What is the rental vacancy rate in Hot Springs, AR?
The rental vacancy rate in Hot Springs, AR is 9.2% (±2.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.7% (±1.2 points).
3,683 (±520) homes, 16.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Hot Springs, the rental vacancy rate went from 11.6% in 2015–2019 to 9.2% in 2020–2024 (−2.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 9.2% (±2.8 points)
- Homeowner vacancy rate
- 1.7% (±1.2 points)
- Vacant homes
- 3,683 (±520)
Vacancy in Hot Springs against Garland County, its state and the nation
| Hot Springs | Garland County | Arkansas | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 9.2% (±2.8 points) | 7.4% (±2.0 points) | 6.4% (±0.4 points) | 5.5% |
| Homeowner vacancy rate | 1.7% (±1.2 points) | 1.3% (±0.6 points) | 1.1% (±0.1 points) | 0.9% |
| Vacant housing units | 3,683 (±520) | 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, the rental vacancy rate is not measurably different from Garland County (7.4%).
It is not measurably different from Arkansas (6.4%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Hot Springs
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Hot Springs | — | 9.2% (±2.8 points) | — |
| Lake Hamilton | 4.4 mi | 7.2% (±11.6 points) | Not measurably different |
| Rockwell | 5.1 mi | 0.0% (±7.0 points) | Lower |
| Piney | 5.4 mi | 2.5% (±4.2 points) | Lower |
| Mountain Pine | 8.9 mi | 11.1% (±18.1 points) | Not measurably different |
| Fountain Lake | 11 mi | 0.0% (±45.6 points) | Not measurably different |
| Hot Springs Village | 13 mi | 5.1% (±4.6 points) | Not measurably different |
| Lonsdale | 14 mi | 0.0% (±100.0 points) | Not measurably different |
| Rockport | 15 mi | 0.0% (±46.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Rockwell, AR (0.0%), Piney, AR (2.5%).
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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Mountain Pine | 11.1% (±18.1 points) |
| 2 | Hot Springs | 9.2% (±2.8 points) |
| 3 | Lake Hamilton | 7.2% (±11.6 points) |
| 4 | Hot Springs Village | 5.1% (±4.6 points) |
| 5 | Piney | 2.5% (±4.2 points) |
| 6 (tie) | Fountain Lake | 0.0% (±45.6 points) |
| 6 (tie) | Lonsdale | 0.0% (±100.0 points) |
| 6 (tie) | Rockwell | 0.0% (±7.0 points) |
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
Is it hard to find a rental in Hot Springs?
The rental vacancy rate in Hot Springs, AR is 9.2% (±2.8 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 tighter than it was?
In Hot Springs, the rental vacancy rate went from 11.6% in 2015–2019 to 9.2% in 2020–2024 (−2.4 percentage points), not a measurable change.
How many homes are vacant in Hot Springs?
An estimated 3,683 (±520) housing units, 16.7% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hot Springs city, Arkansas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hot Springs city, Arkansas
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free 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 .
Related
- Housing in Hot Springs at a glance
- Median rent in Hot Springs
- Rent by bedrooms in Hot Springs
- Rent burden in Hot Springs
- Renters and owners in Hot Springs
- Income and affordability in Hot Springs
- Home values in Hot Springs
- Homeowner costs in Hot Springs
- Property taxes in Hot Springs
- Types of homes in Hot Springs
- Bedrooms in Hot Springs
- Age of homes 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 rental vacancy rate
- Housing data for every place in Arkansas