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 Hot Springs, AR rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
3 ISLA MUJERES CT
Rent To Own
 
Multifamily (5+ Units)
Hot Springs Village, AR 71909
3
2
1677 ft2
1996
10800 HIGHWAY 70
Rent To Own
 
Single Family Home
Benton, AR 72019
6
4
2572 ft2
1993
New
1 of 126 Address Withheld
Rent To Own
 
Single Family Home
Hot Springs, AR 71913
3
2
1216 ft2
2003
New
462 Tanglewood Road # A
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
3
3
2163 ft2
1984
New
250 GRAND ISLE DR #3C
Rent to Own Eligible
Lake Hamilton
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1044 ft2
1984
New
532 Grand Point # -B4
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71901
3
3
2257 ft2
2007
New
518 Amity # E-4
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
2
1720 ft2
2003
New
518 Amity # -E-4
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
2
1720 ft2
2003
Hot
2716 MALVERN AVE
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71901
3
2
2300 ft2
1965
New
503 LAKELAND Drive # -B-2
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
3
1297 ft2
2008
New
253 Thornton Ferry # B1
Rent to Own Eligible
Piney
Single Family Home
Hot Springs, AR 71913
4
4
2200 ft2
2024
New
253 Thornton Ferry # -B2
Rent to Own Eligible
Piney
Single Family Home
Hot Springs, AR 71913
4
4
2200 ft2
2024
2826 ALBERT PIKE RD
Rent to Own Eligible
Piney
Single Family Home
Hot Springs National Park, AR 71913
3
1
1216 ft2
1942
1004 ARKRIDGE CIR
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
3
3
2747 ft2
2022
104 BLUE HERON DR
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
4
4
4177 ft2
1992
206 LITTLE JOHN TRL
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
2
2
1914 ft2
1980
100 BULLION HTS
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
3
2
1478 ft2
1996
220 SUNSET BAY RD #20
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
2
3
1320 ft2
1970
220 SUNSET BAY RD #31
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1634 ft2
1970
316 LONG ISLAND DR
Rent to Own Eligible
Lake Hamilton
Single Family Home
Hot Springs National Park, AR 71913
2
3
2753 ft2
1940
301 KLEINSHORE RD #19
Rent to Own Eligible
Rockwell
Single Family Home
Hot Springs National Park, AR 71913
3
2
1600 ft2
1992
106 DAHLIA ST
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
3
2
1536 ft2
1965
New
250 Grand Isle Drive # -3-C
Rent to Own Eligible
Lake Hamilton
Single Family Home
Hot Springs, AR 71913
2
2
1044 ft2
1984
New
2325 Lakeshore # -E-4
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
2
1420 ft2
1980
New
2311 Lakeshore Drive # N-4
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
2
1420 ft2
1980
1 of 68 138 PARKHILL ST
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71901
4
3
3000 ft2
1900
112 CATALINA CIR #E1
Rent to Own Eligible
Lake Hamilton
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1530 ft2
2006
301 STEARNS PT
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
4
3
2198 ft2
1925
220 COOPER ST #5B
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1268 ft2
1975
620 GRAND POINT DR #20B
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71901
3
3
2542 ft2
2006
142 LAKE HAMILTON DR #102
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
1
1
872 ft2
1985
270 LAKE HAMILTON DR #D6
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
1
1
600 ft2
1983
1 of 23 100 BAYOU PT #B5
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1288 ft2
1980
244 BAYOU PT #C2
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
2
2
1742 ft2
2007
New
231 Ledgerock Road # -101
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
3
4
2152 ft2
2022
924 PROSPECT AVE
Rent to Own Eligible
Downtown Hot Springs
Single Family Home
Hot Springs National Park, AR 71901
2
2
1834 ft2
1930
New
220 Cooper St # -B5
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
2
1268 ft2
1975
Hot
30 STONEGATE CV
Rent to Own Eligible
Rockwell
Single Family Home
Hot Springs National Park, AR 71913
5
3
3116 ft2
1996
451 LAKELAND DR #B2
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
3
3
3168 ft2
2005
125 PINEWOOD ST
Rent to Own Eligible
 
Townhouse/Condo
Hot Springs National Park, AR 71913
4
2
2550 ft2
1945
108 CEDAR POINT RD
Rent to Own Eligible
 
Single Family Home
Hot Springs National Park, AR 71913
7
3
3584 ft2
1980
New
210 Aberina Street # -C-5
Rent to Own Eligible
 
Single Family Home
Hot Springs, AR 71913
2
1
616 ft2
1945
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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 2024 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 2024 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!