Rent Your Vacation Home or Condo in Hot Springs, Arkansas

When you rent out your Hot Springs home, there are a few things to keep in mind. First, make sure that the home is in good condition and free of major issues. Second, be aware of local regulations that may apply. Third, you should consider whether or not it is a good time to rent out your Hot Springs home because of the number of tourists visiting the area at that time. And finally, make sure that you create an effective listing and marketing strategy when you rent out your Hot Springs rental home. By taking these steps, you are more likely to have a successful vacation rental experience in Hot Springs.

When partnering with RedAwning for your property management needs, we can make sure your Hot Springs rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Hot Springs

During the month of November, Hot Springs Village, for example, is projected to generate over $190/night for a 3 bedroom vacation rental, on average! There were 384 vacation active rental properties in Hot Springs.  378 are renting the entire place, and 6 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Hot Springs Village is booked 55% of the time, and most hosts are projected to generate $2,421 or more during the month of November! Is your home in Hot Springs, or another neighborhood in Hot Springs, Arkansas? See how much you could earn with your Hot Springs vacation rental.
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$190.00 Per Night*

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55% Occupied*

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$2,421.00 Per Month*

* Based on the median average of all vacation rentals in the Hot Springs area.
Get a free estimate for your home or condo.

Featured Hot Springs Vacation Rental Generating Record Profits With RedAwning

Lovely 2 Bedroom Condo Across from Horse Track Starting at $109 to $408 per night!

On the Hottest strip in a popular tourist location, this recently renovated 2 bedroom 1 bathroom condo with a walk-in glass shower is conveniently located across from the newly renovated Oaklawn Racing Casino. This condominium includes a shared laundry room, a shared Large common space deck and a private parking space. It also has two queen-size bedrooms and two sofa beds. Additionally, it features two Roku TVs, a workspace for traveling professionals or students and free WiFi.

Cozy,... Read More

This Hot Springs vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Hot Springs.

Successful short-term vacation rentals in Hot Springs, Arkansas

There are numerous advantages to providing short-term vacation rentals in Hot Springs, Arkansas. Some of the most important include: One of the most obvious benefits is the ability to make some extra money. Short-term rental services like Airbnb are booming right now, and there are a lot of people looking for places to stay. If you have a property available, you could earn some extra cash just by renting it out—especially if there are a lot of tourists in the area. Another big benefit is that short-term rental services like Airbnb give you more flexibility. You don’t have to worry about taking care of guests when you’re not home, so you can spend more time enjoying your own place.

It's no secret that short-term vacation rentals have been on the rise for quite some time now. This is great news for Hot Springs, Arkansas residents and homeowners who are looking for extra income after experiencing a financial hardship. However, there are a few things that you'll need to keep in mind when renting out your property as a short-term rental. There are many factors to consider when trying to determine whether it's a good fit for your property. For example, how much time will you be spending away from home? Will you be able to maintain the property while you're gone? How much of your property is worth monetizing as part of the short-term rental business? These are just a few of the questions that you'll want to ask yourself before deciding to rent out your property as a short-term rental.

RedAwning takes the guess-work out of Hot Springs property management, and we work with you to ensure your Hot Springs short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Hot Springs vacation rental could earn:

Revenue Projections for Vacation Rentals in Hot Springs Village/Hot Springs, Arkansas during December, 2023

Based on a 3 bedroom, which is the most common Hot Springs vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Hot Springs vacation rental is available during these days.
 
$18546%1st
 
$18445%2nd
 
$17743%3rd
 
$17843%4th
 
$18045%5th
 
$18143%6th
 
$18244%7th
 
$18845%8th
 
$18644%9th
 
$17742%10th
 
$17741%11th
 
$17740%12th
 
$17740%13th
 
$17840%14th
 
$18742%15th
 
$18843%16th
 
$18042%17th
 
$18043%18th
 
$18144%19th
 
$18046%20th
 
$18649%21st
 
$20453%22nd
 
$22061%23rd
 
$21560%24th
 
$21660%25th
 
$21259%26th
 
$21257%27th
 
$21256%28th
 
$22054%29th
 
$21752%30th
 
$20949%31st
 

Average Daily Price & Percent Occupied Next Month In Hot Springs

Note: These averages are based on a 3 bedroom home in Hot Springs Village. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Hot Springs, Arkansas?

If you are a speculative home buyer or have another home in Arkansas, check out our other Arkansas Vacation Rental Management reports in Eureka SpringsFayettevilleLittle RockHot Springs VillageConwayNorth Little RockClarksvilleJonesboroWheelerMayflowerWestern GroveMurfreesboroMenaBella Vista,  and Springdale, Arkansas or view all of our vacation rental market reports

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