salaryRent is lower than in 87% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are short, about 16.9 minutes.
How much money do I need?
To rent here comfortably, you should earn about $40,840 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Arkansas cities?
Yes. Rent here is cheaper than in most of Arkansas. It is number 31 of 71 cities from cheapest to most expensive.
How much do households earn in Hot Springs?
Share of households by yearly income. 11.6% of households earn $100,000 or more.
Rent by apartment size in Hot Springs
| Size | Hot Springs | U.S. average |
|---|---|---|
| Studio | $686 | $1,338 |
| 1 bedroom | $768 | $1,324 |
| 2 bedrooms | $995 | $1,509 |
| 3 bedrooms | $1,224 | $1,698 |
| 4 bedrooms | $2,247 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hot Springs overall?
Everyday prices in the Hot Springs metro area are 14% below the U.S. average (index 85.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Hot Springs
Life in Hot Springs
What jobs pay in Hot Springs
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $135,200 | 9.1% |
| Nurse Practitioner | $122,940 | 10.0% |
| Physician Assistant | $122,720 | 10.0% |
| Software Developer | $117,610 | 10.4% |
| Lawyer | $92,700 | 13.2% |
| Dental Hygienist | $82,970 | 14.8% |
| Registered Nurse | $78,590 | 15.6% |
| Computer Systems Analyst | $69,670 | 17.6% |
| Operations Manager | $62,810 | 19.5% |
| Accountant | $59,770 | 20.5% |
| Elementary School Teacher | $57,730 | 21.2% |
| Licensed Practical Nurse | $56,120 | 21.8% |
| Market Research Analyst | $50,950 | 24.0% |
| Plumber | $46,820 | 26.2% |
| Electrician | $46,650 | 26.3% |
| HVAC Technician | $46,630 | 26.3% |
| Police Officer | $44,850 | 27.3% |
| Truck Driver | $44,590 | 27.5% |
| Carpenter | $43,370 | 28.2% |
| Medical Assistant | $36,600 | 33.5% |
| Customer Service Representative | $34,150 | 35.9% |
| Warehouse Worker | $32,190 | 38.1% |
| Firefighter | $31,440 | 39.0% |
| Nursing Assistant | $29,940 | 40.9% |
| Restaurant Cook | $29,260 | 41.9% |
| Retail Salesperson | $27,890 | 43.9% |
| Cashier | $27,840 | 44.0% |
| Server (Waiter/Waitress) | $23,550 | 52.0% |
Is it cheaper to rent or buy in Hot Springs?
Renting is cheaper right now: about $127 a month less.
Owning assumes a typical $165,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,550 for the down payment.
Frequently asked questions
What is the average rent in Hot Springs, AR?
Renting in Hot Springs costs a median of about $1,021 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Hot Springs?
To keep rent under 30% of income, you need about $40,840 a year, or $20 an hour at a full-time job.
Is Hot Springs cheap or expensive?
Hot Springs is rated OK: rent takes 23.8% of the typical household income of $51,509. It ranks 31st cheapest of 71 Arkansas cities we track.
How much are property taxes in Hot Springs?
The median homeowner in Hot Springs pays $816 a year in property taxes, about 0.49% of the median home value.
Is Hot Springs more expensive than the national average?
Overall prices in the metro area are 14% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hot Springs?
The median home value in Hot Springs is $165,500, about 3.2 times the typical yearly household income.
37,920 people live in Hot Springs. Numbers are typical (middle) values.