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 February 18, 2025, the average rent in Fort Smith is $707, which is 0.8% 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
$648/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
0/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Fort Smith, Mill Creek might be the perfect place! It has an average rent price of $648, while the city’s average stands at $707. In the last year, prices have increased by 3.4%. Mill Creek is near Univ. of Ark., Fort Smith, Fort Smith National Historic Site, and Fort Smith Regional.
Fort Smith Southside
Average Rent
$660/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
0/100
Units Available
64 Rentals
Fort Smith Southside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fort Smith Southside is $660 while the city average is $707. This is a 0.2% difference from last year. Residents enjoy convenient access to Janet Huckabee Arkansas River Valley Nature Center, Wild Things Farm, and Park Plaza. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
South Fort Smith
Average Rent
$695/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
5 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out South Fort Smith. The average rent is $695, compared to the city average of $707. Rent prices have increased by 1%. South Fort Smith is convenient to Fort Smith Regional, Fort Smith Pavilion Shopping Center, and Super Center. The community is car-dependent with a WalkScore® of 47.
Fort Smith/Russellville I-40
Average Rent
$712/Month
Units Available
20 Rentals
Fort Smith/Russellville I-40 is an affordable neighborhood in Fort Smith with an average rent price of $712. Compare this to the city average of $707.
Fort Smith Northside
Average Rent
$715/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
0/100
Units Available
61 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 $715, while the city’s average stands at $707. In the last year, prices have increased by 3.8%. Fort Smith Northside is near Sunnymeade Shopping Center, Janet Huckabee Arkansas River Valley Nature Center, and Midland Mall.
Cavanaugh
Average Rent
$725/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
0/100
Units Available
2 Rentals
Cavanaugh is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cavanaugh is $725 while the city average is $707. This is a 4.5% difference from last year. Residents enjoy convenient access to Fort Smith Regional, Wild Things Farm, and Spiro Mounds. The neighborhood is considered car-dependent with a WalkScore® of 33.
Downtown Fort Smith
Average Rent
$913/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
0/100
Units Available
12 Rentals
When you’re looking for a great Fort Smith neighborhood on a budget, check out Downtown Fort Smith. The average rent is $913, compared to the city average of $707. Rent prices have decreased by 8%. Downtown Fort Smith is convenient to Univ. of Ark., Fort Smith, Fort Smith National Historic Site, and Midland Mall. The community is walkable with a WalkScore® of 71.
Fort Smith Eastside
Average Rent
$932/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
0/100
Units Available
60 Rentals
Fort Smith Eastside is an affordable neighborhood in Fort Smith with an average rent price of $932. Compare this to the city average of $707. In the past year, rent prices have increased by 1.9%. Fort Smith Eastside provides easy access to Fort Smith National Historic Site, Janet Huckabee Arkansas River Valley Nature Center, and East Pointe Shopping Center. 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.