Fort Smith, AR

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Fort Smith short-term rental market based on reliable data.

Listings

283 / 440

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$20,470

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$198,396

Median Home Sale Price

Top Earners

$38,665

Top-Earners Revenue

Fort Smith

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fort Smith.

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B

Generally Investor friendly

Fort Smith Regulations

Short-term rentals are allowed citywide with general business licensing and annual safety inspections, but there are no specific caps or STR-only zoning limits; the permitting path is moderate and operational requirements like local contact and occupancy limits are manageable, though some uncertainty about future local rules exists.

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About Fort Smith

Fort Smith is the second-largest city in Arkansas and the seat of Sebastian County, situated in the western part of the state along the Arkansas River at the Oklahoma line. With a population of roughly 89,000, the city carries a strong Western and frontier character, shaped by its origins as a nineteenth-century military post and its later identity as the courtroom of the federal judge Isaac C. Parker. Today it serves as a regional hub and a popular gateway to the Boston Mountains, the Ozark National Forest, and the broader outdoor recreation of northwest Arkansas. Fort Smith lies about 160 miles northwest of Little Rock, the state capital and nearest major city, and sits roughly an hour's drive southwest of the Fayetteville–Springdale–Rogers metro area.

A few blocks from the riverfront in downtown Fort Smith, the Fort Smith National Historic Site preserves the foundations of the original 1817 military fort, the courtroom where Judge Parker handed down sentences, and the notorious "gallows" used in the court's executions. Managed by the National Park Service, the site includes a well-curated visitor center and is one of the few NPS units in western Arkansas, making it a natural anchor for visitors interested in frontier and judicial history.

About twenty miles northeast of the city, Lake Fort Smith State Park fills a hollow in the Boston Mountains and offers a swimming pool, mountain biking trails, cabins, and a small lake for fishing and paddling. Run by Arkansas State Parks, the property provides an easy day trip for travelers who want to pair a city stay with classic Ozark scenery, and it doubles as a quiet base for hikers exploring the surrounding national forest.

A little farther east, Devil's Den State Park sits roughly fifty miles from Fort Smith deep within the Ozark National Forest. Known for its sandstone crevices, small caves, and a network of hiking and backpacking trails, the park is a favorite stop for road-trippers moving through the region and a natural complement to a Fort Smith itinerary for guests interested in hiking and wildlife.

Fort Smith offers a rare combination of walkable historic downtown, riverfront scenery, and quick access to some of Arkansas's most popular state parks. For short-term-rental owners, that mix translates into a steady and varied guest base, from history-minded travelers tracing the Parker court and the Trail of Tears to road-trippers, cyclists, and families using the city as a launching point into the Ozarks.

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