Last updated
Average Rent in Fort Smith 72916 & Rent Trends
Rent prices and market trends across 1 apartment community in Fort Smith 72916, Fort Smith, AR. Updated daily.
Market Average
$1,221/mo
Lowest Available
$1,035/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Fort Smith 72916 vs Fort Smith, AR Average
Fort Smith 72916 is more expensive the Fort Smith, AR average by $246/mo (25%). The citywide average is $975/mo across all neighborhoods.
Is Rent Going Up or Down in Fort Smith 72916?
As of June 2026, the average rent in Fort Smith 72916 is $1,221 per month across 1 apartment community and 2 available units.
The most affordable option is The Reserve at Chaffee Crossing Apartment Homes & Townhomes starting at $1,035/mo. By unit type, a 2-bedroom averages $1,221/mo.
Prices range from $1,035 to $1,406 per month. The most common price point is the $1,000 range, where 1 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Fort Smith 72916
Rent Prices by Apartment in Fort Smith 72916
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Reserve at Chaffee Crossing Apartment Homes & Townhomes | $1,035/mo | $1,221/mo | 2 | 4 |
Google Search Trends for Fort Smith 72916 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Fort Smith 72916
What is the average rent in Fort Smith 72916?
Is rent going up or down in Fort Smith 72916?
What is the cheapest apartment in Fort Smith 72916?
How many apartments are available in Fort Smith 72916?
What salary do I need to live comfortably in Fort Smith 72916?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$49,000/year
Based on the 30 percent rule, using our tracked average rent of $1,221/mo.
Comfortable income
$59,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,035/mo), you need to earn at least $41,000/year.
Median household income in Fort Smith 72916 is $52,692 , about 10% below the comfortable-living threshold.
Cost of living in Fort Smith 72916
Overall prices in Fort Smith 72916 runs below the national average by about 15% (BEA Regional Price Parity index 85.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Fort Smith 72916's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,221 |
| Utilities | $218 |
| Groceries | $503 |
| Transportation | $521 |
| Healthcare | $254 |
| Other goods and services | $406 |
| Estimated total | $3,124/mo |
Population
89,496
Median household income
$52,692
Census median rent
$852/mo
Rent as % of income
25.7%
Median age
36.6
Mean commute
17 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Fort Smith 72916 Apartments
Browse all 1 communities with daily-updated pricing and availability.