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

Discover affordable housing in Austin where there are 7+ 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.

150 Corum Cove

150 Corum Cove, Austin, Arkansas 72007

bed 2
payment $725/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

300 N 2nd St Unit 316

300 N 2nd St Unit 316, Austin, Arkansas 72007

bed 2
payment $795/mo.

101 N 1st St

101 N 1st St, Austin, Arkansas 72007

bed 2
payment $895/mo.

300 N 2nd St Unit 514

300 N 2nd St Unit 514, Austin, Arkansas 72007

bed 2
payment $795/mo.

339 Weathering Ln

339 Weathering Ln, Austin, Arkansas 72007

bed 3
payment $1395/mo.

300 N 2nd St Unit 211

300 N 2nd St Unit 211, Austin, Arkansas 72007

bed 2
payment $795/mo.

300 N 2nd St Unit 310

300 N 2nd St Unit 310, Austin, Arkansas 72007

bed 2
payment $795/mo.

How To Identify Affordable Housing in Austin, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
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 Austin, Arkansas
$20.63/hour
$9.63 (+88%) more than Arkansas minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Austin, Arkansas Affordable Housing ↓

What HUD offices serve Austin, 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 Austin, Arkansas.

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

How many renters live in Austin, Arkansas?

The City of Austin has people living in households.

There are renters living in renter households in this City. Renters make up 20.11 percent of the population living in Austin.

What is the rental market like in Austin, Arkansas?

There are an estimated housing units in the Austin area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Austin, Arkansas, there are 1.06 rental units.

What is the vacancy rate for rentals in Austin?

The rental vacancy rate in Austin is 6 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 Austin for each bedroom size?

Occupied Rental Units by Size in Austin
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 52 220 27
Occupied Rental Units by Size in Austin

A large number of apartments in Austin 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 Austin

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $944
One BR $950
Two BR $1,089
Three BR $1,454
Four BR $1,717
2024 Fair Market Rents in Austin, Arkansas

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

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 42 81 percent
Rental Units Below FMR in Austin, Arkansas

How many affordable rental units are in Austin?

Income Based Apartments in Austin, Arkansas

Austin features 0 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 Austin, Arkansas

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

Housing Choice Vouchers in Austin, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Austin, Arkansas for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.

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