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Affordable & Income-Based Housing in Hot Springs

Hot Springs, AR has 23 affordable and income-based rental properties totaling 1,414 units across the city. With a median market rent of $1,209 per month (Census ACS 5-Year, 2024), these income-based options can offer meaningful savings for qualifying renters. Property conditions are generally strong, with 11 of 13 scored buildings rated excellent.

23
Properties
1,414
Total units
91/100
Avg HUD score

At a glance

🏠 Affordability
$1,209/mo

Affordability in Hot Springs, AR

According to Census ACS 5-Year data (as of 2024), the median gross rent in Hot Springs is $1,209 per month and the median household income is $75,370 per year. About 12% of households in the city are renters, meaning income-based and HUD-assisted housing options serve an important share of the local market.

Census ACS 5-Year
🛡️ Safety
524 / 100k · 2024

Safety

According to FBI Crime Data Explorer, the Hot Springs Police Department reported a violent crime rate of 524 per 100,000 residents in 2024. Crime rates are not comparable across cities due to differences in reporting practices and local definitions.

For flood risk, 1 of the 13 HUD-assisted properties in Hot Springs is located in a high-risk flood zone, based on flood map data.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 82 · Very Walkable

Getting Around Hot Springs

According to Walk Score, the area around assisted properties in Hot Springs rates 82 (Very Walkable), meaning most errands can be accomplished on foot. A Bike Score of 36 reflects some cycling infrastructure, though conditions vary by route.

  • Walk Score: 82 - Very Walkable
  • Bike Score: 36

No Transit Score is available for this area. Residents who rely on public transportation or do not own a vehicle should confirm local bus routes and schedules directly before choosing a property.

Walk Score
🎓 Schools
17 schools · 5 districts

Schools

According to NCES Common Core of Data, 17 public schools across 5 districts serve Hot Springs, including 8 elementary, 4 middle, and 5 high schools. Quality and programs vary by school and district, so renters should check the assigned schools for their specific address before signing a lease.

NCES Common Core of Data
📊 Cost of living
$75,370 median income

Cost of Renting in Hot Springs, AR

The median household income in Hot Springs is $75,370 per year, according to Census ACS 5-Year data. The median asking rent citywide is $1,209 per month, according to the same source.

Income-based and HUD-assisted housing in Hot Springs can offer significantly lower monthly costs for eligible renters, with rents typically tied to a percentage of your household income rather than market rates.

  • Median household income: $75,370/year (Census ACS 5-Year)
  • Median market rent: $1,209/month (Census ACS 5-Year)
  • Assisted properties in this city: 13 buildings, 582 total units
Census ACS 5-Year
🌊 Environment & risk

Environmental & Flood Risk

Of the 13 HUD-assisted properties in Hot Springs mapped for flood risk, only 1 falls in a high-risk flood zone. Flood exposure across this portfolio is low overall.

FEMA · EPA AirNow
HUD Inspection Scoresavg 91/100(13 of 23 scored)
90+ (11)70–89 (1)<60 (1)No score (10)

23 properties on the map

Top-rated properties

Browse all 23 affordable apartments in Hot Springs

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About Affordable Housing in Hot Springs, AR

Hot Springs has 13 HUD-assisted and income-based properties offering 582 total units across the city. The majority of scored properties fall into the excellent range, with 11 out of 13 rated properties earning that designation based on HUD inspection data.

The median asking rent in Hot Springs is $1,209 per month according to Census ACS 5-Year data (as of 2024), making income-restricted housing a meaningful option for renters looking to reduce housing costs. The city's median household income is $75,370 annually, also per Census ACS 5-Year data (as of 2024).

Roughly 12 percent of households in Hot Springs are renters, according to Census ACS 5-Year data (as of 2024), so the available affordable inventory serves a smaller but important share of the local population.

Hot Springs scores 82 (Very Walkable) according to Walk Score, which can make day-to-day errands more accessible for residents without a car. The bike score is 36, per Walk Score.

The violent crime rate reported by the Hot Springs Police Department was 524 per 100,000 residents in 2024, according to the FBI Crime Data Explorer. Prospective renters are encouraged to research specific neighborhoods when evaluating individual properties.

Of the 13 properties mapped for flood risk, 1 is located in a high-risk flood zone. Renters considering those properties should ask about flood insurance requirements.

A deeper look at Hot Springs is coming. Our in-depth guide will walk through what renters should know about finding and applying for affordable housing in this city.

Eligibility & how to apply

Helpful guides

Research: what 22,600 HUD inspection scores reveal →