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

Discover affordable housing in Arkadelphia where there are 9+ 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.

Elliston Place

222 N 20th St, Arkadelphia, Arkansas 71923

River Oaks Apartments

3025 Twin Rivers Dr, Arkadelphia, Arkansas 71923

Village Creek Apartments

2811 Twin Rivers Dr, Arkadelphia, Arkansas 71923

Ouachita Village Apartments

11 Cypress Rd, Arkadelphia, Arkansas 71923

Cutler Terrace Limited

1401 Cutler St, Arkadelphia, Arkansas 71923

Ridgecrest Limited Partne

724 S 10th St, Arkadelphia, Arkansas 71923

Walnut Square Apartments

1010 South 16th, Arkadelphia, Arkansas

Carpenter Hill Homes

670 S 6th St, Arkadelphia, Arkansas 71923

Pdc Seventeen Limited Par

1016 Country Club Rd, Arkadelphia, Arkansas 71923

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

What HUD offices serve Arkadelphia, 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), Public Housing programs for Arkadelphia, Arkansas.

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

How many renters live in Arkadelphia, Arkansas?

The City of Arkadelphia has 10,354 people living in 3,562 households.

There are 4,201 renters living in 2,099 renter households in this City. Renters make up 40.57 percent of the population living in Arkadelphia.

What is the rental market like in Arkadelphia, Arkansas?

There are an estimated 4,218 housing units in the Arkadelphia area. Of these, 2,337 units are rental homes, making up 55 percent of the housing market. For every renter household in Arkadelphia, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Arkadelphia?

The rental vacancy rate in Arkadelphia is 10 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 Arkadelphia for each bedroom size?

Occupied Rental Units by Size in Arkadelphia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
114 628 960 297 100
Occupied Rental Units by Size in Arkadelphia

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

Among renter households in this market, 49 percent have housing cost burden. Further, 30 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 Arkadelphia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $665 to $1,293. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $665
One BR $712
Two BR $814
Three BR $1,140
Four BR $1,293
2024 Fair Market Rents in Arkadelphia, Arkansas

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

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 81 71 percent
One BR 470 75 percent
Two BR 536 56 percent
Rental Units Below FMR in Arkadelphia, Arkansas

How many affordable rental units are in Arkadelphia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 326
Public Housing 100
Section 8 Project-Based Rental Assistance 177
USDA Section 515 Rural Rental Housing 172
Tracked Units by Federal Program in Arkadelphia, Arkansas

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

Income Based Apartments in Arkadelphia, Arkansas

Arkadelphia features 383 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 Arkadelphia, Arkansas

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

Housing Choice Vouchers in Arkadelphia, Arkansas

On average, Section 8 Housing Choice vouchers pay Arkadelphia landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Arkadelphia.

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

Sourced from federal housing data and AffordableHousingOnline.com research.