5+ Days Ago
Highlights
- Picnic tables
- On-site laundry room
Location
3401 Park Ave, Fort Smith, AR 72903, USA
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Property Overview
Park Terrace in Arkansas features a strong Zumper Expert Rating of 8.4 out of 10, highlighting its competitive pricing and impressive amenities, such as picnic tables and an on-site laundry room. With a location rating of 9 out of 10, residents enjoy easy access to popular points of interest, while additional pros include proximity to top-rated schools and an abundance of property photos. Overall, Park Terrace balances value and quality, ranking in the 82.61 percentile for value compared to similar properties in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Middle school nearby
Great for
Social life
Floor plans
| Park Terrace - Arkansas - 1C | 1 bed | 1 bath | 700 sqft | $495 /mo | |||
| Park Terrace - Arkansas - 1C | 1 bed | 1 bath | 700 sqft | $595 /mo | 1 bed rental in the heart of Fort Smith. This complex offers bus stop pick up, fenced parking area, picnic tables, on site laundry room, professional pest control, and water paid. Apply online at fortsmith.rent, stop by the complex office, or call 479 242 7275 (PARK). | ||
| Park Terrace - Arkansas - 2C | 2 bed | 1 bath | 900 sqft | $695 /mo | 2 bed rental in the heart of Fort Smith. This complex offers bus stop pick up, fenced parking area, picnic tables, on site laundry room, professional pest control, and water paid. Apply online at fortsmith.rent, stop by the complex office, or call 479 242 7275 (PARK). |
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Policies and fees
Applicants
Application Fee
One-time. Agent application fee
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Base Rent
Monthly rent payment
$495–$695
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About Park Terrace - Arkansas
- 1 bed rental in the heart of Fort Smith. This complex offers bus stop pick up, fenced parking area, picnic tables, on site laundry room, professional pest control, and water paid. Apply online at fortsmith.rent, stop by the complex office, or call 479 242 7275 (PARK).- 2 bed rental in the heart of Fort Smith. This complex offers bus stop pick up, fenced parking area, picnic tables, on site laundry room, professional pest control, and water paid. Apply online at fortsmith.rent, stop by the complex office, or call 479 242 7275 (PARK).
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Park Terrace - Arkansas is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Terrace - Arkansas has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Park Terrace - Arkansas offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Park Terrace - Arkansas is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Park Terrace - Arkansas is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Park Terrace - Arkansas does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Reviews from the web
Showing 2 highest rated
Thick walls. Clean. Good maintenance. Again: thick walls.
nancy bromell
Dec 04, 2019
I ve lived here over 2 years now and the recent new owners and managers are absolutely amazing. Building and doors have new paint apartments are being updated a new playground and bbq pits are on the way. We have laundry facility vending machines close to shopping and schools. Rent is very affordable and pest control is on a monthly basis they’re pet friendly here also! I love living here and the changes are awesome.
angela amparo
Apr 16, 2019
We’re sharing just 2 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Park Terrace - Arkansas is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Park Terrace - Arkansas compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Fort Smith
1-bedroom apartments here are priced 16% lower than 1-bedrooms in Fort Smith.
If you decide to upgrade your space, you can expect 2-bedrooms at Park Terrace - Arkansas to be 18% less than the average for similarly sized apartments in Fort Smith.
Median rents as of Jun 7 2025.
Fort Smith
| Month | Median Rent |
|---|---|
| November 2023 | $950 |
| December 2023 | $855 |
| January 2024 | $788 |
| February 2024 | $725 |
| March 2024 | $725 |
| April 2024 | $958 |
| May 2024 | $958 |
| June 2024 | $900 |
| July 2024 | $866 |
| September 2024 | $675 |
| October 2024 | $738 |
| November 2024 | $787 |
| December 2024 | $675 |
| April 2025 | $575 |
| May 2025 | $611 |
| June 2025 | $615 |
Affordability calculator
Can I afford to live at 3401 Park Ave?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$21,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $21,800 annually to afford this 1-bedroom median monthly rent price of $545.
For more information on rent affordability, visit our rent calculator.
Schools near Park Terrace - Arkansas
Park Elementary School
4111 park ave
fort smith, AR, 72903
PK, K-5Public
C
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Internet available near Park Terrace - Arkansas
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Fort Smith near 3401 Park Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 3401 Park Ave, Fort Smith
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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