Can A Carpenter Afford Rent in Hot Springs Village, AR?
Rent-burdened — rent takes 40.6% of gross income.
Hot Springs Village rent: May 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 Village, which improves the affordability math on a carpenter salary:
Compare with full rent data for Hot Springs Village
View full rent data for Hot Springs Village, AR →Frequently asked questions
Can a carpenter afford rent in Hot Springs Village, AR?
Median rent in Hot Springs Village is $1,713 a month. A typical carpenter in Arkansas earns about $50,580 a year, which makes that rent 40.6% 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 Village?
Using the 30% rule, a carpenter salary in Arkansas (~$50,580/yr) supports up to $1,265 a month in rent. Hot Springs Village's current median rent is $1,713/mo, which is $448/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Hot Springs Village?
At an hourly equivalent of about $24 an hour, a carpenter in Arkansas works roughly 70.4 hours a month to cover Hot Springs Village's median rent of $1,713.
Where is rent cheaper than Hot Springs Village for a carpenter?
Nearby Arkansas cities with lower median rent include Fayetteville ($1,712/mo), Fayetteville ($1,711/mo), Fayetteville ($1,709/mo). Each shifts the affordability math materially on a carpenter salary.