Low Income Apartments and Affordable Housing For Rent in Jonesboro, LA

Discover affordable housing in Jonesboro where there are 2+ 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.

Jackson Square Apartments II

305 S Cedar St, Jonesboro, Louisiana 71251

Caney Creek Apartments

619 E Main St, Jonesboro, Louisiana 71251

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Jonesboro, Louisiana
$15.57/hour
$8.32 (+115%) more than Louisiana minimum wage and $8.32 (+115%) more than the Federal minimum wage.
Learn More About Jonesboro, Louisiana Affordable Housing ↓

What HUD offices serve Jonesboro, Louisiana?

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 Public Housing programs for Jonesboro, Louisiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Jonesboro, Louisiana.

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

How many renters live in Jonesboro, Louisiana?

The City of Jonesboro has 4,135 people living in 1,311 households.

There are 1,849 renters living in 810 renter households in this City. Renters make up 44.72 percent of the population living in Jonesboro.

What is the rental market like in Jonesboro, Louisiana?

There are an estimated 1,675 housing units in the Jonesboro area. Of these, 848 units are rental homes, making up 51 percent of the housing market. For every renter household in Jonesboro, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Jonesboro?

The rental vacancy rate in Jonesboro 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 Jonesboro for each bedroom size?

Occupied Rental Units by Size in Jonesboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 85 282 412 27
Occupied Rental Units by Size in Jonesboro

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

Among renter households in this market, 47 percent have housing cost burden. Further, 29 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 Jonesboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,105. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $615
One BR $732
Two BR $822
Three BR $1,101
Four BR $1,105
2024 Fair Market Rents in Jonesboro, Louisiana

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

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 83 98 percent
Two BR 220 78 percent
Rental Units Below FMR in Jonesboro, Louisiana

How many affordable rental units are in Jonesboro?

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

Federal Program Unit Count
Low Income Housing Tax Credit 104
Public Housing 191
Section 8 Project-Based Rental Assistance 10
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 120
Tracked Units by Federal Program in Jonesboro, Louisiana

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

Income Based Apartments in Jonesboro, Louisiana

Jonesboro features 52 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 Jonesboro, Louisiana

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

Housing Choice Vouchers in Jonesboro, Louisiana

On average, Section 8 Housing Choice vouchers pay Jonesboro landlords $900 per month towards rent. The average voucher holder contributes $200 towards rent in Jonesboro.

The maximum amount a voucher would pay on behalf of a low-income tenant in Jonesboro, Louisiana for a two-bedroom apartment is between $740 and $904.

Sourced from federal housing data and AffordableHousingOnline.com research.