What HUD offices serve Carlisle, 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.
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Carlisle.
How many renters live in Carlisle, Arkansas?
The City of Carlisle has 2,329 people living in 858 households.
There are 459 renters living in 203 renter households in this City. Renters make up 19.71 percent of the population living in Carlisle.
What is the rental market like in Carlisle, Arkansas?
There are an estimated 1,053 housing units in the Carlisle area. Of these, 275 units are rental homes, making up 26 percent of the housing market. For every renter household in Carlisle, Arkansas, there are 1 rental units.
What is the vacancy rate for rentals in Carlisle?
The rental vacancy rate in Carlisle is 26 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 Carlisle for each bedroom size?
Occupied Rental Units by Size in Carlisle
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 85 | 99 | 15 | 0 |
Occupied Rental Units by Size in Carlisle
A large number of apartments in Carlisle 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 Carlisle are overburdened by housing costs?
Among renter households in this market, 50 percent have housing cost burden. Further, 15 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 Carlisle
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $944 |
One BR | $950 |
Two BR | $1,089 |
Three BR | $1,454 |
Four BR | $1,717 |
2024 Fair Market Rents in Carlisle, Arkansas
How many units are rented at Fair Market Rent (FMR) in Carlisle?
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 | 77 | 91 percent |
Two BR | 70 | 71 percent |
Rental Units Below FMR in Carlisle, Arkansas
How many affordable rental units are in Carlisle?
There are a variety of federal affordable housing programs serving households in Carlisle, Arkansas including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 24 |
Public Housing | 42 |
Section 8 Project-Based Rental Assistance | 24 |
USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Carlisle, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Carlisle, Arkansas
Carlisle features 48 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 Carlisle, Arkansas
There are 46 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carlisle.
Housing Choice Vouchers in Carlisle, Arkansas
On average, Section 8 Housing Choice vouchers pay Carlisle landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Carlisle.
The maximum amount a voucher would pay on behalf of a low-income tenant in Carlisle, Arkansas for a two-bedroom apartment is between $980 and $1,198.
Sourced from federal housing data and AffordableHousingOnline.com research.