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RentData.org Logo Hot Spring County Fair Market Rent FY 2020 Hot Spring County, AR Rental Data

Fair Market Rent Prices in Hot Spring County, AR :
$461 $520 $633 $831 $1,044
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Hot Spring County are very low compared to the national average. This FMR area is less expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hot Spring County is $633 per month.

The previous year, rent for a two-bedroom home was $662 per month. This is a 4.38% decrease year-over-year.

This FMR rate applies to Friendship, AR, Donaldson, AR, Glenwood, AR and other cities within the region. The Metro Code or CBSA code for this region is NCNTY05059N05059.

Additionally, This Fair Market Rent (FMR) area Hot Spring County, AR spans one county or city in Arkansas which is listed in the table below. Estimated population of Hot Spring County, AR FMR area is 33,480 people based on latest Census data.

Compared to the rest of Arkansas, the Hot Spring County FMR area is more expensive than 61% of the state.

Arkansas Rents Map

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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 Spring County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hot Spring County

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 $ 495
1-BR 1-Bedroom $ 559
2-BR 2-Bedroom $ 680
3-BR 3-Bedroom $ 893
4-BR 4-Bedroom $ 1122
Change Year:

There is just one county (listed below) within the Hot Spring County, AR FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Little Rock - Pine Bluff.

County / Region Est. Population
Hot Spring County, AR 33,480
Zip Codes in Hot Spring County, AR

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

71941, 71942 and 71943

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