Hot Springs Village, Arkansas Short-Term Rental Market
Hot Springs Village AR STRs averaged $245/night at 41.3% occupancy in April 2026, with revenue up 8.3% year-over-year.
Quick Answer: Hot Springs Village, Arkansas is an active short-term rental market. average occupancy is 41%. average monthly revenue is $3,028. average daily rate is $245. the top operator is Evolve with 257 listings. market score is 84/100 (grade B).
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
The Hot Springs Village, AR short-term rental market posted an average daily rate of $245 and occupancy of 41.3% in April 2026, generating average monthly revenue of $3,028 per listing. RevPAR reached $101. Year-over-year performance shows consistent improvement: occupancy rose 6.0 percentage points, ADR gained 2.4%, and revenue increased 8.3%.
Hot Springs Village is the largest gated community in the United States, spanning approximately 26,000 acres in the Ouachita Mountains. Non-residents access the gated Village only as paying lodging guests or by invitation from a property owner, creating a naturally controlled supply environment. The STR inventory is heavily concentrated in entire-place accommodations (3,357 listings), with private rooms at 52 and shared rooms at 1. Bedroom distribution skews toward 2-bedroom units (1,061), the most common, followed by 1-bedroom (905), 3-bedroom (798), 4-bedroom (354), and 5-bedroom (289). Channel distribution shows heavy cross-listing: 2,157 listings appear on both Airbnb and VRBO, more than Airbnb-only (906) or VRBO-only (347) individually. Market scores include a total of 84/100, revenue growth of 94/100, and investability of 92/100.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 26% | $169 | $1,438 |
| Feb | 38% | $184 | $1,683 |
| Mar | 57% | $215 | $3,271 |
| Apr | 42% | $210 | $2,551 |
| May | 47% | $212 | $2,592 |
| Jun | 61% | $239 | $3,899 |
| Jul | 66% | $239 | $4,386 |
| Aug | 44% | $218 | $2,741 |
| Sep | 40% | $203 | $2,238 |
| Oct | 48% | $198 | $2,627 |
| Nov | 43% | $197 | $2,258 |
| Dec | 35% | $189 | $2,002 |
Top Short-Term Rental Operators in Hot Springs Village
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 257 | 16,898 | ★ 4.76 |
| 2 | Overnight Digs Luxury Vacation Rentals | 97 | 3,975 | ★ 4.92 |
| 3 | Village Nightly Rentals | 86 | 1,640 | ★ 4.83 |
| 4 | United Country Real Estate | 64 | 4,920 | ★ 4.87 |
| 5 | Village Villas Vacation Rentals | 63 | 400 | ★ 4.67 |
What Kind of STR Should I Buy in Hot Springs Village?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 905 |
| 2 bed | 1,061 |
| 3 bed | 798 |
| 4 bed | 354 |
| 5 bed | 289 |
ADR by Property Tier
| Entire Home | $246 |
| Luxury | $425 |
| Professionally Managed | $297 |
Revenue by Dwelling Type
| Apartment | $1,827 |
| Entire Place | $3,054 |
| House | $3,540 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 26.6% |
| vrbo | 10.2% |
| both | 63.3% |
Investment Analysis
Hot Springs Village combines a high ADR relative to comparable gated resort communities with an investability score of 92/100. The $245 average daily rate in April 2026 is the highest among this comparison group, despite occupancy of 41.3%. At average monthly revenue of $3,028, annualized revenue runs approximately $36,341 per listing. No Zillow housing data is currently available for this area on file, so property-value-based yield calculations cannot be confirmed from the current data set.
Tier comparisons highlight a significant luxury premium. Entire-home ADR of $246 is barely above the all-listing average of $245, a negligible 0.5% gap, suggesting the market is overwhelmingly composed of entire-place listings. Luxury-tier listings averaged $425/night, a 73% premium over the market. Professionally managed listings averaged $297/night, a 21% premium.
