Affordable Housing In Baxter County

28 Low Income Apartment Communities In Baxter County

Park West Village

810 Embassy Pkwy
Mountain Home, Arkansas

Cardinal Apartments

605 S Cardinal Dr
Mountain Home, Arkansas

Summerhill I Apartments

600 Summerhill Dr
Gassville, Arkansas

Mountainview Estates

Hwy 62 W and Hwy 126 N
Gassville, Arkansas

Parkwest Apartments

Burnett And Bucher Sts
Mountain Home, Arkansas

Ashflat Senior Citizens

Po Box D
Mountain Home, Arkansas

Mountain Station II Apartments

1749 Glenbriar Dr
Mountain Home, Arkansas

Park Place I Apartments

300 Dyer St
Mountain Home, Arkansas

Park West Senior Citizens Apartments

559 Embassy Pkwy
Mountain Home, Arkansas

Norfork Villas

13784 Highway 5 S
Norfork, Arkansas

Guide To Affordable Housing in Baxter County, Arkansas

There are 28 low income housing apartment communities offering 1,054 affordable apartments for rent in Baxter County, Arkansas.

Income Based Apartments in Baxter County, Arkansas

Baxter County features 351 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 Baxter County, Arkansas

There are 703 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Baxter County.

Housing Choice Vouchers in Baxter County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Baxter County, Arkansas for a two-bedroom apartment is between $638 and $780.

2022 Baxter County, 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
Baxter County, Arkansas Fair Market Rent $525 $547 $709 $876 $978
Baxter County, Arkansas Payment Standard Range $473 to $578 $492 to $602 $638 to $780 $788 to $964 $880 to $1,076

Sourced from federal housing data and research.

Baxter County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 28
Total Low Income Apartments 1,054
Total Housing Units with Rental Assistance 351
Percentage of Housing Units Occupied By Renters 24.43%
Average Renter Household Size 2.29
Average Household Size 2.23
Median Household Income $35,396 ±$2,040
Median Rent $624 ±$31
Percentage Of Renters Overburdened 42.11% ± 6.14pp
Total Population 41,040

Population and Household Demographics

Baxter County is a county in Arkansas with a population of 41,040. There are 18,164 households in the county with an average household size of 2.23 persons. 24.43% of households in Baxter County are renters.

Income and Rent Overburden in Baxter County

The median gross income for households in Baxter County is $35,396 a year, or $2,950 a month. The median rent for the county is $624 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Baxter County, a household making less than $2,080 a month would be considered overburdened when renting an apartment at or above the median rent. 42.11% of households who rent are overburdened in Baxter County.

Area Median Income In Baxter County

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.

In Baxter County, HUD calculates the Area Median Income for a family of four as $52,600

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 Baxter County

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 Baxter County

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 Baxter County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,250 $31,400 $33,550 $35,750
50% AMI Income Limits
Renters earning up to 50% of the Baxter County AMI may qualify for rental assistance programs that target Very Low Income households.
$18,950 $21,650 $24,350 $27,050 $29,250 $31,400 $33,550 $35,750
80% AMI Income Limits
Renters earning up to 80% of the Baxter County AMI may qualify for rental assistance programs that target Low Income households.
$30,350 $34,650 $39,000 $43,300 $46,800 $50,250 $53,700 $57,200

Cities In Baxter County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Big Flat
Mountain Home