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

Discover affordable housing in Mountainburg 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.

Savannahpark of Mountainburg

535 Phillips Ln, Mountainburg, Arkansas 72946

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mountainburg, Arkansas
$16.88/hour
$5.88 (+53%) more than Arkansas minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Mountainburg, Arkansas Affordable Housing ↓

What HUD offices serve Mountainburg, 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 Mountainburg, Arkansas.

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

How many renters live in Mountainburg, Arkansas?

The City of Mountainburg has 544 people living in 233 households.

There are 102 renters living in 53 renter households in this City. Renters make up 18.75 percent of the population living in Mountainburg.

What is the rental market like in Mountainburg, Arkansas?

There are an estimated 267 housing units in the Mountainburg area. Of these, 65 units are rental homes, making up 24 percent of the housing market. For every renter household in Mountainburg, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Mountainburg?

The rental vacancy rate in Mountainburg is 18 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 Mountainburg for each bedroom size?

Occupied Rental Units by Size in Mountainburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 22 16 15 0
Occupied Rental Units by Size in Mountainburg

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

Among renter households in this market, 42 percent have housing cost burden. Further, 19 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 Mountainburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $678
Two BR $891
Three BR $1,222
Four BR $1,437
2024 Fair Market Rents in Mountainburg, Arkansas

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

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 16 73 percent
Two BR 16 100 percent
Rental Units Below FMR in Mountainburg, Arkansas

How many affordable rental units are in Mountainburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Mountainburg, Arkansas

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

Income Based Apartments in Mountainburg, Arkansas

Mountainburg features 24 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 Mountainburg, Arkansas

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

Housing Choice Vouchers in Mountainburg, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mountainburg, Arkansas for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.