Vacation Rental Management

Vacation Rental Management in Hot Springs, AR

Fairly runs vacation rentals on Lake Hamilton, Lake Ouachita and in Hot Springs itself, with listings on Airbnb, Vrbo and Fairly.com, pricing tuned for racing season and summer on the lake, and a local caretaker who turns the home over between guests.

4.8

Average review in Hot Springs, AR

Fairly is an Airbnb Superhost, and our homes average 4.84 stars across 21,000+ guest reviews. 87% of those reviews are five stars. Better reviews attract better guests, at higher prices, maximizing your revenue.

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Hot Springs market overview

Hot Springs draws visitors for two reasons, and most of the market's rentals sit on the second one. The first is the town: Bathhouse Row and the thermal springs of Hot Springs National Park, the downtown along Central Avenue, and Oaklawn's live racing in late winter and spring. The second is the water. Lake Hamilton wraps the south and west of the city with lake houses and docks, and Lake Ouachita, the state's largest lake, sits a short drive west.

The calendar follows both. Among the market's top-rated homes, occupancy climbs to 56% in March with spring break and the racing season, eases through April and May, then peaks at 61% in June and 65% in July, when July alone averages about $6,300 in rent. August falls back to 39% once school returns, autumn holds steady, and January is the quietest month at 23%.

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What homes earn in Hot Springs, AR

The chart shows what comparable vacation rentals in the Hot Springs area earn each month: entire homes listed on Airbnb and Vrbo with a review score of 4.8 out of 5 or higher, limited to homes available or rented at least 300 days a year. That covers the lake houses on Hamilton and Ouachita as well as homes inside the city, so it reflects the market an owner here actually competes in. You can customize a projection for a specific home.

MonthTotal rentOccupancyAvg. daily rate
Jan$1,43222%$210
Feb$2,05232%$229
Mar$4,60056%$265
Apr$3,26443%$253
May$3,90746%$274
Jun$5,56361%$304
Jul$6,28765%$312
Aug$3,26439%$270
Sep$3,04840%$254
Oct$3,91752%$243
Nov$2,79639%$239
Dec$2,28232%$230

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This is based on properties listed on Airbnb, Vrbo, and Booking.com with an average review score of 4.8 out of 5 or higher, limited to homes available or rented at least 300 days a year. Earnings vary based on the unique amenities and qualities of each home.

A guaranteed $5,000 increase in earnings

We guarantee that homeowners coming from self management or other managers will make an extra $5,000 in their first year with Fairly.

Vacation Rental Taxes and Regulations in Hot Springs, AR

Can you rent here?

Yes. Most of the market's lake homes, on Lake Hamilton's shore outside the city and along Lake Ouachita's Garland County shore, sit in unincorporated Garland County, and the county does not regulate short-term rentals. There is no county licence or fee, no county occupancy limit, and no county zoning that restricts where a rental may operate. What can restrict one is private: a subdivision's bill of assurance or a property owners' association covenant can limit or prevent short-term use, so read yours. When the county issues an address for a new home, the application asks whether it will be used as a short-term rental. The Sheriff's Office enforces the county's noise and parking ordinances.

Homes inside one of the county's smaller towns, such as Mountain Pine or Fountain Lake, follow that town's rules.

Inside the Hot Springs city limits

A stay of under 30 days in the city needs an annual City of Hot Springs short-term rental business licence for each unit, due January 1 and issued by the Finance Department. The application names a local contact person and includes a floor plan and a city Certificate of Occupancy inspection. In the city's residential neighbourhoods a Special Use Permit from the Planning & Development Director comes first, and the city caps the number of residential-zone licences each year; condominiums are outside that cap. The annual fee is set per guest of licensed occupancy. Details are on the city's short-term rental page.

Lodging taxes

Outside the city, a stay carries Arkansas sales tax of 6.5%, Garland County sales tax of 1.5% and the state's 2% tourism tax, 10% in all, filed with the Arkansas Department of Finance and Administration. Inside the city limits, the city's 1.5% sales tax and the Hot Springs Advertising and Promotion Commission's 3% lodging tax are added, 14.5% in all; the 3% is paid to the commission, as the city's Finance Department lists.

How Fairly handles it

We register your home for the Arkansas sales and tourism taxes, and for the A&P tax where it applies, then collect and remit every one of them on each booking. Inside the city we assist with the licence application, the Special Use Permit and the annual renewal.

Operating a vacation rental in Hot Springs, AR

Most homes here are lake houses, and the work follows the water. Summer brings back-to-back weekend stays, with guests who arrive for the dock and the boat slip, so turnovers are tight and outdoor areas need as much attention as the kitchen. Spring has a second rush, when racing season and spring break fill the calendar, and winter is quiet enough for deep cleaning and repairs.

In unincorporated Garland County every home must take part in the county's solid waste collection service, so trash pickup has to be set up and kept current. Inside the city, a licensed rental also has to keep meeting the city's solid waste and noise rules, and name a local contact who answers complaints and emergencies. Your Fairly caretaker lives nearby and can be that contact.

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Fairly Vacation Rental Management

Serving Hot Springs, AR and neighboring areas

+1 501-293-0142

hot-springs@fairly.com

Available 24/7

Fairly Vacation Rental Management

Serving Hot Springs, AR and neighboring areas

+1 501-293-0142

hot-springs@fairly.com