24 Jumilla Ln
24 Jumilla Ln,
Hot Springs, AR 71909
2 Beds | $1,200
Rental Market Trends in Hot Springs Village, AR
What is the average rent in Hot Springs Village, AR?
$541/month
Average Rent
500 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of December 2024, the average rent in Hot Springs Village, AR is $541 per month. This is 65% lower than the national average rent of $1,560/month, making renting in Hot Springs Village more affordable than most cities in the US. When you rent an apartment in Hot Springs Village, you can expect to pay about per month for a studio, $541 for a one-bedroom apartment, and around $579 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hot Springs Village, AR?
In the past year, rent has increased by 0.8%, which averages out to $5 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Hot Springs Village, AR
Last Updated December 2024
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
100%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Hot Springs Village, AR?
Because the average rent in Hot Springs Village is $541, you’ll want to make about $1,803 per month or $21,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Hot Springs Village, AR compare to other nearby cities and neighborhoods?
Use the tool below to compare Hot Springs Village, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.