Real Estate Investing in Hot Springs, Arkansas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

6 ZIP codes • Population: 76,572 • Garland County

☆ Watch this market Free account

Should you buy in Hot Springs, AR? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.7% of homes vacant — above national norms.

What’s happening in Hot Springs, AR?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $79,053
Avg Monthly Rent $1,193
ZIP Codes 6

Investing in Hot Springs Real Estate

Hot Springs (Arkansas) spans 6 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Across Hot Springs's 6 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Market conditions in Hot Springs are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Distressed-leaning demographics in Hot Springs — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Hot Springs, AR

Hot Springs is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Hot Springs, AR. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Hot Springs, AR?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$79,053
Avg Monthly Rent
$1,193
1% Rule
✓ Passes
Landlord Friendly (AR)

📉 Market Crash Risk Index

Based on Hot Springs, AR metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
71%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Hot Springs, AR metro
0
Days to pending
6.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Hot Springs

3 Colleges 2,539 Students 1,315 Off-Campus Renters
C
National Park College
2-Year Public · 2,308 students
📍 ~1,315 students rent off-campus
C
Champion Christian College
4-Year Private · 139 students
D
Hot Springs Beauty College
Vocational For-Profit · 92 students

Investor Insight: With 1,315 students living off-campus, Hot Springs has substantial rental demand from the college population — typically stable, lease-renewing tenants.

Neighborhoods in Hot Springs

ZIP Codes in Hot Springs, AR

Screen every ZIP in Hot Springs

Filter Hot Springs’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Hot Springs, AR

How much is rent in Hot Springs, AR?

Average rent in Hot Springs, AR is approximately $1,193/mo per month. Against $79K home values that yields a reasonable rent-to-price ratio.

Can owner-occupants cash flow in Hot Springs, AR?

House hacking in Hot Springs, AR is a challenging. With home values around $79K and rents at $1,193/mo, owner-occupants can offset a meaningful share of PITI.

Is vacancy a concern in Hot Springs, AR?

Occupancy in Hot Springs, AR runs reliable with elevated vacancy. Well-priced units at $1,193/mo lease on reasonable timelines.

Where do home prices stand in Hot Springs, AR?

Expect median prices around $79K in Hot Springs, AR. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.

How does Hot Springs, AR stack up for property investment?

The 3.0/5 investability rating in Hot Springs, AR reflects its $79K prices and $1,193/mo rents. Investors generally consider it a solid option within AR.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Hot Springs, AR.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.