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

Discover affordable housing in Clark County where there are 13+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clark County, 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 Clark County, Arkansas Affordable Housing ↓

How many renters live in Clark County, Arkansas?

The County of Clark County has 21,469 people living in 7,955 households.

There are 6,409 renters living in 2,991 renter households in this County. Renters make up 29.85 percent of the population living in Clark County.

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

There are an estimated 10,039 housing units in the Clark County area. Of these, 3,348 units are rental homes, making up 33 percent of the housing market. For every renter household in Clark County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Clark County?

The rental vacancy rate in Clark County is 11 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 Clark County for each bedroom size?

Occupied Rental Units by Size in Clark County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
144 738 1,289 644 170
Occupied Rental Units by Size in Clark County

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

Among renter households in this market, 42 percent have housing cost burden. Further, 24 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 Clark County

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 Clark County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Clark 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 82 57 percent
One BR 555 75 percent
Two BR 778 60 percent
Rental Units Below FMR in Clark County, Arkansas

How many affordable rental units are in Clark County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 346
Public Housing 132
Section 8 Project-Based Rental Assistance 177
USDA Section 515 Rural Rental Housing 197
Tracked Units by Federal Program in Clark County, Arkansas

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

Income Based Apartments in Clark County, Arkansas

Clark County features 439 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 Clark County, Arkansas

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clark County.

Housing Choice Vouchers in Clark County, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.