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

Discover affordable housing in Bradley where there are 3+ 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.

Bradley Manor

111 Woodruff St, Bradley, Arkansas 71826

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Bradley, City Of

417 Woodruff St, Bradley, Arkansas 71826

switch_access_shortcut Short Wait
accessibility Accessible

Rainbow of Challenges Homes of Bradley

403 W Seventh St, Bradley, Arkansas 71826

payment Subsidized
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Bradley, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bradley, Arkansas
$15.42/hour
$4.42 (+40%) more than Arkansas minimum wage and $8.17 (+113%) more than the Federal minimum wage.
Learn More About Bradley, Arkansas Affordable Housing ↓

What HUD offices serve Bradley, 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) programs for Bradley, Arkansas.

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

How many renters live in Bradley, Arkansas?

The City of Bradley has people living in households.

There are renters living in renter households in this City. Renters make up 40 percent of the population living in Bradley.

What is the rental market like in Bradley, Arkansas?

There are an estimated housing units in the Bradley area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bradley, Arkansas, there are 1.28 rental units.

What is the vacancy rate for rentals in Bradley?

The rental vacancy rate in Bradley is 22 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Bradley for each bedroom size?

Occupied Rental Units by Size in Bradley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
34 18 12 21 2
Occupied Rental Units by Size in Bradley

A large number of apartments in Bradley 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 Bradley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $620
Two BR $814
Three BR $984
Four BR $1,148
2024 Fair Market Rents in Bradley, Arkansas

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

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 19 56 percent
One BR 17 94 percent
Two BR 5 42 percent
Rental Units Below FMR in Bradley, Arkansas

How many affordable rental units are in Bradley?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Bradley, Arkansas

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

Income Based Apartments in Bradley, Arkansas

Bradley features 35 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 Bradley, Arkansas

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bradley.

Housing Choice Vouchers in Bradley, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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