Revenue growth scored 94/100, the highest in this batch, consistent with the +8.3% YoY revenue gain. The seasonality score of 54/100 is notably low, reflecting a relatively stable year-round demand base from the Village’s residential and retirement golf community, which buffers against the sharp seasonal swings seen in pure resort or trail markets. The POA registration requirement ($50/year) and a moderate enforcement posture keep regulatory costs contained.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
Skip the market averages. Get revenue projections, comp analysis, and ROI for your specific property address. Free, instant, no signup required.
Analyze My Property →Booking Insights
Hot Springs Village guests book an average of 43 days in advance as of April 2026, reflecting a planful traveler base that arranges golf packages, lake stays, and multi-day retreats in advance. The 43-day window gives operators approximately six weeks to manage dynamic pricing ahead of peak periods.
Average length of stay is 3.1 nights, the shortest in this comparison group, consistent with weekend and long-weekend visits from the broader Arkansas and regional drive market. At 41.3% occupancy and a 3.1-night average stay, properties turn over roughly 4 times per month. Minimum-stay policies of 2-3 nights are common and align with the dominant booking pattern, though operators who can accommodate single-night stays on shoulder-season weekends may fill more inventory during the January-February trough.
Short-Term Rental Regulations
Hot Springs Village is not an incorporated city. It is an unincorporated gated community governed by the Hot Springs Village Property Owners’ Association (HSVPOA) under Garland and Saline counties in Arkansas. STR operators must register every rental property with the HSVPOA. Registration costs $50 per property per year; the associated permit and inspection are provided at no additional charge.
The HSVPOA enacted its Rental Properties Registration Policy with an initial registration deadline of March 31, 2024. The Residential Rules and Regulations were updated by the Board of Directors on February 25, 2026, with corrections to rental-related sections 2.6 and 2.7, indicating ongoing refinement of rental rules. Operators should obtain and review the current version before listing. Sub-associations such as the Townhouse Association may impose additional restrictions on their members.
No owner-occupancy requirement, primary-residence requirement, or maximum-nights cap was identified at the POA level. Because the Village is unincorporated, no city lodging tax applies. Arkansas state sales tax (6.5%) and the statewide 2% tourism tax on accommodations apply, plus applicable county sales tax (approximately 1.5% on the Saline County side). Operating an unregistered rental violates POA rules and triggers immediate fines and penalties.
Market Comparison
Hot Springs Village’s April 2026 ADR of $245 is above the national STR median of approximately $220, while its 41.3% occupancy trails the US median of roughly 55%. The combination of above-median rate and below-median occupancy reflects the gated-community structure, which constrains casual demand but supports a premium pricing environment. The total market score of 84/100 and investability of 92/100 indicate strong market quality metrics relative to the national average.
Operator concentration reflects the Village’s scale. Evolve leads with 257 listings and 16,898 reviews (rated 4.76). Overnight Digs Luxury Vacation Rentals holds 97 listings with 3,975 reviews and a 4.92 rating, the highest in the top five. Village Nightly Rentals manages 86 listings (rated 4.83). United Country Real Estate has 64 listings and 4,920 reviews (4.87). Village Villas Vacation Rentals rounds out the top five with 63 listings (4.67). The top five together account for 567 listings, and the prevalence of Village-branded operators reflects the community-specific nature of this market.
Frequently Asked Questions About Hot Springs Village, Arkansas
What is the average daily rate for STRs in Hot Springs Village, AR?
What occupancy rate do Hot Springs Village short-term rentals average?
What permits are required to operate an STR in Hot Springs Village?
How much revenue does a typical Hot Springs Village STR generate?
What are the peak and slow seasons for Hot Springs Village vacation rentals?
What lodging taxes apply to Hot Springs Village STR rentals?
Who are the largest property managers in Hot Springs Village?
Analyze Hot Springs Village Rentals
Use our free calculator to estimate Airbnb revenue for any property in Hot Springs Village.
Free Hot Springs Village STR Calculator →
