Low Income Apartments and Affordable Housing For Rent in Arkansas County, AR

Discover affordable housing in Arkansas County where there are 12+ 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.

Cypress Point Apartments

102 E Maurice St, Humphrey, Arkansas 72073

Bellpoint Independent Living

714 W 21st St, Stuttgart, Arkansas 72160

Stuttgart Apartments

202 E RichSmith Drive, Stuttgart, Arkansas 72160

Hickory Square Apartments

1468 E 10th Ext, Stuttgart, Arkansas 72160

Buerkle Square Apartments

1009 N Buerkle St, Stuttgart, Arkansas 72160

Valley Estates of Stuttgart

202 E Richsmith Dr, Stuttgart, Arkansas 72160

Magnolia Lane Apartments

300 Magnolia Ln, Dewitt, Arkansas 72042

Hopewood Townhouses

202 E 5th St, Dewitt, Arkansas 72042

Gardenwalk of Dewitt

1509 S Harrison St, Dewitt, Arkansas 72042

Dewitt

324 Hillcrest St, Dewitt, Arkansas 72042

1808 S Rose St

1808 S Rose St, Stuttgart, Arkansas 72160

1812a S Rose St

1812A S Rose St, Stuttgart, Arkansas 72160

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Arkansas County, Arkansas
$16.23/hour
$5.23 (+48%) more than Arkansas minimum wage and $8.98 (+124%) more than the Federal minimum wage.
Learn More About Arkansas County, Arkansas Affordable Housing ↓

How many renters live in Arkansas County, Arkansas?

The County of Arkansas County has 17,024 people living in 6,559 households.

There are 5,233 renters living in 2,214 renter households in this County. Renters make up 30.74 percent of the population living in Arkansas County.

What is the rental market like in Arkansas County, Arkansas?

There are an estimated 8,717 housing units in the Arkansas County area. Of these, 2,437 units are rental homes, making up 28 percent of the housing market. For every renter household in Arkansas County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Arkansas County?

The rental vacancy rate in Arkansas County is 8 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 Arkansas County for each bedroom size?

Occupied Rental Units by Size in Arkansas County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
166 277 895 735 136
Occupied Rental Units by Size in Arkansas County

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

Among renter households in this market, 42 percent have housing cost burden. Further, 25 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 Arkansas County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $581 to $1,348. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $581
One BR $652
Two BR $857
Three BR $1,050
Four BR $1,348
2024 Fair Market Rents in Arkansas County, Arkansas

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

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 34 20 percent
One BR 206 74 percent
Two BR 591 66 percent
Rental Units Below FMR in Arkansas County, Arkansas

How many affordable rental units are in Arkansas County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 363
Public Housing 116
Section 8 Project-Based Rental Assistance 171
Section 202 Supportive Housing for the Elderly 16
Section 811 Supportive Housing for Persons with Disabilities 14
USDA Section 515 Rural Rental Housing 161
Tracked Units by Federal Program in Arkansas County, Arkansas

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

Income Based Apartments in Arkansas County, Arkansas

Arkansas County features 373 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 Arkansas County, Arkansas

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Arkansas County.

Housing Choice Vouchers in Arkansas County, Arkansas

On average, Section 8 Housing Choice vouchers pay Arkansas County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Arkansas County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Arkansas County, Arkansas for a two-bedroom apartment is between $771 and $943.

Sourced from federal housing data and AffordableHousingOnline.com research.