What is the median rent in Hot Springs, AR?
The median gross rent in Hot Springs, AR is $914 (±$33) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 7,389 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Hot Springs, the median gross rent went from $727 in 2015–2019 to $914 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $914 (±$33)
- Rented homes
- 7,389 (±616)
- $2,000 or more
- 3.3%
- Since 2015–2019
- +25.7%
How much rent costs in Hot Springs
| Monthly gross rent | Hot Springs | Garland County | Arkansas | United States |
|---|---|---|---|---|
| Less than $500 | 15.0% (±3.6 points) | 9.5% | 10.1% | 6.3% |
| $500 to $999 | 46.0% (±5.0 points) | 44.9% | 45.9% | 20.2% |
| $1,000 to $1,499 | 32.4% (±4.6 points) | 36.1% | 31.6% | 28.1% |
| $1,500 to $1,999 | 3.3% (±1.8 points) | 5.2% | 9.0% | 21.1% |
| $2,000 to $2,499 | 1.4% (±0.9 points) | 1.7% | 1.8% | 12.0% |
| $2,500 to $2,999 | 0.5% (±0.5 points) | 0.4% | 0.7% | 5.5% |
| $3,000 or more | 1.4% (±1.1 points) | 2.3% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 46.0% of renting households.
3.3% of rented homes in Hot Springs cost $2,000 or more a month.
Hot Springs against Garland County, its state and the nation
| Hot Springs | Garland County | Arkansas | United States | |
|---|---|---|---|---|
| Median gross rent | $914 (±$33) | $966 (±$27) | $947 (±$6) | $1,413 |
| Rented homes paying rent | 7,389 (±616) | 12,236 (±806) | 368,025 (±3,936) | 42,849,984 |
In Hot Springs, median gross rent is lower than in Garland County ($966).
It is not measurably different from Arkansas ($947).
It is lower than the national figure ($1,413).
In Garland County, Hot Springs ranks 5 of 6 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 94 of 403.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Hot Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $727 (±$26) | $914 (±$33) | +25.7% | No measurable change after inflation |
| Households that rent | 45.3% (±2.6 points) | 43.0% (±2.6 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 11.6% (±2.8 points) | 9.2% (±2.8 points) | −2.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Hot Springs
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Hot Springs | — | $914 (±$33) | — |
| Lake Hamilton | 4.4 mi | $1,129 (±$189) | Higher |
| Rockwell | 5.1 mi | $1,009 (±$240) | Not measurably different |
| Piney | 5.4 mi | $971 (±$135) | Not measurably different |
| Mountain Pine | 8.9 mi | $624 (±$117) | Lower |
| Hot Springs Village | 13 mi | $1,209 (±$151) | Higher |
| Rockport | 15 mi | $844 (±$89) | Not measurably different |
| Malvern | 15 mi | $764 (±$43) | Lower |
| Perla | 18 mi | $665 (±$264) | Not measurably different |
Nearby places with a measurably lower figure: Mountain Pine, AR ($624), Malvern, AR ($764).
Nearby places with a measurably higher figure: Lake Hamilton, AR ($1,129), Hot Springs Village, AR ($1,209).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Garland County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Hot Springs Village | $1,209 (±$151) |
| 2 | Lake Hamilton | $1,129 (±$189) |
| 3 | Rockwell | $1,009 (±$240) |
| 4 | Piney | $971 (±$135) |
| 5 | Hot Springs | $914 (±$33) |
| 6 | Mountain Pine | $624 (±$117) |
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
What is the average rent in Hot Springs, AR?
The Census Bureau publishes the median rather than the average: the median gross rent in Hot Springs is $914 (±$33) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Hot Springs?
In Hot Springs, the median gross rent went from $727 in 2015–2019 to $914 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Hot Springs cost more than $2,000 a month?
3.3% of rented homes in Hot Springs have a gross rent of $2,000 or more a month, and 15.0% cost less than $500.
Is rent in Hot Springs higher than in Garland County?
In Hot Springs, median gross rent is lower than in Garland County ($966).
It is not measurably different from Arkansas ($947).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hot Springs city, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hot Springs city, Arkansas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hot Springs city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 city, Arkansas (place:33400, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
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- Property taxes in Hot Springs
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- Bedrooms in Hot Springs
- Age of homes in Hot Springs
- Vacancy rate in Hot Springs
- Heating fuel in Hot Springs
- Commute and cars in Hot Springs
- Population growth in Hot Springs
- How long people stay in Hot Springs
- Crowding and facilities in Hot Springs
- Arkansas landlord and tenant rules
- Housing across Garland County
- Arkansas places ranked by median rent
- Housing data for every place in Arkansas