Section 8 rent in Hot Springs, AR

FY2025 HUD Small Area Fair Market Rents for the Hot Springs, AR MSA, covering 14 ZIP codes.

$1,051Avg 2BR FMR / mo
$1,157Avg 2BR at 110% Standard
14ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$700$823$1,060$905
1 Bedroom$700$831$1,070$915
2 Bedrooms$910$1,051$1,320$1,157
3 Bedrooms$1,130$1,337$1,710$1,471
4 Bedrooms$1,460$1,656$2,080$1,822

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,102$25,224
Triplex3 × 2BR$3,153$37,836
Fourplex4 × 2BR$4,204$50,448
Fourplex4 × 3BR$5,348$64,176

Gross scheduled rent before vacancy, maintenance and management. Run any Arkansas multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 14 of 14 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
71909 $1,070 $1,320 $1,710 $2,080
71968 $940 $1,210 $1,530 $1,900
71949 $920 $1,160 $1,480 $1,820
71913 $810 $1,050 $1,330 $1,650
71902 $810 $1,040 $1,310 $1,630
71903 $810 $1,040 $1,310 $1,630
71910 $810 $1,040 $1,310 $1,630
71914 $810 $1,040 $1,310 $1,630
72087 $860 $1,040 $1,360 $1,660
71964 $800 $1,020 $1,300 $1,600
72104 $860 $990 $1,310 $1,550
71901 $740 $950 $1,200 $1,490
71933 $700 $910 $1,130 $1,460
71956 $700 $910 $1,130 $1,460

Quick cash flow check

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Hot Springs, AR?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Hot Springs, AR MSA is $1,051 per month, ranging from $910 to $1,320 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,157.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Hot Springs, AR, 2-bedroom SAFMRs run from $910 to $1,320 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Arkansas?
RealG searches live listings across Arkansas, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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