What HUD offices serve Calico Rock, 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.
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Calico Rock.
How many renters live in Calico Rock, Arkansas?
The City of Calico Rock has 1,822 people living in 430 households.
There are 324 renters living in 164 renter households in this City. Renters make up 17.78 percent of the population living in Calico Rock.
What is the rental market like in Calico Rock, Arkansas?
There are an estimated 524 housing units in the Calico Rock area. Of these, 164 units are rental homes, making up 31 percent of the housing market. For every renter household in Calico Rock, Arkansas, there are 1 rental units.
What is the vacancy rate for rentals in Calico Rock?
The rental vacancy rate in Calico Rock 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 Calico Rock for each bedroom size?
Occupied Rental Units by Size in Calico Rock
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 10 | 60 | 47 | 46 | 1 |
Occupied Rental Units by Size in Calico Rock
A large number of apartments in Calico Rock 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 Calico Rock are overburdened by housing costs?
Among renter households in this market, 50 percent have housing cost burden. Further, 18 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 Calico Rock
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 | $683 |
| Two BR | $814 |
| Three BR | $1,075 |
| Four BR | $1,148 |
2024 Fair Market Rents in Calico Rock, Arkansas
How many units are rented at Fair Market Rent (FMR) in Calico Rock?
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 | 10 | 100 percent |
| One BR | 55 | 92 percent |
| Two BR | 42 | 89 percent |
Rental Units Below FMR in Calico Rock, Arkansas
How many affordable rental units are in Calico Rock?
There are a variety of federal affordable housing programs serving households in Calico Rock, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 54 |
| USDA Section 515 Rural Rental Housing | 57 |
Tracked Units by Federal Program in Calico Rock, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Calico Rock, Arkansas
Calico Rock features 57 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 Calico Rock, Arkansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calico Rock.
Housing Choice Vouchers in Calico Rock, Arkansas
On average, Section 8 Housing Choice vouchers pay Calico Rock landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Calico Rock.
The maximum amount a voucher would pay on behalf of a low-income tenant in Calico Rock, Arkansas for a two-bedroom apartment is between $733 and $895.
Sourced from federal housing data and AffordableHousingOnline.com research.
