Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hot Springs Village area can be challenging. Home prices in Hot Springs Village are now at a median cost of $203,883, higher than the Arkansas average of $160,541.
The average cost of rent is $1,423/mo in Hot Springs Village, primarily driven by the current value of real estate in the Hot Springs Village area. While nearly 58.35% of residents own their homes outright in Hot Springs Village, 15.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hot Springs Village is $4,958 per month. Households that rent pay about 28.70% of their income on rent here. Hot Springs Village's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Fountain Lake, AR: equally priced homes
- Euclid Heights, AR: less expensive homes
- Blakely, AR: less expensive homes
- Lonsdale, AR: less expensive homes
- Jessieville, AR: less expensive homes
- Owensville, AR: equally priced homes
- Mountain Pine, AR: less expensive homes
- Piney, AR: less expensive homes
- Paron, AR: equally priced homes
- Mount Tabor, AR: less expensive homes
Cities with Similar Populations
- Scottsbluff, NE: less expensive homes
- Farmington, CT: higher priced homes
- Farmingville, NY: higher priced homes
- Fergus Falls, MN: less expensive homes
- Four Corners, OR: higher priced homes
- Franklin Park, IL: equally priced homes
- Greensburg, IN: less expensive homes
- Red Wing, MN: equally priced homes
- Robstown, TX: less expensive homes
- Safety Harbor, FL: higher priced homes
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