. Low Income Apartments For Rent in Atkins, Arkansas - Affordable Housing Online

Ken - Del Park Apartments

202 SE 4th St
Atkins, Arkansas
Rent Assisted
S. 515 Rural

Ehemann Townhill

301 Avenue 5 NW
Atkins, Arkansas
Public Housing
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There are 0 low-income apartments in Atkins that offer reduced rents to eligible households.

Rental assistance programs support 51 low-income homes in Atkins where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Atkins, 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.

Housing Authority Programs
Housing Authority of the City of Atkins Public Housing
Pope County Public Facilities Board Section 8 Housing Choice Voucher (HCV)
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Atkins.

Atkins, Arkansas Affordable Housing Data

Income Based Apartments in Atkins, Arkansas

Atkins features 51 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 Atkins, Arkansas

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

Housing Choice Vouchers in Atkins, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Atkins, Arkansas for a two-bedroom apartment is between $673 and $823.

2023 Atkins, Arkansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Atkins, Arkansas Fair Market Rent $560 $596 $748 $1,054 $1,092
Atkins, Arkansas Payment Standard Range $504 to $616 $536 to $656 $673 to $823 $949 to $1,159 $983 to $1,201

Sourced from federal housing data and AffordableHousingOnline.com research.

Atkins, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 51
Total Housing Units with Rental Assistance 51
Percentage of Housing Units Occupied By Renters 39.75%
Average Renter Household Size 2.62
Average Household Size 2.67
Median Household Income $40,122 ±$4,734
Median Rent $598 ±$82
Percentage Of Renters Overburdened 26.36% ± 12.28pp
Total Population 3,042

Population and Household Demographics

Atkins is a city in Pope County, Arkansas with a population of 3,042. There are 1,107 households in the city with an average household size of 2.67 persons. 39.75% of households in Atkins are renters.

Income and Rent Overburden in Atkins

The median gross income for households in Atkins is $40,122 a year, or $3,344 a month. The median rent for the city is $598 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Atkins, a household making less than $1,993 a month would be considered overburdened when renting an apartment at or above the median rent. 26.36% of households who rent are overburdened in Atkins.

Area Median Income In Atkins

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Atkins, the AMI is calculated from all households within Pope County.

In Atkins, HUD calculates the Area Median Income for a family of four as $65,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Atkins

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Atkins

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Atkins AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,600 $37,150 $39,700 $42,250
50% AMI Income Limits
Renters earning up to 50% of the Atkins AMI may qualify for rental assistance programs that target Very Low Income households.
$22,400 $25,600 $28,800 $32,000 $34,600 $37,150 $39,700 $42,250
80% AMI Income Limits
Renters earning up to 80% of the Atkins AMI may qualify for rental assistance programs that target Low Income households.
$35,850 $41,000 $46,100 $51,200 $55,300 $59,400 $63,500 $67,600