HousingHandbookReference data

U.S. ZIP Code · AR71909

Garland County · Hot Springs, AR

Typical home value

$304,908[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.0%
5-year / yr
+6.9%
10-year / yr
+6.2%

Relative price

vs U.S.
+7.3%
vs metro
+19.9%
vs state
+64.6%
ZIP 71909 location in AR
Location of ZIP 71909 in AR

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 71909 is worth $304,908 — 19.9% above the Hot Springs, AR median. Over the past year, values have risen 2.0%. Homes here rent for a typical $1,863 a month — a 7.3% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,863[2]
Gross yield
7.3%[2]
Cap rate
4.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,428[3]

#Climate risk

FEMA National Risk Index ratings for Garland County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
18,449[3]
Median household income
$75,433[3]

#Migration

Household moves in and out of Garland County over a year, from IRS tax-return data.

Net migration
+30[5]
Moved in
2,534
Moved out
2,504

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.3%
Net yield (after ~40% expenses)4.4%
Annual rent$22,350

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,542
Loan principal$243,926
Down payment$60,982
Total interest paid$311,114

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.03
Monthly cost to own$1,915
Monthly rent$1,863

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
100th percentile[1]
Rental yield
100th percentile[2]
Property tax
43rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 71909?
The typical home in 71909 is worth $304,908, based on the Zillow Home Value Index.
Are home values rising in 71909?
Home values in 71909 are up 2.0% over the past year, and up 6.9% a year over five years.
What is the typical rent in 71909?
A typical home in 71909 rents for about $1,863 a month, a gross rental yield of 7.3%.
What is the property tax rate in 71909?
The effective property tax rate in 71909 is 0.5% — roughly $1,428 a year on a typical home.
Who lives in 71909?
ZIP code 71909 has a population of 18,449 and a median household income of $75,433.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Crystal Springs CDP, AR

    Typical home
    $284,894
    Gross yield
  • Hot Springs, AR

    Typical home
    $261,977
    Gross yield
    5.0%
  • Pearcy CDP, AR

    Typical home
    $260,013
    Gross yield
  • Pearcy CDP, AR

    Typical home
    $248,732
    Gross yield
  • Hot Springs, AR

    Typical home
    $211,500
    Gross yield
    7.2%
  • Hot Springs Village CDP, AR

    Typical home
    $162,278
    Gross yield

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