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44% Rent
vs
56% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Hot Springs, AR is 44% renters and 56% owners. The monthly average cost of rent in Hot Springs is $796 per month and the yearly average income is $58,055 per year. This compares to an average rent of $618 in AR and $1,003 in the US. This data was last updated in October 2023
Commuting to Work
Last Updated October 2023
Residents of Hot Springs, AR spend an average of 17.5 minutes commuting to work. 75% have short commutes under 20 minutes, 20% travel between 20 and 60 minutes, and 5% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Hot Springs, AR, 1% of residents rely on public transportation, 2% commute on foot, 0% use bicycles, and 97% opt for other modes such as cars and ride-sharing.
What is the average price for a 1 Bedroom + 1 Bathroom in Hot Springs?
The average price is $841.25.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Hot Springs?
The average price is $985.00.
What is the average monthly rent for Hot Springs?
Based on 2023 city data, the average monthly rent is $796.00.
What is the average commute time?
Based on 2017 city data, the average commute is 17.5 mins.