Cheap Homes for Rent in Hot Springs, AR from $700 (18 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Hot Springs, AR Local Guide

Cheapest Available Hot Springs Apartments for Rent

 

The cheapest available apartment rental in Hot Springs, AR is a 1 Bed unit found at Higdon Ferry Apartments priced from $780. Grand Point Bay Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable Hot Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$780
Grand Point Bay Apartments2 Bedroom2BR,1BA$825
Chapel Ridge of Hot Springs1/11BR,1BA$850
Ashley Kate Apartments2BR/1BA2BR,1BA$850
Indiandale Apartments2.2L2BR,2BA$900

Best Value Apartments for Rent in Hot Springs, AR

As of December 29, 2025 the best value apartment in the Hot Springs area is the $0.78 price per square foot 3 bed 1 bath Model at 125 Oak Street apartments in the starting from $1,400. The second greatest value Hot Springs apartment is the 3Bed2Bath Model at Earl’s Point Condominiums starting at $1,400 with a $0.97 price per square foot . Here is today’s list of the best values for Hot Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
125 Oak Street apartments3 bed 1 bath3BR,1BA$0.78
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.97
The Pointe! at Hot SpringsTwo Bedroom2BR,2BA$1.11
Grand Point Bay Apartments2 Bedroom2BR,1.5BA$0.83
Indiandale Apartments2.2L2BR,2BA$0.92
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Village Square of Hot SpringsThe Cove2BR,1BA$1.21
Higdon Ferry ApartmentsFully Furnished Cabana - Available for Short- o...Studio ,1BA$2.00
Chapel Ridge of Hot Springs1/11BR,1BA$1.26
The HamiltonIron Horse Corporate SuiteStudio ,1BA$4.13

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Hot Springs, AR Rentals by Map

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Frequently Asked Questions about Hot Springs

What type of rentals are currently available in Hot Springs?

There are currently 129 Apartments for Rent in Hot Springs, AR with pricing that ranges from $600 to $2,500. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $750 to $4,200.

What is the current price range for Rental Homes in Hot Springs?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hot Springs ranges from $750 to $4,200 with an average monthly rent of $1,750.

How much are larger Three and Four Bedroom Rentals in Hot Springs?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hot Springs range from $995 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!