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RentData.org Logo Fort Smith Fair Market Rent FY 2017 Fort Smith, AR-OK HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Fort Smith, AR :
$493 $511 $679 $901 $1,100
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Fort Smith are low compared to the national average. This FMR area is less expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fort Smith is $679 per month.

The previous year, rent for a two-bedroom home was $658 per month. This is a 3.19% increase year-over-year.

This FMR rate applies to Dyer, AR, Natural Dam, AR, Uniontown, AR, Chester, AR, Cedarville, AR, Winslow, AR, Rudy, AR, Mountainburg, AR, Mulberry, AR, West Fork, AR and other cities within the region. The Metro Code or CBSA code for this region is METRO22900M22900.

Additionally, This Fair Market Rent (FMR) area Fort Smith, AR-OK HUD Metro FMR Area spans one county or city in Arkansas which is listed in the table below. Estimated population of Fort Smith, AR-OK HUD Metro FMR Area FMR area is 61,948 people based on latest Census data.

Compared to the rest of Arkansas, the Fort Smith FMR area is more expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Fort Smith. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fort Smith

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 517
1-BR 1-Bedroom $ 536
2-BR 2-Bedroom $ 712
3-BR 3-Bedroom $ 945
4-BR 4-Bedroom $ 1153
Change Year:

There is just one county (listed below) within the Fort Smith, AR-OK HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Ft. Smith - Fay - Sprngdl - Rgrs.

County / Region Est. Population
Fort Smith, AR Metro 61,948
Zip Codes in Fort Smith, AR-OK HUD Metro FMR Area

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

72774, 72921, 72932, 72934, 72935, 72946, 72947, 72948, 72952, 72955, 72956, 72957 and 72959

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