BNB Hot / Long-term rentals
Long-term rentals
Long-term rentals in Hot Springs
How the long-term market works versus short-term, who manages it, and how to rent your home out or find one to live in.
The long game in Hot Springs housing
Not every Hot Springs address can be a short-term rental anymore. The city's residential STR license cap has been full since July 2025. A long-term lease has no such cap: a standard residential tenancy of 30 days or longer is ordinary housing, outside the STR license program. For a lot of owners, that makes long-term renting the obvious move.
It trades the higher nightly ceiling of an Airbnb for steadier, lower-effort income: one tenant, one lease, no turnovers, no guest messaging, no monthly lodging filing. This page covers how the local market works, who manages rentals here, and how to rent a home out or find one.
Short-term vs. long-term, side by side
Neither is “better.” They suit different owners, addresses and appetites for work.
| Short-term (STR) | Long-term (LTR) | |
|---|---|---|
| Minimum stay | Nightly to 29 nights | 30 days or longer; 12-month leases typical |
| City STR license | Required; residential cap full since July 2025 | Not required for standard residential leases |
| Lodging taxes (~14.5%) | Apply to stays of 29 nights or fewer | Do not apply to 30-plus-day residential leases |
| Income pattern | Higher potential, seasonal, variable | Steadier, predictable monthly rent |
| Owner workload | High: turnovers, pricing, 24/7 guests | Low: one tenant, periodic maintenance |
| Furnishing | Fully furnished and stocked | Usually unfurnished; furnished for mid-term |
The taxes above are the city total for short stays; confirm current rates and filing rules with the city and your CPA. See our tax guide for the STR breakdown.
What rents go for, and where
Hot Springs rents track the neighborhood and whether the home is on or near the water. Rather than quote stale numbers, we point you to live local context and the ZIP codes that drive demand.
As a point-in-time reference, the median list price across the area was $349,900 as of November 2026; rents move with that, with lake-corridor homes commanding more. For current figures, check the live market view.
Lake Hamilton corridor (71913)
The demand engine: lake access, newer builds and the top of the rent range. Where mid-term and premium tenants look first.
In-town & historic (71901)
Walkable to Bathhouse Row and downtown. A mix of older homes and apartments; steady long-term demand.
Hot Springs Village (71909)
A private POA community outside city limits with its own rules. Popular with retirees; confirm the Village's rental policy before leasing.
Surrounding Garland County
ZIPs such as 71921, 71923, 71933, 71968 and 72104 offer more house per dollar for tenants willing to drive.
The 30-plus-day niche: traveling nurses and mid-term tenants
Between nightly Airbnb and a year-long lease sits the mid-term market: furnished stays of 30 days or more. Because they clear the 30-day line, they fall outside the STR license cap and most lodging taxes, which makes them a smart play for an address that can't get an STR license but is furnished and ready.
- Who rents. Traveling nurses and travel-contract healthcare workers, relocating professionals, and families displaced by insurance claims or renovations.
- The platform. Furnished Finder is the main channel for this niche. It charges hosts a flat annual fee of about $199 with no booking commission, so more of the rent stays with you.
- Lease length. Commonly 30, 60 or 90 days, often renewed. Tenants expect a furnished, stocked home, utilities set up, and reliable internet.
- Fit with Hot Springs. CHI St. Vincent and National Park Medical Center draw traveling clinicians, and the lake-and-spa setting sells the stay.
See our Furnished Finder guide for how to set up and price a mid-term listing.
Hot Springs long-term rental managers
If you don't want to screen tenants, handle repairs and chase rent yourself, a residential property manager does it for a monthly fee (commonly a percentage of collected rent, plus a lease-up fee). Factual entries below, listed alphabetically; this is not a ranking. Verify current fees and services with each company before signing. We do not embed or copy anyone's live listings; use each manager's own site and the search links we provide.
