Can A Carpenter Afford Rent in Hot Springs, AR?
Stretched but workable — rent takes 30.5% of gross income.
Hot Springs rent: July 2026. Salary: BLS OEWS May 2024 (Arkansas state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Arkansas cities have lower median rent than Hot Springs, which improves the affordability math on a carpenter salary:
Compare with full rent data for Hot Springs
View full rent data for Hot Springs, AR →Frequently asked questions
Can a carpenter afford rent in Hot Springs, AR?
Median rent in Hot Springs is $1,285 a month. A typical carpenter in Arkansas earns about $50,580 a year, which makes that rent 30.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a carpenter afford in Hot Springs?
Using the 30% rule, a carpenter salary in Arkansas (~$50,580/yr) supports up to $1,265 a month in rent. Hot Springs's current median rent is $1,285/mo, which is $20/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Hot Springs?
At an hourly equivalent of about $24 an hour, a carpenter in Arkansas works roughly 52.8 hours a month to cover Hot Springs's median rent of $1,285.
Where is rent cheaper than Hot Springs for a carpenter?
Nearby Arkansas cities with lower median rent include Ward ($1,278/mo), Greenbrier ($1,275/mo), Ward ($1,255/mo). Each shifts the affordability math materially on a carpenter salary.