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

Discover affordable housing in Portia 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.

Haynes House

303 W Free St, Portia, Arkansas 72457

Portia Apartments

108 Church St, Portia, Arkansas

Portia Farms, Inc.

200 Free St., Portia, Arkansas

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

What HUD offices serve Portia, 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 Portia, Arkansas.

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

How many renters live in Portia, Arkansas?

The City of Portia has 521 people living in 205 households.

There are 74 renters living in 28 renter households in this City. Renters make up 14.2 percent of the population living in Portia.

What is the rental market like in Portia, Arkansas?

There are an estimated 234 housing units in the Portia area. Of these, 47 units are rental homes, making up 20 percent of the housing market. For every renter household in Portia, Arkansas, there are 2 rental units.

What is the vacancy rate for rentals in Portia?

The rental vacancy rate in Portia is 0 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 Portia for each bedroom size?

Occupied Rental Units by Size in Portia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 6 16 6 0
Occupied Rental Units by Size in Portia

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

Among renter households in this market, 14 percent have housing cost burden. Further, 0 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 Portia

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 Portia, Arkansas

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

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 6 100 percent
Two BR 10 63 percent
Rental Units Below FMR in Portia, Arkansas

How many affordable rental units are in Portia?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 10
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Portia, Arkansas

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

Income Based Apartments in Portia, Arkansas

Portia features 31 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 Portia, Arkansas

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

Housing Choice Vouchers in Portia, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.