Affordable Housing In Clay County
Arkansas

15 Low Income Apartment Communities In Clay County

Sunridge Apartments

400 Stephan Ln
Corning, Arkansas
Call For Rent
1-2 BR
Subsidized

Piggott Elderly Apartments

666 Orr St
Piggot, Arkansas
Call For Rent
1 BR
Subsidized
62+

Piggott Family Apartments

400 S 12th St
Piggot, Arkansas
Call For Rent
1-2 BR
Subsidized

Indian Hills Apartments

25 Indian Hills Dr
Rector, Arkansas
Call For Rent
1-3 BR
Subsidized

Corning Senior

806 Elm Street
Corning, Arkansas
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Brad of Piggott

551 W Main St
Piggott, Arkansas
Subsidized
62+
Accessible
Elderly Supportive Housing

Brad of Corning

1600 Success St
Corning, Arkansas
Subsidized
62+
Accessible
Elderly Supportive Housing

Corning Ilc

710 Sharon Cir
Corning, Arkansas
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Rector

132 N Main St
Rector, Arkansas

Pinewood Aoartments

811 Vine St
Corning, Arkansas

Section 8 Vouchers, Apartments, and Waiting Lists in Clay County, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Clay County, Arkansas

Housing Authority Programs
Clay County Public Housing Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Clay County, Arkansas

There are 15 low income housing apartment communities offering 340 affordable apartments for rent in Clay County, Arkansas.

Income Based Apartments in Clay County, Arkansas

Clay County features 301 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 Clay County, Arkansas

There are 39 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clay County.

Housing Choice Vouchers in Clay County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Clay County, Arkansas for a two-bedroom apartment is between $584 and $714.

2022 Clay County, Arkansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Clay County, Arkansas Fair Market Rent $490 $493 $649 $802 $1,061
Clay County, Arkansas Payment Standard Range $441 to $539 $444 to $542 $584 to $714 $722 to $882 $955 to $1,167

Sourced from federal housing data and AffordableHousingOnline.com research.

Clay County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 340
Total Housing Units with Rental Assistance 301
Percentage of Housing Units Occupied By Renters 26.52%
Average Renter Household Size 2.31
Average Household Size 2.31
Median Household Income $32,552 ±$2,465
Median Rent $509 ±$37
Percentage Of Renters Overburdened 45.52% ± 8.25pp
Total Population 15,400

Population and Household Demographics

Clay County is a county in Arkansas with a population of 15,400. There are 6,611 households in the county with an average household size of 2.31 persons. 26.52% of households in Clay County are renters.

Income and Rent Overburden in Clay County

The median gross income for households in Clay County is $32,552 a year, or $2,713 a month. The median rent for the county is $509 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clay County, a household making less than $1,697 a month would be considered overburdened when renting an apartment at or above the median rent. 45.52% of households who rent are overburdened in Clay County.

Area Median Income In Clay County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Clay County, HUD calculates the Area Median Income for a family of four as $47,100

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Clay County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Clay County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Clay County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,250 $31,400 $33,550 $35,750
50% AMI Income Limits
Renters earning up to 50% of the Clay County AMI may qualify for rental assistance programs that target Very Low Income households.
$18,950 $21,650 $24,350 $27,050 $29,250 $31,400 $33,550 $35,750
80% AMI Income Limits
Renters earning up to 80% of the Clay County AMI may qualify for rental assistance programs that target Low Income households.
$30,350 $34,650 $39,000 $43,300 $46,800 $50,250 $53,700 $57,200

Cities In Clay County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Corning The HUD funded Public Housing Agency that serves Corning is the Clay County Public Housing Agency.
Datto The HUD funded Public Housing Agency that serves Datto is the Clay County Public Housing Agency.
Greenway The HUD funded Public Housing Agency that serves Greenway is the Clay County Public Housing Agency.
Knobel The HUD funded Public Housing Agency that serves Knobel is the Clay County Public Housing Agency.
McDougal The HUD funded Public Housing Agency that serves McDougal is the Clay County Public Housing Agency.
Nimmons The HUD funded Public Housing Agency that serves Nimmons is the Clay County Public Housing Agency.
Peach Orchard The HUD funded Public Housing Agency that serves Peach Orchard is the Clay County Public Housing Agency.
Piggot The HUD funded Public Housing Agency that serves Piggot is the Clay County Public Housing Agency.
Piggott The HUD funded Public Housing Agency that serves Piggott is the Clay County Public Housing Agency.
Pollard The HUD funded Public Housing Agency that serves Pollard is the Clay County Public Housing Agency.
Rector The HUD funded Public Housing Agencies that serve Rector are the Rector Housing Authority and Clay County Public Housing Agency.
St. Francis The HUD funded Public Housing Agency that serves St. Francis is the Clay County Public Housing Agency.
Success The HUD funded Public Housing Agency that serves Success is the Clay County Public Housing Agency.