What HUD offices serve Des Arc, 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 Des Arc.
How many renters live in Des Arc, Arkansas?
The City of Des Arc has 1,400 people living in 571 households.
There are 492 renters living in 236 renter households in this City. Renters make up 35.14 percent of the population living in Des Arc.
What is the rental market like in Des Arc, Arkansas?
There are an estimated 687 housing units in the Des Arc area. Of these, 245 units are rental homes, making up 36 percent of the housing market. For every renter household in Des Arc, Arkansas, there are 1 rental units.
What is the vacancy rate for rentals in Des Arc?
The rental vacancy rate in Des Arc is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Des Arc for each bedroom size?
Occupied Rental Units by Size in Des Arc
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 72 | 89 | 49 | 18 |
Occupied Rental Units by Size in Des Arc
A large number of apartments in Des Arc 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 Des Arc are overburdened by housing costs?
Among renter households in this market, 24 percent have housing cost burden. Further, 5 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 Des Arc
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,200. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $631 |
| One BR | $648 |
| Two BR | $851 |
| Three BR | $1,029 |
| Four BR | $1,200 |
2024 Fair Market Rents in Des Arc, Arkansas
How many units are rented at Fair Market Rent (FMR) in Des Arc?
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 |
| Studio | 8 | 100 percent |
| One BR | 53 | 74 percent |
| Two BR | 63 | 71 percent |
Rental Units Below FMR in Des Arc, Arkansas
How many affordable rental units are in Des Arc?
There are a variety of federal affordable housing programs serving households in Des Arc, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 24 |
| Public Housing | 42 |
| USDA Section 515 Rural Rental Housing | 73 |
Tracked Units by Federal Program in Des Arc, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Des Arc, Arkansas
Des Arc features 73 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 Des Arc, Arkansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Des Arc.
Housing Choice Vouchers in Des Arc, Arkansas
On average, Section 8 Housing Choice vouchers pay Des Arc landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Des Arc.
The maximum amount a voucher would pay on behalf of a low-income tenant in Des Arc, Arkansas for a two-bedroom apartment is between $766 and $936.
Sourced from federal housing data and AffordableHousingOnline.com research.
