Last updated August 24, 2026

Average Rent in Fort Smith 72903 & Rent Trends

Rent prices and market trends across 5 apartment communities in Fort Smith 72903, Fort Smith, AR. Updated daily.

Area All Areas

Fort Smith 72903 72916

Beds All Bedrooms 1 Bed 2 Bed

Market Average

$816/mo

▼ 0.9% from last month

Lowest Available

$630/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Fort Smith 72903 vs Fort Smith, AR Average

Fort Smith 72903 is cheaper than the Fort Smith, AR average by $145/mo (15%). The citywide average is $961/mo across all neighborhoods.

Is Rent Going Up or Down in Fort Smith 72903?

As of August 2026, the average rent in Fort Smith 72903 is $816 per month across 5 apartment communities and 10 available units. Rents have decreased $7 (0.9%) over the past month.

The most affordable option is Pike Place Apartments starting at $630/mo. By unit type, a 1-bedroom averages $691/mo, a 2-bedroom averages $1,107/mo.

Prices range from $630 to $1,490 per month. The most common price point is the $600 range, where 7 units are currently listed.

Fort Smith 72903 Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$791	-	6
August 2026	$777	-$14	5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Fort Smith 72903

1 Bed

$691

from $630 · 7 units

2 Bed

$1,107

from $895 · 3 units

Rent Prices by Apartment in Fort Smith 72903

Property	Starting at	Average	Units	Rating
Pike Place Apartments	$630/mo	$630/mo	2	3.2
Mayfair Apartments	$675/mo	$675/mo	1	4.5
The Links At Fort Smith	$685/mo	$685/mo	2	2.4
Oakwood Gardens Apartments	$735/mo	$835/mo	2	4.7
The Lofts on Park	$795/mo	$1,060/mo	3	5

Frequently Asked Questions About Rent in Fort Smith 72903

What is the average rent in Fort Smith 72903?

The average rent in Fort Smith 72903 is $816 per month as of August 2026, based on 10 units across 5 apartment communities.

Is rent going up or down in Fort Smith 72903?

Rent in Fort Smith 72903 has decreased $7 (0.9%) over the past month. The current average is $816/mo.

What is the cheapest apartment in Fort Smith 72903?

The most affordable apartment in Fort Smith 72903 is Pike Place Apartments with units starting at $630/mo.

How much is a 1-bedroom apartment in Fort Smith 72903?

A 1-bedroom apartment in Fort Smith 72903 averages $691/mo, with prices starting at $630/mo across 7 available units.

How many apartments are available in Fort Smith 72903?

There are 10 units available across 5 apartment communities in Fort Smith 72903.

What salary do I need to live comfortably in Fort Smith 72903?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$33,000/year

Based on the 30 percent rule, using our tracked average rent of $816/mo.

Comfortable income

$39,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($630/mo), you need to earn at least $25,000/year.

Median household income in Fort Smith 72903 is $52,692 , about 35% above the comfortable-living threshold.

Cost of living in Fort Smith 72903

Overall prices in Fort Smith 72903 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 72903's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$816	daily refresh
Utilities	$218	BLS × BEA RPP
Groceries	$503	BLS × BEA RPP
Transportation	$521	BLS × BEA RPP
Healthcare	$254	BLS × BEA RPP
Other goods and services	$406	BLS × BEA RPP
Estimated total	$2,719/mo	$32,624/year

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.

Arkansas Rent Trends

Compare rent across all Arkansas cities

Explore Fort Smith, AR on Map

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US-wide rent comparison

See how Fort Smith, AR rents stack up against the national median