Hot Springs, AR
Hot Springs, AR landlord and rental property insurance
Coverage for rental homes and 2–4 unit buildings in Hot Springs, with local Census housing data. A quote is not a binder.
Census estimates put Hot Springs's renter-occupied share at 43%, or roughly 7,931 of 18,433 occupied homes. Compared with 34% across Arkansas, that is above average, and it tells you a lot about the local rental stock owners are insuring.
Hot Springs at a glance for landlords
| Measure | Hot Springs | Arkansas |
|---|---|---|
| Renter-occupied homes | 43% (7,931) | 34% |
| Median owner-occupied home value | $165,500 | $188,000 |
| Median gross rent | $914/mo | $947/mo |
| Median year structure built | 1973 | 1987 |
| Homes in 2–4 unit buildings | 10% | 6% |
| Single-family homes (detached or attached) | 65% | 72% |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B25003, B25077, B25064, B25035, B25024), retrieved via Census Reporter; population from U.S. Census Bureau, Vintage 2024 population estimates.
Insured value and premium context in Hot Springs
Hot Springs's median home value, roughly $165,500, gives a rough sense of what rentals here are worth; the state median is $188,000. For insurance, ask for a replacement-cost estimate on your specific building.
For context, the NAIC reported that Arkansas dwelling-fire policies insuring $150,000 to $199,999 averaged $899 a year in 2023, against a statewide dwelling-fire average of $571. Those are owner-occupied dwelling-form figures, not landlord quotes.
Fair rental value coverage for Hot Springs units
The Census median gross rent for Hot Springs, $914 per month, is a reasonable starting point for fair rental value. At that rate, 12 months is about $10,968 per unit.
Building age and underwriting in Hot Springs
Housing in Hot Springs is middle-aged, with a median year built of 1973. Expect questions about the electrical panel brand, water heater age, and roof replacement dates.
Hot Springs's mix of rental buildings
Hot Springs's housing is mixed: about 65% single-family, 10% in 2–4 unit buildings, and 22% in buildings of five or more units. Dwelling forms fit up to four units; larger buildings need commercial apartment coverage.
Comparing Hot Springs to neighboring cities
Little Rock has a renter share of 46% with homes valued around $236,400 at the median. Fayetteville has a renter share of 58% with homes valued around $349,600 at the median. In Fort Smith, 47% of occupied homes are rented and the median value is $178,100. Among the 20 largest Arkansas cities we profile, Hot Springs ranks 14 for renter share. Roughly 22% of homes in Hot Springs are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Hot Springs weather exposures that affect landlord claims
For rentals in Hot Springs, the hazards that most often shape Arkansas landlord coverage include river and flash flooding, which requires separate flood coverage and tornadoes and straight-line wind. Ask how your policy handles each, and whether any separate deductible applies.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Your Hot Springs quote checklist
- Street address in Hot Springs and number of units
- Year built and roof age
- Occupancy: long-term lease, month-to-month, short-term, or vacant
- Electrical, plumbing, and heating update years
- Current insurer and any losses in five years
- Mortgage company details, if financed
- How much liability and lost rent you want covered
Request a Hot Springs landlord quote
Questions from Hot Springs rental owners
How many renters live in Hot Springs?
About 43% of occupied homes in Hot Springs, roughly 7,931 households, are renter-occupied according to the 2020–2024 American Community Survey.
Do Hot Springs landlords have to carry insurance?
Arkansas law does not require landlord insurance, but lenders usually require property coverage, and many leases, HOAs, and property managers require liability coverage.
What is a typical landlord premium in Hot Springs?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Arkansas dwelling-fire average of $571; see our Arkansas page for the full table.
More landlord pages near Hot Springs
Landlord insurance in Arkansas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.