Low Income Apartments and Affordable Housing For Rent in Caddo Valley, AR

Discover affordable housing in Caddo Valley where there are 1+ 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.


Paradise Cove, Caddo Valley, Arkansas 71923

How To Identify Affordable Housing in Caddo Valley, 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 Caddo Valley, Arkansas
$4.42 (+40%) more than Arkansas minimum wage and $8.17 (+113%) more than the Federal minimum wage.
Learn More About Caddo Valley, Arkansas Affordable Housing ↓

How many renters live in Caddo Valley, Arkansas?

The City of Caddo Valley has people living in households.

There are renters living in renter households in this City. Renters make up 41.94 percent of the population living in Caddo Valley.

What is the rental market like in Caddo Valley, Arkansas?

There are an estimated housing units in the Caddo Valley area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Caddo Valley, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Caddo Valley?

The rental vacancy rate in Caddo Valley is 0 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 Caddo Valley for each bedroom size?

Occupied Rental Units by Size in Caddo Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 3 29 47 3
Occupied Rental Units by Size in Caddo Valley

A large number of apartments in Caddo Valley 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 Caddo Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $665 to $1,293. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $665
One BR $712
Two BR $814
Three BR $1,140
Four BR $1,293
2024 Fair Market Rents in Caddo Valley, Arkansas

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

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 1 50 percent
One BR 3 100 percent
Two BR 29 100 percent
Rental Units Below FMR in Caddo Valley, Arkansas

How many affordable rental units are in Caddo Valley?

Income Based Apartments in Caddo Valley, Arkansas

Caddo Valley 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 Caddo Valley, Arkansas

There are 5 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caddo Valley.

Housing Choice Vouchers in Caddo Valley, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.