Rent to Own Homes in Hot Springs, AR

Hot Springs, Arkansas is located deep within the Ouachita Mountains, which could explain the many natural hot springs surrounding the area, and what gave this little town its name. Known as the "City Built on Fun," Hot Springs offers more than just "healing waters" and hot baths. In the center of this quiet southern town of 35,000 stands the oldest Federal Reserve in the United States, which is maintained as part of Hot Springs National Park. This quaint little town observes "Autumn" as a reason to celebrate. With the fall colors so abundant, it makes perfect sense! And it's no stranger to the cultural arts and theatre so common to bigger cities. Hot Springs has it all!

Hot Springs, AR is a great place for affordable rent-to-own homes! With a median household income of over $40,125 and a median rent of $749, the Hot Springs, AR rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Hot Springs, AR. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out 257 Hot Springs, AR rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 257
1 of 20 282 Chappel Hill Rd
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
1,824 Sqft | Built in 1960
1 of 25 214 Michael St
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
2,679 Sqft | Built in 1983
1 of 5 203 San Mateo
4 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71901
2,400 Sqft | Built in 1970
1 of 33 100 Yorkshire Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
2,238 Sqft | Built in 1987
1 of 16 117 Santistaban Way
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71909
1,536 Sqft | Built in 1991
1 of 21 125 Carl Drive 15
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71913
1,260 Sqft | Built in 1977
1 of 24 5201 Albert Pike A4
3 Beds, 3 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71913
3,168 Sqft | Built in 2006
1 of 27 104 Monarch Ln
5 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
3,778 Sqft | Built in 1982
Rent to own homes offer low monthly payments and flexible terms
1 of 13 415&417 Longbeach Dr
4 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71913
2,631 Sqft | Built in 1997
1 of 21 415 &417 Longbeach Dr.
4 Beds, 4 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71913
2,631 Sqft | Built in 1997
1 of 20 1154 Mt Riante Rd
4 Beds, 3 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hot Springs, AR 71913
5,327 Sqft | Built in 2006
Hot
1 of 15 125 Kings Glen Trl
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
1,512 Sqft | Built in 1984
1 of 9 1632 Treasure Isle Rd
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hot Springs National Park, AR 71913
2,200 Sqft | Built in 1998
1 of 31 125 Avalon Dr
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Pearcy, AR 71964
1,536 Sqft | Built in 1997
1 of 35 6578 Arkansas 128
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Bismarck, AR 71929
864 Sqft | Built in 2014
1 of 39 139 Phil Street
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Benton, AR 72015
1,596 Sqft | Built in 2009
1 of 19 323 Gathering House Drive
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Benton, AR 72015
1,744 Sqft | Built in 2003
1 of 21 1604 Canyon Maple Cove
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Benton, AR 72019
2,100 Sqft | Built in 2015
1 of 32 Hidden Meadows Drive
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Benton, AR 72015
1,792 Sqft | Built in 2006
308 Henderson St
2 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
1,514 Sqft | Built in 1945
New
1 of 11 131 Hansford Street
3 Beds, 2 Baths
Short Sale
 
Single Family Home
Hot Springs, AR 71913
1,554 Sqft | Built in 1950
New
1 of 27 117 Sonnet Street
2 Beds, 1 Bath
Short Sale
 
Single Family Home
Hot Springs, AR 71901
1,088 Sqft | Built in 1950
209 Freeman
2 Beds, 1 Bath
Auction
 
Single Family Home
Hot Springs, AR 71901
984 Sqft | Built in 1952
134 Terryland Cir
2 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71901
1,976 Sqft | Built in 1935
7 Vitoria Ln
2 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71909
1,175 Sqft | Built in 1975
188 Shady Brook Trl
3 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71901
2,166 Sqft | Built in 1982
311 Rosewood St
3 Beds, 1.5 Bath
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
1,287 Sqft | Built in 1950
212 Silver St
4 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71901
2,452 Sqft | Built in 1904
115 Pinewood St
2 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
1,380 Sqft | Built in 1950
204 Glover St
2 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
892 Sqft | Built in 1945
1 of 10 102 Wisteria Pl
2 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71913
1,416 Sqft | Built in 1990
116 Toney St
2 Beds, 1.5 Bath
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71901
1,302 Sqft | Built in 1960
2300 Hobson Ave
2 Beds, 1 Bath
Auction
 
