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

Discover affordable housing in Arkansas City 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.

Riverridge Apt

1401 Sprague Street #5, Arkansas City, Arkansas

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Arkansas City, Arkansas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Arkansas City, Arkansas
$4.42 (+40%) more than Arkansas minimum wage and $8.17 (+113%) more than the Federal minimum wage.
Learn More About Arkansas City, Arkansas Affordable Housing ↓

What HUD offices serve Arkansas City, 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 Arkansas City, Arkansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Arkansas City, Arkansas.

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

How many renters live in Arkansas City, Arkansas?

The City of Arkansas City has people living in households.

There are renters living in renter households in this City. Renters make up 17.65 percent of the population living in Arkansas City.

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

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

What is the vacancy rate for rentals in Arkansas City?

The rental vacancy rate in Arkansas City 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 Arkansas City for each bedroom size?

Occupied Rental Units by Size in Arkansas City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 21 18 0
Occupied Rental Units by Size in Arkansas City

A large number of apartments in Arkansas City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Arkansas City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,381. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $634
Two BR $814
Three BR $1,121
Four BR $1,381
2024 Fair Market Rents in Arkansas City, Arkansas

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

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
Two BR 14 67 percent
Rental Units Below FMR in Arkansas City, Arkansas

How many affordable rental units are in Arkansas City?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Arkansas City, Arkansas

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

Income Based Apartments in Arkansas City, Arkansas

Arkansas City features 16 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 City, Arkansas

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

Housing Choice Vouchers in Arkansas City, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.