Hot Springs, AR at a glance
Median household income
$47,760$3,980 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Hot Springs, AR?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Hot Springs, AR? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Hot Springs, AR MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $829 | $9,948 | $33,160 | 20.8% |
| 1-Bedroom Apartment | $834 | $10,008 | $33,360 | 21% |
| 2-Bedroom ApartmentBenchmark | $1,090 | $13,080 | $43,600 | 27.4% |
| 3-Bedroom Home | $1,393 | $16,716 | $55,720 | 35% |
| 4-Bedroom Home | $1,670 | $20,040 | $66,800 | 42% |
What a typical income covers in Hot Springs, AR
The 50/30/20 rule applied to the local median of $47,760 a year ($3,980 a month before tax).
What $47,760 leaves after Arkansas taxes
Federal income tax, Social Security, Medicare and Arkansas tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Arkansas
Living in Hot Springs, AR: common questions
What is the median household income in Hot Springs, AR?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hot Springs, AR is $47,760 per year (approximately $3,980 per month).
What is the average rent in Hot Springs, AR?
The closest official figure is HUD's Fair Market Rent for 2026: $829 for a studio, $834 for one bedroom, $1,090 for two, $1,393 for three and $1,670 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Hot Springs, AR expensive to live in?
Prices there run 14.3% below the U.S. average. BEA's regional price parity for the metro area is 85.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Hot Springs, AR?
To keep a $1,090 two-bedroom under 30% of gross income, a household needs about $43,600 a year, or $3,633 a month. That is 91% of what the typical household in Hot Springs, AR earns.
How much do you need to live comfortably in Hot Springs, AR?
On the local median income of $47,760 ($3,980 a month before tax), the 50/30/20 rule leaves $1,990 a month for needs like rent, utilities and groceries, $1,194 for everything else and $796 for savings or debt. A two-bedroom at $1,090 takes 55% of the needs share.
How much is the electric bill in Hot Springs, AR?
Homes in Arkansas paid 14.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $127. Your bill depends mostly on heating and cooling.