Most Affordable Neighborhoods in Fort Smith, AR

Some of the cheapest neighborhoods in Fort Smith are Mill Creek, Fort Smith Southside, and Fianna HIlls. These neighborhoods offer some of the lowest rent prices in Fort Smith, making them ideal for renters on a budget. As of April 13, 2025, the average rent in Fort Smith is $710, 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

$646/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

0/100

Units Available

15 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out Mill Creek. The average rent is $646, compared to the city average of $710. Rent prices have decreased by 0.1%. Mill Creek is convenient to Janet Huckabee Arkansas River Valley Nature Center, Super Center, and Univ. of Ark., Fort Smith. The community is car-dependent with a WalkScore® of 40.

Fort Smith Southside

Average Rent

$648/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

0/100

Units Available

69 Rentals

Fort Smith Southside is an affordable neighborhood in Fort Smith with an average rent price of $648. Compare this to the city average of $710. In the past year, rent prices have decreased by 0.3%. Fort Smith Southside provides easy access to Maybranch Shopping Center, Janet Huckabee Arkansas River Valley Nature Center, and Wild Things Farm. It’s a somewhat walkable neighborhood with a WalkScore® of 52.

Fianna HIlls

Average Rent

$650/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

0/100

Units Available

2 Rentals

If you’re looking for a great, affordable neighborhood in Fort Smith, Fianna HIlls might be the perfect place! It has an average rent price of $650, while the city’s average stands at $710. In the last year, prices have increased by 2.3%. Fianna HIlls is near Univ. of Ark., Fort Smith, Fianna Hills Shopping Center, and Wild Things Farm.

Cavanaugh

Average Rent

$658/Month

Year-Over-Year Rent Change

4%

TransitScore® Rating

0/100

Units Available

6 Rentals

Cavanaugh is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cavanaugh is $658 while the city average is $710. This is a 4% difference from last year. Residents enjoy convenient access to Janet Huckabee Arkansas River Valley Nature Center, Market Trace, and Super Center. The neighborhood is considered car-dependent with a WalkScore® of 33.

South Fort Smith

Average Rent

$700/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

0/100

Units Available

4 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out South Fort Smith. The average rent is $700, compared to the city average of $710. Rent prices have increased by 0.5%. South Fort Smith is convenient to Wild Things Farm, Fort Smith Regional, and Fort Smith National Historic Site. The community is car-dependent with a WalkScore® of 47.

Fort Smith Northside

Average Rent

$720/Month

Year-Over-Year Rent Change

3.7%

TransitScore® Rating

0/100

Units Available

71 Rentals

Fort Smith Northside is an affordable neighborhood in Fort Smith with an average rent price of $720. Compare this to the city average of $710. In the past year, rent prices have increased by 3.7%. Fort Smith Northside provides easy access to Fort Smith Regional, Wild Things Farm, and Sunnymeade Shopping Center. It’s a somewhat walkable neighborhood with a WalkScore® of 58.

Fort Smith/Russellville I-40

Average Rent

$721/Month

Units Available

17 Rentals

If you’re looking for a great, affordable neighborhood in Fort Smith, Fort Smith/Russellville I-40 might be the perfect place! It has an average rent price of $721, while the city’s average stands at $710.

Massard

Average Rent

$725/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

2 Rentals

Massard is a top choice for budget-conscious renters for a variety of reasons. The average rent in Massard is $725 while the city average is $710. This is a 0.7% difference from last year. Residents enjoy convenient access to Janet Huckabee Arkansas River Valley Nature Center, Univ. of Ark., Fort Smith, and Kmart Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 53.

Downtown Fort Smith

Average Rent

$834/Month

Year-Over-Year Rent Change

8.2%

TransitScore® Rating

0/100

Units Available

11 Rentals

When you’re looking for a great Fort Smith neighborhood on a budget, check out Downtown Fort Smith. The average rent is $834, compared to the city average of $710. Rent prices have decreased by 8.2%. Downtown Fort Smith is convenient to Wild Things Farm, Park Plaza, and Midland Mall. The community is walkable with a WalkScore® of 71.

Fort Smith Eastside

Average Rent

$983/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

0/100

Units Available

81 Rentals

Fort Smith Eastside is an affordable neighborhood in Fort Smith with an average rent price of $983. Compare this to the city average of $710. In the past year, rent prices have increased by 1.8%. Fort Smith Eastside provides easy access to Fort Smith National Historic Site, Wild Things Farm, and Pier 91. It’s a car-dependent neighborhood 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.