Arsenic removal has received much attention all over the world because of its toxicity and carcinogenicity. In the current research, the adsorption behavior of As(V) from aqueous solution onto Fe(III)-impregnated bentonite (Fe-Bent) was examined. Adsorption experiment results showed that the adsorption capacity of initial bentonite clay (Bent) was increased by Fe(III)-impregnation method. In Fe-Bent, the mononuclear Fe(III) cations, small oligomeric cluster and bulky FexOy particles were made such active sites identified by UV–Vis spectroscopy. X-ray diffraction results showed that Fe(III) species presented mainly in both crystalline and amorphous forms on the external surface of Fe-Bent. In an experimental study, the effect of different parameters such as contact times, arsenic concentrations, adsorbent dosages, pH and temperature conditions was investigated. Fe-Bent sample represented the maximum adsorption capacity of 10.06 mg L−1 to remove 5–20 mg L−1 of As(V) at pH = 6 and ambient temperature. In this experiment, the residual As(V) concentration decreased to less than 0.01 mg/L with the adsorption efficiency of 99% (i.e., below the limit of the WHO). The two- and three-parameter isotherm models revealed the best fit to the Freundlich, Sips, Toth, Temkin and Langmuir models, respectively. The isotherm models indicated the strong adsorption between arsenic and Fe-Bent. The adsorption kinetics was also considered by first-order, second-order and Elovich rate equations. It was noticed that the Fe-Bent adsorption followed the external surface reaction such as ligand exchange and surface complexation. The thermodynamics studies exposed that the process was spontaneous and endothermic for Fe-Bent.