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RentData.org Logo Hot Springs Fair Market Rent FY 2011 Hot Springs, AR MSA Rental Data

Fair Market Rent Prices in Hot Springs, AR :
$419 $519 $646 $806 $831
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Hot Springs are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hot Springs is $646 per month.

The previous year, rent for a two-bedroom home was $621 per month. This is a 4.03% increase year-over-year.

This FMR rate applies to Bonnerdale, AR, Lonsdale, AR, Jessieville, AR, Mountain Pine, AR, Pearcy, AR, Royal, AR, Lavaca, AR, Hot Springs Village, AR, Malvern, AR, Hot Springs National Park, AR and other cities within the region. The Metro Code or CBSA code for this region is METRO26300M26300.

Additionally, This Fair Market Rent (FMR) area Hot Springs, AR MSA spans one county or city in which is listed in the table below. Estimated population of Hot Springs, AR MSA FMR area is 88,068 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Hot Springs. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hot Springs

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 461
1-BR 1-Bedroom $ 577
2-BR 2-Bedroom $ 712
3-BR 3-Bedroom $ 917
4-BR 4-Bedroom $ 946
Change Year:

There is just one county (listed below) within the Hot Springs, AR MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Little Rock - Pine Bluff and Ft. Smith - Fay - Sprngdl - Rgrs.

County / Region Est. Population
Garland County, AR Metro 88,068
Zip Codes in Hot Springs, AR MSA

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

71901, 71902, 71903, 71909, 71910, 71913, 71914, 71933, 71949, 71956, 71964, 71968, 72087, 72104 and 72941

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