Single Family Home
Hot Springs National Park, AR 71913
1,252 Sqft | Built in 1965
Hot
100 Forest Park Pl
4 Beds, 3 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71901
2,298 Sqft | Built in 1939
302 Mcclendon St
2 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71901
1,256 Sqft | Built in 1940
116 Ruby Circle
3 Beds, 2 Baths
Auction
 
Single Family Home
Hot Springs, AR 71901
3,624 Sqft | Built in 1970
19 Almendra Ln
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71909
1,404 Sqft | Built in 1987
2 Verin Ln
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71909
1,586 Sqft | Built in 1984
406 Stover St
2 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
984 Sqft | Built in 1950
107 Buster Reed Dr
3 Beds, 3.5 Baths
REO Foreclosure
 
Single Family Home
Hot Springs National Park, AR 71913
2,886 Sqft | Built in 1995
812 Shady Heights Rd
4 Beds, 2 Baths
REO Foreclosure
 
Townhouse/Condo
Hot Springs National Park, AR 71901
1,360 Sqft | Built in 1985
Hot
1 of 5 705 Ward St
3 Beds, 1.5 Bath
Short Sale
 
Single Family Home
Hot Springs National Park, AR 71913
1,553 Sqft | Built in 1930
101 Coach St
4 Beds, 2.5 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
2,181 Sqft | Built in 1968
103 Essex St
3 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Hot Springs National Park, AR 71913
1,711 Sqft | Built in 1970
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Buying a Home in Hot Springs, AR

Hot Springs, AR is seeing rapid growth and Hot Springs, AR's' housing market remains optimal with an average home price that is -41% below the 2022 national average. Hot Springs, AR is part of Garland county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Garland is 0.46% which is below the national average, which is 0.99%.

Median Home Price in Hot Springs, AR

Median Rent in Hot Springs, AR

Rent to own homes offer low monthly payments and flexible terms

Top 5 Reasons Live in Hot Springs, AR

A bathhouse and hot springs! Fordyce Bathhouse is a historic site, part of what was known as Bathhouse Row. It's been updated, but it still holds that old bath house charm. It is now a museum and Hot Springs National Park. For those who want to take a traditional bath, try Buckstaff Baths for the traditional European spa experience famous in the early 1900s. Don't forget to visit Hot Springs Mountain for an outdoor hot springs experience,

Magic shows around town! Visit the Theater of Magic for trickery, courtesy of master illusionist Maxwell Blade. Located in historic Hot Springs, Blade has a passion for sharing his magical illusions, as well as saluting other great magicians of the past. You can catch a show every night during the summer months. Another spectacle can be seen from high above -- just head over to the Hot Springs Mountain Tower for a magical experience and see the town and surrounding scenery from 1200 feet high.

Rising home values! Even though Hot Springs is known as one of the most desirable retirement areas in the US, it's got plenty of excitement for the younger generation as well. Real estate prices are rising, so if you want to get your property in this amazing area, do it quickly. The average sales price in late 2014 was $240,657. If you find your dream home, consider negotiating a rent to own situation, or find a nice rental until you find your dream home. Realtors in the area, such as Hot Springs Village Realtors and Hot Springs Realty, can help you find the perfect place to settle in.

Rentals on the market! If you're shy about buying that home outright, consider renting a home in this highly desirable area to get a feel for it. Rentals in Hot Springs are plentiful and affordable. A three-bedroom, two-bathroom home can be rented for $1,000 a month and up. Check with the local property management company, Hot Springs Property Management, for homes that may not be listed in the paper or online, or for their special exclusive properties. Forrest Hills and The Pointe are two popular rental apartment complexes in town.

Historic Baseball Trail here! Plans to visit Fogel Field already? Consider taking a tour on the historic Baseball Trail, where you are promised a trip back in time. Hot Springs housed some of baseball's legends while they stayed in town for spring training. Through stories and photographs, the history of baseball comes alive for visitors. Or just hike along the trail enjoying the scenery!

Hot Springs, AR Frequently Asked Questions

Hot Springs, AR has a walk score of

Hot Springs, AR has a bike score of

The state tax rate is 2.0 to 5.5% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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