/Month

Year-Over-Year Rent Change

3.4%

TransitScore® Rating

0/100

Units Available

50 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 $733, while the city’s average stands at $705. In the last year, prices have increased by 3.4%. Fort Smith Northside is near Sunnymeade Shopping Center, Wild Things Farm, and Fort Smith National Historic Site.

Downtown Fort Smith

Average Rent

$945/Month

Year-Over-Year Rent Change

8%

TransitScore® Rating

0/100

Units Available

11 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 $945 while the city average is $705. This is a -8% difference from last year. Residents enjoy convenient access to Fort Smith National Historic Site, Univ. of Ark., Fort Smith, and Greenwood & Grand Center. The neighborhood is considered walkable with a WalkScore® of 71.

Fort Smith Eastside

Average Rent

$966/Month

Year-Over-Year Rent Change

1.7%

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 Eastside. The average rent is $966, compared to the city average of $705. Rent prices have increased by 1.7%. Fort Smith Eastside is convenient to Fort Smith National Historic Site, East Pointe Shopping Center, and Massard Crossing. The community is car-dependent with a WalkScore® of 29.

Fianna HIlls

Average Rent

$1,000/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

0/100

Units Available

1 Rentals

Fianna HIlls is an affordable neighborhood in Fort Smith with an average rent price of $1,000. Compare this to the city average of $705. In the past year, rent prices have increased by 1%. Fianna HIlls provides easy access to Janet Huckabee Arkansas River Valley Nature Center, Wild Things Farm, and Fort Smith Regional. It’s a car-dependent neighborhood with a WalkScore® of 47.

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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.