Rental market snapshot for Fort Smith, Arkansas

Fort Smith, Arkansas Rental Property Market Overview

Fort Smith, Arkansas is a city located in the western part of the state, near the Oklahoma border. According to the US Census, the population of Fort Smith in 2021 was 89,576. The city is known for its rich history, having served as a frontier military post in the early 1800s. It is also home to the Fort Smith National Historic Site, which preserves the city's past. Today, Fort Smith is a vibrant city with a diverse economy, offering a variety of attractions and activities for visitors and residents alike.

The average rent for an apartment in Fort Smith is $890. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Fort Smith Arkansas | Cost of Living

  • The most expensive ZIP code in Fort Smith is 72916 with an average price of $1,964.
  • The cheapest ZIP code in Fort Smith is 72901 with an average price of $833.

Fort Smith ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
172916$1,964
272903$1,017
372904$850
472901$833

Live near Fort Smith, Arkansas's Top Sights and Attractions

The Fort Smith Air Museum is a unique attraction that celebrates the history of aviation in the area. Visitors can explore a variety of aircraft from the early days of flight to modern military jets. The museum also features interactive exhibits, educational programs, and a gift shop. There are also a number of outdoor activities such as a picnic area and a playground. The museum is a great place to learn about the history of aviation and to experience the thrill of flight.

Ben Geren Regional Park is a sprawling outdoor recreation area located in the heart of Arkansas. It features a wide variety of activities, including a golf course, a disc golf course, a lake for fishing and swimming, a playground, a dog park, a skate park, a BMX track, a fitness trail, and several picnic areas. The park also offers a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations. Ben Geren Regional Park is a great place to spend the day with family and friends, and is sure to provide hours of fun and entertainment.

Creekmore Park is a large public park located in a scenic area of Arkansas. It features a variety of outdoor activities, including a large lake for fishing, a playground, and a walking trail. There are also several picnic areas, a disc golf course, and a skate park. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for locals and visitors alike, and is a great place to spend an afternoon.

West Arkansas Regional Park is a sprawling outdoor recreation area located in the heart of the Ozark Mountains. The park features a variety of activities, including camping, fishing, hiking, biking, and picnicking. There are also several playgrounds, a disc golf course, and a large lake with a beach. The park is home to a variety of wildlife, including deer, wild turkeys, and bald eagles. Visitors can also explore the park's many trails, which offer stunning views of the surrounding landscape.

Martin Luther King Park is a beautiful outdoor space located in Fort Smith, Arkansas. It features a large lake, walking trails, picnic areas, and a playground. The park also has a memorial to honor the life and legacy of Dr. Martin Luther King Jr. Visitors can enjoy the peaceful atmosphere and take in the stunning views of the lake and surrounding area. The park is a great place to spend a day outdoors with family and friends.

Springhill Park is a beautiful outdoor destination located in the heart of Fort Smith, Arkansas. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a lake. The park also offers a variety of recreational activities such as fishing, boating, and swimming. Visitors can also enjoy the scenic views of the Arkansas River and the surrounding area. The park is a great place to spend a day outdoors with family and friends.

Mr Peanut is a large, iconic, metal sculpture located in Fort Smith, Arkansas. Standing at over 20 feet tall, the sculpture is a replica of the Planters Peanut mascot, complete with a top hat, monocle, and cane. The sculpture is a popular photo spot for locals and visitors alike, and is a great way to show off your love for the city.

Tilles Park is a large outdoor recreation area located in Fort Smith, Arkansas. It features a variety of attractions, including a lake, a playground, a picnic area, a walking trail, and a disc golf course. The park also has a large pavilion, which hosts events such as concerts and festivals. The park is a popular spot for families and friends to gather and enjoy the outdoors.

Riverfront Park is a scenic outdoor destination located along the Arkansas River. It features a variety of recreational activities, such as walking trails, playgrounds, picnic areas, and a fishing pier. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies. Visitors can also take in the stunning views of the river and the surrounding area from the park's observation deck.

The US Marshals Museum is a nationally recognized attraction located in Fort Smith, Arkansas. It is dedicated to the history and legacy of the United States Marshals Service, the oldest federal law enforcement agency in the United States. The museum features interactive exhibits, artifacts, and educational programs that tell the story of the Marshals Service and its impact on the nation. Visitors can explore the history of the Marshals Service from its beginnings in 1789 to the present day, and learn about the brave men and women who have served as Marshals. The museum also offers a variety of special events and programs throughout the year, including lectures, workshops, and tours.

Fort Smith, Arkansas area median rent change by ZIP code map

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How does Fort Smith compare to other cities in Arkansas?

citymedian price
Benton$1,515
Gentry$1,495
Shannon Hills$1,460
Haskell$1,445
Rogers$1,406
Jacksonville$1,350
Conway$855
Jonesboro$820

Average household income in Fort Smith area graph - US Census

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The median household income in Fort Smith in 2021 was $48,033. This represents a 29.0% change from 2011 when the median was $37,232.

#categorypercent
0Less than $10,0007.6%
1$10,000 to $14,9994.4%
2$15,000 to $19,9995.8%
3$20,000 to $24,9997.0%
4$25,000 to $29,9997.1%
5$30,000 to $34,9997.4%
6$35,000 to $39,9996.1%
7$40,000 to $44,9994.5%
8$45,000 to $49,9994.7%
9$50,000 to $59,9999.7%
10$60,000 to $74,9998.5%
11$75,000 to $99,99910.2%
12$100,000 to $124,9996.4%
13$125,000 to $149,9994.1%
14$150,000 to $199,9993.0%
15$200,000 or more3.6%

Neighborhoods in Fort Smith

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

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As of December , the average rent in Fort Smith is $890.
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