The Hamilton
200 Modern Ave,
Hot Springs national Park, AR 71913
Studio - 3 Beds | $1,240 - $2,500
Rental Market Trends in Hot Springs National Park, AR
What is the average rent in Hot Springs National Park, AR?
$1,217/month
Average Rent
675 Sq Ft
Average Apartment Size
+8.6%
Increase in the Last Year
As of May 2025, the average rent in Hot Springs National Park, AR is $1,217 per month. This is 25% lower than the national average rent of $1,625/month, making renting in Hot Springs National Park more affordable than most cities in the US. When you rent an apartment in Hot Springs National Park, you can expect to pay about $701 per month for a studio, $1,217 for a one-bedroom apartment, and around $1,227 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,247 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 National Park, AR?
In the past year, rent has increased by 8.6%, which averages out to $105 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 May 2025
Legend
2024
2025
Rent Ranges in Hot Springs National Park, AR
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
50%
$700 - $1,000/month
25%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Hot Springs National Park, AR?
Because the average rent in Hot Springs National Park is $1,217, you’ll want to make about $4,056 per month or $48,672 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.
How does Hot Springs National Park, AR compare to other nearby cities and neighborhoods?
Use the tool below to compare Hot Springs National Park, 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
† 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 February 2025.
* Percentages may not total 100 due to rounding.