Cheap Apartments for Rent in the Downtown Fort Smith Neighborhood of Fort Smith, AR from $300 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Fort Smith area of Fort Smith.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Summit Terrace
1 Bedroom Apartments

Summit Terrace

1501 N 37th StFort Smith, AR 72904
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
Sunset Village
1 Bedroom Apartments

Sunset Village

1100 S 11th StFort Smith, AR 72901

Downtown Fort Smith, Fort Smith, AR Local Guide

Cheapest Available Downtown Fort Smith Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fort Smith area of Fort Smith, AR is a 1 Bed unit found at Pike Place priced from $610. N 47th Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Downtown Fort Smith apartments for rent in Fort Smith, AR:

Apartment ListingModel NameBed/BathPriced From
Pike PlaceStandard1BR,1BA$610
N 47th Apartments1 Bed / 1 Bath1BR,1BA$625
Ramsey Square ApartmentsRamsey Square 1 Bedroom Unit Type1BR,1BA$675

Best Value Apartments for Rent in Downtown Fort Smith, AR

As of May 01, 2025 the best value apartment in the Downtown Fort Smith area is the $0.77 price per square foot North Pointe I (SF4) Model at CompassRCG Management in the in the Sunnymede neighborhood starting from $1,022. The second greatest value Downtown Fort Smith apartment is the 2.2.5 Model at West End Lofts starting at $1,255 with a $0.99 price per square foot in the May Lecta Sweet Historic District neighborhood. Here is today’s list of the best values for Downtown Fort Smith apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
West End Lofts2.2.52BR,2.5BA$0.99
718 N 18th St, Unit 3718 N 18th St3BR,1BA$1.11
Lofts on Park1 bedroom1BR,1BA$0.88
Greystone Apartments2x12BR,1BA$1.00
MF-09-The Grove ApartmentsThe Grove 2 Bedroom2BR,1BA$1.14
Ramsey Square ApartmentsRamsey Square 1 Bedroom Unit Type1BR,1BA$1.06
MF-08-Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,1BA$1.29
Pike PlaceStandard1BR,1BA$1.17
1716 S 28th St, Unit 1716 Half1716 S 28th St1BR,1BA$1.10

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Fort Smith, Fort Smith, AR

Ranked #14

Among neighborhoods in Fort Smith, AR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Downtown Fort Smith Neighborhood in Fort Smith, AR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Downtown Fort Smith Apartments

What is the price of a cheap apartment in Downtown Fort Smith?

The cheapest apartment in Downtown Fort Smith is Pike Place which is listed at $610, while the average apartment in Downtown Fort Smith costs $1,022.

What types of apartments are the cheapest in Downtown Fort Smith?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Fort Smith that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Fort Smith?

Cheap apartments in Downtown Fort Smith have an average cost of $693 which is $329 cheaper than the average rent for all rentals in Downtown Fort Smith.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.