We prove that, up to topological conjugacy, every Smale space admits an Ahlfors regular Bowen measure. Bowen’s construction of Markov partitions implies that Smale spaces are factors of topological Markov chains. The latter are equipped with Parry’s measure, which is Ahlfors regular. By extending Bowen’s construction, we create a tool for transferring the Ahlfors regularity of the Parry measure down to the Bowen measure of the Smale space. An essential part of our method uses a refined notion of approximation graphs over compact metric spaces. Moreover, we obtain new estimates for the Hausdorff, box-counting and Assouad dimensions of a large class of Smale spaces.