What is the rental vacancy rate in Hot Springs Village, AR?

The rental vacancy rate in Hot Springs Village, AR is 5.1% (±4.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.9% (±1.5 points).

1,243 (±278) homes, 12.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Hot Springs Village, the rental vacancy rate went from 21.5% in 2015–2019 to 5.1% in 2020–2024 (−16.4 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
5.1% (±4.6 points)
Homeowner vacancy rate
1.9% (±1.5 points)
Vacant homes
1,243 (±278)

Vacancy in Hot Springs Village against Garland County, its state and the nation

Estimate (90% margin of error)
Hot Springs VillageGarland CountyArkansasUnited States
Rental vacancy rate5.1% (±4.6 points)7.4% (±2.0 points)6.4% (±0.4 points)5.5%
Homeowner vacancy rate1.9% (±1.5 points)1.3% (±0.6 points)1.1% (±0.1 points)0.9%
Vacant housing units1,243 (±278)9,093 (±808)188,686 (±4,584)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Hot Springs Village, the rental vacancy rate is not measurably different from Garland County (7.4%).

It is not measurably different from Arkansas (6.4%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Hot Springs Village

Nearest places with a published estimate, compared with Hot Springs Village
PlaceDistanceRental vacancy rateCompared with this place
Hot Springs Village—5.1% (±4.6 points)—
Fountain Lake4.3 mi0.0% (±45.6 points)Not measurably different
Lonsdale12 mi0.0% (±100.0 points)Not measurably different
Hot Springs13 mi9.2% (±2.8 points)Not measurably different
Mountain Pine13 mi11.1% (±18.1 points)Not measurably different
Piney15 mi2.5% (±4.2 points)Not measurably different
Rockwell16 mi0.0% (±7.0 points)Not measurably different
Lake Hamilton17 mi7.2% (±11.6 points)Not measurably different
Rockport20 mi0.0% (±46.1 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Garland County, place by place

RankPlaceRental vacancy rate
1Mountain Pine11.1% (±18.1 points)
2Hot Springs9.2% (±2.8 points)
3Lake Hamilton7.2% (±11.6 points)
4Hot Springs Village5.1% (±4.6 points)
5Piney2.5% (±4.2 points)
6 (tie)Fountain Lake0.0% (±45.6 points)
6 (tie)Lonsdale0.0% (±100.0 points)
6 (tie)Rockwell0.0% (±7.0 points)

Hot Springs Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Hot Springs Village

Is it hard to find a rental in Hot Springs Village?

The rental vacancy rate in Hot Springs Village, AR is 5.1% (±4.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Hot Springs Village tighter than it was?

In Hot Springs Village, the rental vacancy rate went from 21.5% in 2015–2019 to 5.1% in 2020–2024 (−16.4 percentage points), a measurable decrease.

How many homes are vacant in Hot Springs Village?

An estimated 1,243 (±278) housing units, 12.9% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hot Springs Village CDP, Arkansas (place:33482, in state:05).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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