salaryRent is higher than in 88% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (87.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $105,640 a year. That is $51 an hour at a full-time job.
Is rent cheaper than other Arkansas cities?
No. Rent here is more expensive than in most of Arkansas. It is number 71 of 71 cities from cheapest to most expensive.
How much do households earn in Hot Springs Village?
Share of households by yearly income. 21.7% of households earn $100,000 or more.
Rent by apartment size in Hot Springs Village
| Size | Hot Springs Village | U.S. average |
|---|---|---|
| Studio | $3,500+ | $1,338 |
| 1 bedroom | $2,854 | $1,324 |
| 2 bedrooms | $1,167 | $1,509 |
| 3 bedrooms | $1,530 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hot Springs Village overall?
Everyday prices in Arkansas overall are 13% below the U.S. average (index 86.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hot Springs Village, so the Arkansas figure is shown.
Taxes and bills in Hot Springs Village
Life in Hot Springs Village
Is it cheaper to rent or buy in Hot Springs Village?
Buying is cheaper month to month: about $754 a month less than renting.
Owning assumes a typical $272,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,200 for the down payment.
Frequently asked questions
What is the average rent in Hot Springs Village, AR?
Renting in Hot Springs Village costs a median of about $2,641 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Hot Springs Village?
To keep rent under 30% of income, you need about $105,640 a year, or $51 an hour at a full-time job.
Is Hot Springs Village cheap or expensive?
Hot Springs Village is rated Expensive: rent takes 39.0% of the typical household income of $81,287. It ranks 71st cheapest of 71 Arkansas cities we track.
How much are property taxes in Hot Springs Village?
The median homeowner in Hot Springs Village pays $1,367 a year in property taxes, about 0.50% of the median home value.
Is Hot Springs Village more expensive than the national average?
Overall prices in Arkansas are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hot Springs Village?
The median home value in Hot Springs Village is $272,000, about 3.3 times the typical yearly household income.
16,327 people live in Hot Springs Village. Numbers are typical (middle) values.