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Rental Market Trends in Hot Springs Village, AR

What is the average rent in Hot Springs Village, AR?

$542/month

Average Rent

500 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of July 2025, the average rent in Hot Springs Village, AR is $542 per month. This is 67% lower than the national average rent of $1,636/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, $542 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
One Bedroom
$542/month
500 Sq Ft
Two Bedroom
$579/month
675 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Hot Springs Village, AR
Last Updated July 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Hot Springs Village, AR
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 $542, you’ll want to make about $1,806 per month or $21,672 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.

Cost of Living

The cost of living in Hot Springs Village, AR is 5.1% higher than the national average. Generally, housing in Hot Springs Village is 22.3% less expensive than the national average, with rent falling between $0 - $579. You can expect to pay 7.6% less for groceries, 9.8% less for utilities, and 3.8% more for transportation.

City

Hot Springs Village, AR

7 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Hot Springs Village, AR

Apartment Averages

Nearby City Rent Trends

  • Hot Springs Average Rent

Apartment communities in Hot Springs Village we think you'll love

6 Palo Mastil Ln

6 Palo Mastil Ln

6 Palo Mastil Ln,
Hot Springs Village, AR 71909

2 Beds | $1,500

12 Promesa Ln

12 Promesa Ln

12 Promesa Ln,
Hot Springs Village, AR 71909

3 Beds | $2,300

12 San Pablo Way

12 San Pablo Way

12 San Pablo Way,
Hot Springs, AR 71909

3 Beds | $1,850

4 Rodriguez Trce

4 Rodriguez Trce

4 Rodriguez Trce,
Hot Springs, AR 71909

3 Beds | $2,150

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United States Arkansas Hot Springs Village Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity