The region known as the Troad in western Anatolia is famed not only as the setting of Homer's Iliad but also for the Hellespont strait (modern Çanakkale Boğazı) linking the Sea of Marmara to the Aegean. In addition to large cities such as Sigeum, Abydus and Lampsacus, ancient writers also mention smaller cities located on the Hellespont. In this article, the location of the ancient city of Arisbe, presumed to have existed between Abydus and Lampsacus, is examined in the light of new archaeological data. Between 2002 and 2010, the author conducted surveys in the northern Troad. These surveys revealed an ancient settlement with archaeological material belonging to the Late Bronze Age, late Geometric, Archaic, Classical and Hellenistic periods. The location of this settlement, the archaeological data and information from ancient literary sources all indicate that this site should be identified as Arisbe.