Eureka Springs, AR

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Eureka Springs short-term rental market based on reliable data.

Listings

759 / 1178

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,960

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$304,280

Median Home Sale Price

Top Earners

$61,583

Top-Earners Revenue

Eureka Springs

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Eureka Springs.

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D

Unfriendly to Investors

Eureka Springs Regulations

Eureka Springs has implemented one of the most restrictive STR regulatory environments in Arkansas, prohibiting new STR operations in all residential zones (R-1, R-2, R-3) while limiting new investments to commercial zones that require conditional use permits through public hearings. The compliance burden includes multiple tax registrations, safety standards, historic district approvals, and active enforcement with $250/day fines, creating significant barriers that deter most potential investors.

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About Eureka Springs

Eureka Springs, Arkansas, is a charming city known for its preserved Victorian architecture and vibrant arts scene. With a population of approximately 2,100, Eureka Springs serves as a popular tourist destination nestled in the Ozark Mountains. It is located about 150 miles northwest of Little Rock, the closest major city.

Eureka Springs offers a rich historical experience, with its entire downtown area listed on the National Register of Historic Places. Notable landmarks include the Thorncrown Chapel (https://thorncrown.com/)) and the Crescent Hotel (https://www.crescent-hotel.com/),,) both of which attract numerous visitors for their striking architecture and storied pasts. The city is also home to the Basin Spring Park (https://www.eurekasprings.org/places/basin-spring-park/),,) a serene location with musical performances and public gatherings.

For nature enthusiasts, the Blue Spring Heritage Center (https://www.bluespringheritage.com/)) and the Turpentine Creek Wildlife Refuge (https://www.turpentinecreek.org/)) provide unique outdoor experiences showcasing local flora, fauna, and conservation efforts.

The appeal for short-term rentals in Eureka Springs is strong, driven by the city's combination of historical allure and natural beauty. Visitors seek accommodations that offer easy access to the city's landmarks and outdoor activities, making short-term rentals an attractive option for both tourists and property owners. Additionally, the city's small size and walkable layout contribute to the convenience and appeal of staying in short-term rental properties.

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