What is the median rent in Lake Hamilton, AR?
The median gross rent in Lake Hamilton, AR is $1,129 (±$189) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 205 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Hamilton, the median gross rent went from $751 in 2015–2019 to $1,129 in 2020–2024 (+50.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,129 (±$189)
- Rented homes
- 205 (±97)
- $2,000 or more
- 18.0%
- Since 2015–2019
- +50.3%
How much rent costs in Lake Hamilton
| Monthly gross rent | Lake Hamilton | Garland County | Arkansas | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±17.6 points) | 9.5% | 10.1% | 6.3% |
| $500 to $999 | 35.1% (±20.3 points) | 44.9% | 45.9% | 20.2% |
| $1,000 to $1,499 | 32.7% (±22.5 points) | 36.1% | 31.6% | 28.1% |
| $1,500 to $1,999 | 14.1% (±17.9 points) | 5.2% | 9.0% | 21.1% |
| $2,000 to $2,499 | 18.0% (±19.8 points) | 1.7% | 1.8% | 12.0% |
| $2,500 to $2,999 | 0.0% (±17.6 points) | 0.4% | 0.7% | 5.5% |
| $3,000 or more | 0.0% (±17.6 points) | 2.3% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 35.1% of renting households.
18.0% of rented homes in Lake Hamilton cost $2,000 or more a month.
Lake Hamilton against Garland County, its state and the nation
| Lake Hamilton | Garland County | Arkansas | United States | |
|---|---|---|---|---|
| Median gross rent | $1,129 (±$189) | $966 (±$27) | $947 (±$6) | $1,413 |
| Rented homes paying rent | 205 (±97) | 12,236 (±806) | 368,025 (±3,936) | 42,849,984 |
In Lake Hamilton, median gross rent is not measurably different from Garland County ($966).
It is not measurably different from Arkansas ($947).
It is lower than the national figure ($1,413).
In Garland County, Lake Hamilton ranks 2 of 6 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 32 of 403.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Hamilton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $751 (±$41) | $1,129 (±$189) | +50.3% | Up after inflation |
| Households that rent | 38.1% (±20.3 points) | 27.0% (±11.4 points) | −11.1 percentage points | Not a measurable change |
| Rental vacancy rate | 24.8% (±16.7 points) | 7.2% (±11.6 points) | −17.6 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 Lake Hamilton
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Hamilton | — | $1,129 (±$189) | — |
| Rockwell | 4.1 mi | $1,009 (±$240) | Not measurably different |
| Hot Springs | 4.4 mi | $914 (±$33) | Lower |
| Piney | 6.4 mi | $971 (±$135) | Not measurably different |
| Mountain Pine | 11 mi | $624 (±$117) | Lower |
| Friendship | 15 mi | $694 (±$252) | Lower |
| Malvern | 15 mi | $764 (±$43) | Lower |
| Rockport | 15 mi | $844 (±$89) | Lower |
| Donaldson | 16 mi | $924 (±$366) | Not measurably different |
Nearby places with a measurably lower figure: Hot Springs, AR ($914), Mountain Pine, AR ($624), Friendship, AR ($694).
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) |
Lake Hamilton 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 Lake Hamilton
What is the average rent in Lake Hamilton, AR?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Hamilton is $1,129 (±$189) 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 Lake Hamilton?
In Lake Hamilton, the median gross rent went from $751 in 2015–2019 to $1,129 in 2020–2024 (+50.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Lake Hamilton cost more than $2,000 a month?
18.0% of rented homes in Lake Hamilton have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lake Hamilton higher than in Garland County?
In Lake Hamilton, median gross rent is not measurably different from 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 — Lake Hamilton CDP, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Hamilton CDP, Arkansas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Hamilton CDP, 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 Lake Hamilton CDP, Arkansas (place:37930, 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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- Renters and owners in Lake Hamilton
- Income and affordability in Lake Hamilton
- Home values in Lake Hamilton
- Homeowner costs in Lake Hamilton
- Property taxes in Lake Hamilton
- Types of homes in Lake Hamilton
- Bedrooms in Lake Hamilton
- Age of homes in Lake Hamilton
- Heating fuel in Lake Hamilton
- Commute and cars in Lake Hamilton
- Population growth in Lake Hamilton
- How long people stay in Lake Hamilton
- Arkansas landlord and tenant rules
- Housing across Garland County
- Arkansas places ranked by median rent
- Housing data for every place in Arkansas