Rentometer, Inc. | Data as of 12/04/2025
Hot Springs, Arkansas, offers a diverse rental market that caters to a wide range of lifestyles, from historic downtown apartments to spacious family homes in quiet suburbs. The city’s vibrant cultural scene, anchored by the world‑renowned Hot Springs National Park and the iconic Bathhouse Row, draws professionals, retirees, and students alike. Neighborhoods such as Downtown Hot Springs provide walk‑able access to boutique shops, dining, and entertainment, while areas like West Mountain and Mid‑City deliver a more residential feel with easy access to outdoor recreation at Lake Hamilton and Garvan Woodland Gardens.
Leasing options in Hot Springs span from cozy one‑bedroom apartments to large four‑plus‑bedroom houses, allowing renters to match their space needs and budget. One‑bedroom units typically fall in the $900‑$1,100 range, while two‑bedroom apartments and houses often sit between $1,080 and $1,300. Larger homes with three or more bedrooms are commonly found in the $1,500‑$2,000 bracket, reflecting the city’s blend of historic properties and modern developments. These price points make the market attractive for both first‑time renters and families seeking more room without compromising on affordability.
Beyond housing, Hot Springs boasts a robust array of amenities that enhance the rental experience. Residents enjoy year‑round festivals, a lively art scene, and abundant trail systems that wind through the Ouachita Mountains. Proximity to major highways and a growing downtown business district also supports convenient commutes and thriving local employment. Whether you’re looking for a stylish apartment near the park or a spacious house in a tranquil neighborhood, Hot Springs’ rental market provides a welcoming range of choices in a city known for its natural beauty and historic charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,087 | $922 | $600 - $2,125 | $850 - $1,325 |
| Apartment | 2 Bedroom | $1,192 | $1,190 | $725 - $1,866 | $960 - $1,275 |
| Apartment | 3 Bedroom | $1,461 | $1,450 | $995 - $1,950 | $1,035 - $1,890 |
| House | 1 Bedroom | $1,071 | $850 | $725 - $1,750 | $775 - $1,350 |
| House | 2 Bedroom | $1,288 | $1,150 | $750 - $2,900 | $995 - $1,398 |
| House | 3 Bedroom | $1,628 | $1,525 | $900 - $3,400 | $1,295 - $1,850 |
| House | 4+ Bedroom | $1,990 | $1,750 | $1,195 - $3,000 | $1,550 - $2,600 |
In the current period, the average rent in Hot Springs was
$1,084 for 1 Bedroom,
$1,257 for 2 Bedroom,
$1,613 for 3 Bedroom, and
$1,990 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.