Crye-Leike Property Management — Hot Springs
Residential and commercial property management plus HOA management, run from the Crye-Leike Hot Springs office at 1420 Central Avenue, Suite C, Hot Springs. Phone 501-321-0800. crye-leike.com
The Bergeron Group (our network)
Keller Williams brokerage. Helps owners and renters navigate the Hot Springs market and weigh long-term vs. short-term for a specific address. 501-463-6328. thebergerongroup.com
realhotsprings.com (our network)
Our Hot Springs real-estate hub, with local market data and property search to help you find or price a rental. realhotsprings.com
This is not every manager in Garland County. Several brokerages run small rental-management desks alongside their sales side. If a company's residential-management fees, lease terms and licensing aren't clear from its own page, ask directly before you hand over a property; don't rely on third-party directory snippets.
How to rent out your house long-term
A clean process protects your income and keeps you on the right side of landlord-tenant law.
- Confirm the use. Decide long-term vs. short-term for the address. If it can't be an STR, a 12-month or furnished mid-term lease is your path.
- Set the rent. Price against comparable homes in the same ZIP and condition, not the asking rent on aggregator sites. A local manager or agent can benchmark it.
- Prep the home. Safe, clean, working systems, and reliable internet. For mid-term, furnish and stock it.
- Market it. A standard lease through local managers and a brokerage; a furnished mid-term through Furnished Finder.
- Screen the tenant. Credit, income, references and background, applied consistently and legally to every applicant.
- Use a written lease. Term, rent, deposit, maintenance responsibilities and house rules in writing. Never advertise “utilities included” unless you have actually built those costs into the rent; bill them clearly either way.
How to find a rental in Hot Springs
- Start local. Contact property-management companies and a brokerage that handles rentals. They see homes before they hit the big aggregators.
- Use our network. realhotsprings.com covers the local market, and lakehamiltonhomesforsale.com focuses on the lake corridor.
- For mid-term furnished. Search Furnished Finder if you are a traveling professional who needs 30 days or more.
- Know the lines. A 30-plus-day lease is ordinary housing. If a “rental” is marketed as nightly, it's a short-term rental and plays by the city's STR rules.
Common questions
Is a long-term rental allowed where a short-term rental is not?
Usually yes. The city's 400-license cap and the related rules apply to short-term rentals of 29 nights or fewer. A standard residential lease of 30 days or longer is ordinary housing and is not governed by the STR license program. That makes long-term renting the fallback for any address that can't get an STR license.
What are typical lease terms in Hot Springs?
Twelve-month leases are the norm for unfurnished houses and apartments. Furnished mid-term rentals, often aimed at traveling healthcare workers, commonly run 30, 60 or 90 days. Shorter unfurnished terms exist but usually carry a higher monthly rate.
What is the 30-plus-day or traveling-nurse niche?
Stays of 30 days or more are treated as mid-term, not short-term, so they sit outside the STR license cap and most lodging taxes. Furnished Finder is the main platform for this market and charges hosts a flat annual fee with no commission. Traveling nurses, travel contractors and insurance-displaced families are the typical tenants.
How do I find a long-term rental in Hot Springs?
Start with local property-management companies and a brokerage that handles rentals, rather than scraped listing aggregators. Our network site realhotsprings.com covers the local market, and The Bergeron Group can point renters and owners to current options.
Should I rent my house long-term or short-term?
If the address can hold an STR license, short-term can earn more per night but costs more to run and sits under the city's cap and taxes. If it can't be licensed, a 12-month or furnished mid-term lease is the straightforward way to make it cash-flow. We'll run both scenarios for a specific address.
Keep going
STR hosts & managers
If the address can be licensed, who runs it.
Buy a property
The buyer's guide, read for cash-flow.
Live market data
Current prices and a mortgage calculator.
Furnished Finder
Set up a mid-term listing for traveling pros.
Commercial
Where new STR licenses are still available.
Luxury homes
High-end lake and view properties.
Sister sites: realhotsprings.com · lakehamiltonhomesforsale.com · retirehotsprings.com · ehotsprings.com
Renting out or renting in Hot Springs?
Tell us the address or what you're looking for. We'll weigh long-term against short-term and connect you with the right manager or The Bergeron Group.