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

Discover affordable housing in Cleveland County where there are 2+ 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.

Rison Villas

300 Rison Villas, Rison, Arkansas 71665

Tolson Homes

500 Rice St, Rison, Arkansas 71665

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cleveland County, Arkansas
$17.16/hour
$6.16 (+56%) more than Arkansas minimum wage and $9.91 (+137%) more than the Federal minimum wage.
Learn More About Cleveland County, Arkansas Affordable Housing ↓

How many renters live in Cleveland County, Arkansas?

The County of Cleveland County has 7,548 people living in 2,742 households.

There are 1,195 renters living in 450 renter households in this County. Renters make up 15.83 percent of the population living in Cleveland County.

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

There are an estimated 3,604 housing units in the Cleveland County area. Of these, 467 units are rental homes, making up 13 percent of the housing market. For every renter household in Cleveland County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Cleveland County?

The rental vacancy rate in Cleveland County is 4 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 Cleveland County for each bedroom size?

Occupied Rental Units by Size in Cleveland County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 7 122 284 32
Occupied Rental Units by Size in Cleveland County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 8 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 Cleveland County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $635 to $1,207. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $635
One BR $690
Two BR $906
Three BR $1,151
Four BR $1,207
2024 Fair Market Rents in Cleveland County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Cleveland 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
One BR 7 100 percent
Two BR 70 57 percent
Rental Units Below FMR in Cleveland County, Arkansas

How many affordable rental units are in Cleveland County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
Public Housing 32
USDA Section 515 Rural Rental Housing 41
Tracked Units by Federal Program in Cleveland County, Arkansas

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

Income Based Apartments in Cleveland County, Arkansas

Cleveland County features 75 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 Cleveland County, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cleveland County.

Housing Choice Vouchers in Cleveland County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cleveland County, Arkansas for a two-bedroom apartment is between $815 and $997.

Sourced from federal housing data and AffordableHousingOnline.com research.