What HUD offices serve Coal Hill, 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 Coal Hill.
How many renters live in Coal Hill, Arkansas?
The City of Coal Hill has 791 people living in 339 households.
There are 214 renters living in 128 renter households in this City. Renters make up 27.05 percent of the population living in Coal Hill.
What is the rental market like in Coal Hill, Arkansas?
There are an estimated 385 housing units in the Coal Hill area. Of these, 128 units are rental homes, making up 33 percent of the housing market. For every renter household in Coal Hill, Arkansas, there are 1 rental units.
What is the vacancy rate for rentals in Coal Hill?
The rental vacancy rate in Coal Hill 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 Coal Hill for each bedroom size?
Occupied Rental Units by Size in Coal Hill
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 4 | 52 | 67 | 5 | 0 |
Occupied Rental Units by Size in Coal Hill
A large number of apartments in Coal Hill 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 Coal Hill are overburdened by housing costs?
Among renter households in this market, 66 percent have housing cost burden. Further, 20 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 Coal Hill
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $612 to $1,164. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $612 |
| One BR | $628 |
| Two BR | $825 |
| Three BR | $1,050 |
| Four BR | $1,164 |
2024 Fair Market Rents in Coal Hill, Arkansas
How many units are rented at Fair Market Rent (FMR) in Coal Hill?
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 | 2 | 50 percent |
| One BR | 38 | 73 percent |
| Two BR | 57 | 85 percent |
Rental Units Below FMR in Coal Hill, Arkansas
How many affordable rental units are in Coal Hill?
There are a variety of federal affordable housing programs serving households in Coal Hill, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 20 |
| Public Housing | 21 |
| USDA Section 515 Rural Rental Housing | 21 |
Tracked Units by Federal Program in Coal Hill, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Coal Hill, Arkansas
Coal Hill features 41 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 Coal Hill, Arkansas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coal Hill.
Housing Choice Vouchers in Coal Hill, Arkansas
On average, Section 8 Housing Choice vouchers pay Coal Hill landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Coal Hill.
The maximum amount a voucher would pay on behalf of a low-income tenant in Coal Hill, Arkansas for a two-bedroom apartment is between $743 and $908.
Sourced from federal housing data and AffordableHousingOnline.com research.
