Rent Tracker
Rent Inflation in Hot Springs, AR
The average asking rent in Hot Springs, AR is $1,228/month as of 2026-08. That is +4.1% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,228/mo
as of 2026-08
Year-over-Year Change
+4.1%
24-Month Rent Trend
Monthly ZORI index values for Hot Springs, AR.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,228 | +1.40% |
| 2026-07 | $1,211 | -0.90% |
| 2026-06 | $1,222 | +0.00% |
| 2026-05 | $1,222 | -0.97% |
| 2026-04 | $1,234 | +0.73% |
| 2026-03 | $1,225 | +1.07% |
| 2026-02 | $1,212 | +0.75% |
| 2026-01 | $1,203 | +1.35% |
| 2025-12 | $1,187 | +0.34% |
| 2025-11 | $1,183 | +0.68% |
| 2025-10 | $1,175 | -1.09% |
| 2025-09 | $1,188 | +0.68% |
| 2025-08 | $1,180 | +1.46% |
| 2025-07 | $1,163 | +0.78% |
| 2025-06 | $1,154 | +0.00% |
| 2025-05 | $1,154 | -0.60% |
| 2025-04 | $1,161 | -0.43% |
| 2025-03 | $1,166 | -0.26% |
| 2025-02 | $1,169 | +0.26% |
| 2025-01 | $1,166 | +0.43% |
| 2024-12 | $1,161 | +0.09% |
| 2024-11 | $1,160 | +0.00% |
| 2024-10 | $1,160 | +0.87% |
| 2024-09 | $1,150 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices