Hot Springs
Arkansas · Ranked #172 of 373 metros
78Affordable
💡
Housing in Hot Springs costs 4.23× the median income, below the national average of 4.5×. The median home price is $221K and median rent is $944/month. Hot Springs ranks #172 of 373 metros for affordability.
Median Home Price
🏠$221K
Need $65K income
Median Rent
🔑$944
Need $38K income
Building Permits
🔨111
annual
Median Income
💰$52K
Pop: 114,465
Rent Burden
⚠️23.2%
of renters paying >30%
Homeownership
🏡67.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Hot Springs | National |
|---|---|---|
| Price-to-Income Ratio | 4.23x | 6.1x |
| Rent Burden | 23.2% | 31.5% |
| Homeownership Rate | 67.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +73.1%Since 2000: +196.9%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$829/mo
1 Bedroom$834/mo
2 Bedroom$1,090/mo
3 Bedroom$1,393/mo
4 Bedroom$1,670/mo
Zillow Market Data
Home Value (ZHVI)
$239K
1yr: -0.8%5yr: +39.3%
Rent (ZORI)
$1,261/mo
1yr: +3.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$269K
Active Inventory
153
Days on Market
71
Sold Above List
0.0%
Price Drops
19.0%