Rentometer, Inc. | Data as of 10/23/2025
Hot Springs, Arkansas offers a vibrant rental market that blends historic charm with modern convenience. Whether you’re drawn to the iconic Bathhouse Row, the scenic shoreline of Lake Hamilton, or the nearby Ouachita National Forest, the city’s diverse neighborhoods provide a variety of living options. Downtown apartments give easy access to cultural venues, craft breweries, and boutique shops, while the residential pockets of West Mountain and Hillcrest present quieter streets with easy freeway connections to the surrounding mountains.
The local rental landscape features both apartments and single‑family homes, catering to a range of family sizes and lifestyles. One‑bedroom apartments typically rent in the $400‑$900 range, while two‑ and three‑bedroom units often sit near the $1,100 and $1,400 marks respectively. For those seeking more space, houses range from modest one‑bedroom rentals around $850 to larger four‑plus bedroom homes approaching $1,700, with averages reflecting the city’s affordable yet comfortable cost of living. These price points make Hot Springs an appealing option for young professionals, retirees, and families alike.
Beyond its rental appeal, Hot Springs boasts attractions such as Hot Springs National Park, historic arcades, and a thriving arts scene that enrich everyday life. The blend of natural beauty, recreational opportunities, and a friendly community creates a welcoming environment for renters looking to enjoy the best of Arkansas living while staying within a reasonable budget.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $4,363 | $902 | $600 - $75,000 | $845 - $1,220 |
| Apartment | 2 Bedroom | $1,145 | $1,075 | $725 - $1,785 | $975 - $1,250 |
| Apartment | 3 Bedroom | $1,455 | $1,430 | $995 - $1,950 | $1,035 - $1,890 |
| House | 1 Bedroom | $1,071 | $850 | $725 - $1,750 | $775 - $1,350 |
| House | 2 Bedroom | $1,285 | $1,125 | $750 - $2,900 | $990 - $1,398 |
| House | 3 Bedroom | $1,638 | $1,525 | $900 - $3,400 | $1,295 - $1,850 |
| House | 4+ Bedroom | $1,996 | $1,700 | $1,195 - $3,000 | $1,550 - $2,600 |
In the current period, the average rent in Hot Springs was
$3,569 for 1 Bedroom,
$1,246 for 2 Bedroom,
$1,623 for 3 Bedroom, and
$1,997 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.