Low Income Apartments and Affordable Housing For Rent in Baxter County, AR

Discover affordable housing in Baxter County where there are 28+ 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.

Ashflat Senior Citizens

Po Box D, Mountain Home, Arkansas 72513

Summerhill I Apartments

600 Summerhill Dr, Gassville, Arkansas 72635

Lakeview Estates

107 Lakeview Dr, Lakeview, Arkansas 72642

Cotter Senior Citizens Apartments

262 N Section Line Dr, Cotter, Arkansas 72626

Park West Patio Homes ( Fka Park West Apartments )

567 Embassy Pkwy, Mountain Home, Arkansas 72653

Norfork Villas

13784 Highway 5 S, Norfork, Arkansas 72658

Mountainview Estates

Hwy 62 W and Hwy 126 N, Gassville, Arkansas 72635

Summehill Apartments

605 Summerhill Dr, Gassville, Arkansas 72635

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Baxter County, Arkansas
$16.88/hour
$5.88 (+53%) more than Arkansas minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Baxter County, Arkansas Affordable Housing ↓

How many renters live in Baxter County, Arkansas?

The County of Baxter County has 41,801 people living in 19,021 households.

There are 10,702 renters living in 4,879 renter households in this County. Renters make up 25.6 percent of the population living in Baxter County.

What is the rental market like in Baxter County, Arkansas?

There are an estimated 22,747 housing units in the Baxter County area. Of these, 5,200 units are rental homes, making up 23 percent of the housing market. For every renter household in Baxter County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Baxter County?

The rental vacancy rate in Baxter County is 4 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 Baxter County for each bedroom size?

Occupied Rental Units by Size in Baxter County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
182 670 2,338 1,482 183
Occupied Rental Units by Size in Baxter County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 16 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 Baxter County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,257. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $678
Two BR $891
Three BR $1,119
Four BR $1,257
2024 Fair Market Rents in Baxter County, Arkansas

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

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 59 32 percent
One BR 377 56 percent
Two BR 1,456 62 percent
Rental Units Below FMR in Baxter County, Arkansas

How many affordable rental units are in Baxter County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 581
Section 8 Project-Based Rental Assistance 50
Section 202 Supportive Housing for the Elderly 25
USDA Section 515 Rural Rental Housing 220
Tracked Units by Federal Program in Baxter County, Arkansas

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

Income Based Apartments in Baxter County, Arkansas

Baxter County features 290 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 490 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 $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.