Fort Smith, AR Rental Market Trends
Last updated: April 07, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Fort Smith is $818, a 0.7% decrease compared to the previous year, when the average rent was $824.
Studio Apartments at $571 offer the most budget-friendly option with 405 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 680 square feet for $725, balancing privacy and affordability.
Two-beedroom units at $848 offer 945 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,263 sq ft) for $1,064, suitable for larger households.
Average rent in Fort Smith, AR
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $818 | 870 sq. ft. |
| Studio | $571 | 405 sq. ft. |
| 1 Bed | $725 | 680 sq. ft. |
| 2 Beds | $848 | 945 sq. ft. |
| 3 Beds | $1,064 | 1,263 sq. ft. |
Fort Smith, AR rent trends
Rental prices in Fort Smith, AR have decreased by 0.7% over the past year. The average rent moved from $824 to $818.
What's the typical rent budget in Fort Smith, AR?
The largest share of rentals in Fort Smith, AR (90%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Fort Smith, AR?
17,151 or 47% of the households in Fort Smith, AR are renter-occupied while 19,624 or 53% are owner-occupied.
Average Rent in Fort Smith, AR By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Fort Smith City | $818 |
How Fort Smith Compares to Other Cities
| City | Average Rent |
|---|---|
| Fort Smith | $818 |
| Little Rock | $1,085 |
| Fayetteville | $1,412 |
| Bentonville | $1,304 |
| Rogers | $1,328 |
| Springdale | $1,159 |
| Conway | $968 |
| Maumelle | $1,089 |
| Benton | $991 |
| North Little Rock | $1,067 |
| Jacksonville | $765 |
| Alma, AR | $704 |
| Van Buren, AR | $829 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fort Smith apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.