Maple Park at Riley Farm
11709 Kenwood Dr,
Fort Smith, AR 72916
2-3 Beds | $1,695 - $2,255
Rental Market Trends in Fort Smith, AR
What is the average rent in Fort Smith, AR?
$703/month
Average Rent
628 Sq Ft
Average Apartment Size
+0.2%
Increase in the Last Year
As of January 2025, the average rent in Fort Smith, AR is $703 per month. This is 55% lower than the national average rent of $1,553/month, making renting in Fort Smith more affordable than most cities in the US. When you rent an apartment in Fort Smith, you can expect to pay about $536 per month for a studio, $703 for a one-bedroom apartment, and around $842 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,252 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Fort Smith, AR?
In the past year, rent has increased by 0.2%, which averages out to $2 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Fort Smith, AR
Last Updated January 2025
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
47%
Below $700/month
35%
$700 - $1,000/month
13%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fort Smith?
Based on current rent prices, Mill Creek, South Fort Smith and Fort Smith Northside are the most affordable neighborhoods in Fort Smith.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fort Smith?
Based on current rent prices, Fianna HIlls, Downtown Fort Smith and Fort Smith Eastside are the most expensive neighborhoods in Fort Smith.
Neighborhood
Average Rent
Average Sq Ft
Which Fort Smith neighborhoods have the most rentals available?
The neighborhoods in Fort Smith with the most apartments available are Fort Smith Eastside, Fort Smith Northside and Fort Smith Southside .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fort Smith, AR?
Because the average rent in Fort Smith is $703, you’ll want to make about $2,343 per month or $28,116 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Fort Smith, AR compare to other nearby cities and neighborhoods?
Use the tool below to compare Fort Smith, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$612/month
$596/month
Two Bedroom
$627/month
$818/month
Three Bedroom
$624/month
$1,300/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.