Low Income Apartments and Affordable Housing For Rent in Black Rock, AR

Discover affordable housing in Black Rock where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Brad of Black Rock

136 S Saint Joseph St, Black Rock, Arkansas 72415

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Black Rock, Arkansas
$15.42/hour
$4.42 (+40%) more than Arkansas minimum wage and $8.17 (+113%) more than the Federal minimum wage.
Learn More About Black Rock, Arkansas Affordable Housing ↓

What HUD offices serve Black Rock, Arkansas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Black Rock, Arkansas.

Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Black Rock.

How many renters live in Black Rock, Arkansas?

The City of Black Rock has 846 people living in 313 households.

There are 154 renters living in 55 renter households in this City. Renters make up 18.2 percent of the population living in Black Rock.

What is the rental market like in Black Rock, Arkansas?

There are an estimated 353 housing units in the Black Rock area. Of these, 62 units are rental homes, making up 18 percent of the housing market. For every renter household in Black Rock, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Black Rock?

The rental vacancy rate in Black Rock is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Black Rock for each bedroom size?

Occupied Rental Units by Size in Black Rock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 20 22 11
Occupied Rental Units by Size in Black Rock

A large number of apartments in Black Rock have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Black Rock are overburdened by housing costs?

Among renter households in this market, 20 percent have housing cost burden. Further, 2 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Black Rock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,276. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $620
Two BR $814
Three BR $1,082
Four BR $1,276
2024 Fair Market Rents in Black Rock, Arkansas

How many units are rented at Fair Market Rent (FMR) in Black Rock?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 2 100 percent
Two BR 11 55 percent
Rental Units Below FMR in Black Rock, Arkansas

How many affordable rental units are in Black Rock?

There are a variety of federal affordable housing programs serving households in Black Rock, Arkansas including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 9
Tracked Units by Federal Program in Black Rock, Arkansas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Black Rock, Arkansas

Black Rock features 9 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Black Rock, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Black Rock.

Housing Choice Vouchers in Black Rock, Arkansas

On average, Section 8 Housing Choice vouchers pay Black Rock landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Black Rock.

The maximum amount a voucher would pay on behalf of a low-income tenant in Black Rock, Arkansas for a two-bedroom apartment is between $733 and $895.

Sourced from federal housing data and AffordableHousingOnline.com research.