Low Income Apartments and Affordable Housing For Rent in Clinton, AR

Discover affordable housing in Clinton where there are 4+ 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.

Firm Anchor

1 Shake Rag Rd, Clinton, Arkansas 0

White River Senior Housing, Inc

487 Pine St, Clinton, Arkansas 72031

Lefler Estates

813 Highway 65 S, Clinton, Arkansas 72031

Patton Square Apts

Shake Rag Road, Clinton, Arkansas

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

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

What HUD offices serve Clinton, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Clinton, Arkansas.

Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Clinton.

How many renters live in Clinton, Arkansas?

The City of Clinton has 2,508 people living in 987 households.

There are 529 renters living in 301 renter households in this City. Renters make up 21.09 percent of the population living in Clinton.

What is the rental market like in Clinton, Arkansas?

There are an estimated 1,289 housing units in the Clinton area. Of these, 401 units are rental homes, making up 31 percent of the housing market. For every renter household in Clinton, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Clinton?

The rental vacancy rate in Clinton is 20 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 Clinton for each bedroom size?

Occupied Rental Units by Size in Clinton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 124 91 63 0
Occupied Rental Units by Size in Clinton

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

Among renter households in this market, 44 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 Clinton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,084. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $615
One BR $620
Two BR $814
Three BR $1,050
Four BR $1,084
2024 Fair Market Rents in Clinton, Arkansas

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

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 17 100 percent
One BR 113 91 percent
Two BR 47 52 percent
Rental Units Below FMR in Clinton, Arkansas

How many affordable rental units are in Clinton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 41
Section 8 Project-Based Rental Assistance 21
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 77
Tracked Units by Federal Program in Clinton, Arkansas

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

Income Based Apartments in Clinton, Arkansas

Clinton features 147 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 Clinton, Arkansas

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clinton.

Housing Choice Vouchers in Clinton, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.