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 in the Hot Springs market area is 59%. average monthly revenue in the Hot Springs market area is $4,834. average daily rate in the Hot Springs market area is $297. the top operator in the Hot Springs market area is Evolve with 257 listings. market score is 84/100 (grade B).
Market data reflects the Hot Springs regional market, which includes Hot Springs Village. Regulations, taxes, and permit details below are specific to Hot Springs Village.
Market Score Breakdown
Five dimensions StaySTRA 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 |
|---|---|
| Jan | 26% |
| Feb | 38% |
| Mar | 57% |
| Apr | 42% |
| May | 47% |
| Jun | 61% |
| Jul | 66% |
| Aug | 44% |
| Sep | 40% |
| Oct | 48% |
| Nov | 43% |
| Dec | 35% |
Month-by-month nightly rates and revenue figures for Hot Springs Village are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Hot Springs market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Hot Springs market as a whole, which includes Hot Springs Village, so these counts are not Hot Springs Village-only figures.
| # | 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 nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Hot Springs Village are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 26.6% |
| vrbo | 10.2% |
| both | 63.3% |
Home Value Trends (Hot Springs Village)
Typical home values, median sale prices, and the 10-year price trend for Hot Springs Village are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Hot Springs Village — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
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
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