Fort Smith, AR-OK · Arkansas
Crawford County
60,792 residents57 permits TTM$60,362 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$170,000
ACS 5-Year
Cap rate proxy
5.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.5%
HUD FMR ÷ ACS HHI
Net migration
+1.75%
IRS SOI
Permits (TTM)
57
Census BPS
Climate risk
71.6
FEMA NRI (0–100)
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 72934 | — | — | — | 5.8% | — |
| 72935 | — | — | — | 5.8% | — |
| 72948 | — | — | — | 5.8% | — |
| 72955 | — | — | — | 5.8% | — |
| 72956 | — | — | — | 5.8% | — |
Ranked by composite score
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Demographics
Owner-occupied
74.2%
Census ACS
Vacancy rate
9.9%
Census ACS
Bachelor's degree +
19.3%
Census ACS
Rent burdened
41.8%
Census ACS (>30% income)
Median age
39.1
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026