Low Income Apartments and Affordable Housing For Rent in Keiser, AR

Discover affordable housing in Keiser where there are 3+ 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.

Keiser Apartments

305 W Mill St, Keiser, Arkansas 72351

Keiser Apartments

306 W Mills St, Keiser, Arkansas 72351

Charles J. Perry

308 Pine St, Keiser, Arkansas

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Keiser, 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 Keiser, Arkansas Affordable Housing ↓

What HUD offices serve Keiser, 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 Keiser, Arkansas.

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

How many renters live in Keiser, Arkansas?

The City of Keiser has 791 people living in 314 households.

There are 268 renters living in 112 renter households in this City. Renters make up 33.88 percent of the population living in Keiser.

What is the rental market like in Keiser, Arkansas?

There are an estimated 451 housing units in the Keiser area. Of these, 207 units are rental homes, making up 46 percent of the housing market. For every renter household in Keiser, Arkansas, there are 2 rental units.

What is the vacancy rate for rentals in Keiser?

The rental vacancy rate in Keiser is 46 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 Keiser for each bedroom size?

Occupied Rental Units by Size in Keiser
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 0 29 66 9
Occupied Rental Units by Size in Keiser

A large number of apartments in Keiser 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 Keiser are overburdened by housing costs?

Among renter households in this market, 38 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 Keiser

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $598 to $1,084. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $598
One BR $623
Two BR $814
Three BR $1,080
Four BR $1,084
2024 Fair Market Rents in Keiser, Arkansas

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

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
Two BR 25 86 percent
Rental Units Below FMR in Keiser, Arkansas

How many affordable rental units are in Keiser?

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

Federal Program Unit Count
Low Income Housing Tax Credit 14
USDA Section 515 Rural Rental Housing 15
Tracked Units by Federal Program in Keiser, Arkansas

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

Income Based Apartments in Keiser, Arkansas

Keiser features 30 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 Keiser, Arkansas

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

Housing Choice Vouchers in Keiser, Arkansas

On average, Section 8 Housing Choice vouchers pay Keiser landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Keiser.

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

Sourced from federal housing data and AffordableHousingOnline.com research.