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Fort Smith, AR Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,006
Monthly Cash Flow
-$62
Principal + Equity
$801
Annual Total Gain
$8,870
Cash on Cash
-1.56%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$125
Occupancy Rate
48.39%
Monthly Revenue
$1,333
Monthly Cash Flow
$66
Principal + Equity
$801
Annual Total Gain
$10,398
Cash on Cash %
1.66%
Net ROI %
Market Health & Growth
Median Income
$52,692
Population
89,496
LTR Renter %
46.95%
Forecast (1 yr)
0.78%
Appreciation (1 yr)
0.4%
Appreciation (5 yr)
24.6%
Appreciation (10 yr)
50.22%
Job Growth
0.49%
LTR Rentability
Low
STR Demand
65
STR Rentals
233
Top Public Schools
A-Greenwood Junior High School
A-Westwood Elementary School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Places to Live in Arkansas
#12out of 154 markets
Best Places for Young Professionals in Arkansas
#35out of 154 markets
Places with the Best Public Schools in Arkansas
#26out of 127 markets
B
Public School
D
Crime And Safety
B
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Fort Smith, AR.
As of now, Fort Smith, AR does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that regulations regarding STRs can change quickly and it is always recommended to stay informed about any updates or changes in local laws.
Investors should also consider the potential impact of STRs on the local community, including issues such as noise complaints, parking concerns, and potential strain on local infrastructure. It is important to be a responsible host and ensure that guests are respectful of the neighborhood and local regulations.
Additionally, investors should be aware of any potential zoning restrictions that may apply to STRs in Fort Smith. Some neighborhoods may have specific rules or restrictions regarding short term rentals, so it is important to research and understand the local zoning laws before purchasing a property for this purpose.
Overall, while Fort Smith may not currently have specific regulations in place for STRs, investors should still proceed with caution and be prepared to adapt to any changes in local laws or regulations that may affect their investment in short term rentals.
Market Trends Over Time
Explore 25 years of market data for Fort Smith, AR, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Fort Smith, AR.
The LTR Genie Score of Fort Smith, AR is 57 and STR Genie Score is 49, indicating a moderate to low rentability for both long-term and short-term rental investments. The LTR Rent Growth Rate of 0.0503% suggests slow growth in long-term rental demand, while the STR Net ROI of 21.96% indicates a higher return on investment for short-term rentals. The 1-Year Price Appreciation Forecast of 0.78% implies a slight increase in property values.
In comparison, the LTR Genie Score is slightly higher than the STR Genie Score, indicating that long-term rental investments may be slightly more favorable in this market. However, the higher STR Net ROI suggests that short-term rentals could also be a viable option for investors looking for higher returns.
Fort Smith, AR is a city located in western Arkansas with a diverse economy driven by manufacturing, healthcare, and education sectors. The city offers a low cost of living and a strong sense of community, making it an attractive location for real estate investment.
Overall, Fort Smith, AR may be a suitable market for both long-term and short-term rental investments, depending on the investor's goals and risk tolerance. Investors should carefully consider the rentability metrics, ROI, and market trends before making a decision on which strategy to pursue in this market.
LTR Genie Score 93
$160,000
🛏 5 Beds🛁 4.0000 Baths🏙 3,045 sqft.🏠 SINGLE FAMILY