Cheap Homes for Rent in Hot Springs, AR from $800 (28 Rentals)

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Search the lowest-cost Homes available for rent right now in Hot Springs.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 326 Sanford St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

326 Sanford St

Hot SpringsAR71901

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1015 Hobson Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1015 Hobson Ave

Hot SpringsAR71913

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-28, Page 1 of 1

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 Indiandale Apartments priced from $775. Ashley Kate Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Hot Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indiandale Apartments1.1L R1BR,1BA$775
Ashley Kate Apartments2BR/1BA2BR,1BA$850
Earl’s Point Condominiums1Bed2Bath1BR,2BA$900
125 Oak Street apartments1 bed 1 bath1BR,1BA$950
815 Park Ave1 Beds, 1 Baths1BR,1BA$950
Chapel Ridge of Hot Springs2/22BR,2BA$975
Village Square of Hot SpringsThe Bay1BR,1BA$1,014
122 Havelock Pl2 Beds, 2 Baths2BR,2BA$1,690

Best Value Apartments for Rent in Hot Springs, AR

As of August 18, 2026 the best value apartment in the Hot Springs area is the $1.03 price per square foot 3 bed 2 bath Model at 125 Oak Street apartments in the starting from $1,850. The second greatest value Hot Springs apartment is the 2 Beds, 2 Baths Model at 122 Havelock Pl starting at $1,690 with a $0.95 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 2 bath3BR,2BA$1.03
122 Havelock Pl2 Beds, 2 Baths2BR,2BA$0.95
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Chapel Ridge of Hot Springs2/22BR,2BA$1.04
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
The HamiltonTriple Crown Corporate Suite1BR,1BA$1.78
Village Square of Hot SpringsThe Bay1BR,1BA$1.49
Indiandale Apartments1.1L R1BR,1BA$1.26
815 Park Ave1 Beds, 1 Baths1BR,1BA$1.98

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 134 Apartments for Rent in Hot Springs, AR with pricing that ranges from $600 to $3,000. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $800 to $3,500.

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 $800 to $3,500 with an average monthly rent of $1,621.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.