Affordable Housing In Columbia County
11 Low Income Apartment Communities In Columbia County
Guide To Affordable Housing in Columbia County, Arkansas
There are 11 low income housing apartment communities offering 551 affordable apartments for rent in Columbia County, Arkansas.
Income Based Apartments in Columbia County, Arkansas
Columbia County features 464 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 Columbia County, Arkansas
There are 87 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia County.
Housing Choice Vouchers in Columbia County, Arkansas
On average, Section 8 Housing Choice vouchers pay Columbia County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Columbia County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia County, Arkansas for a two-bedroom apartment is between $584 and $714.
2022 Columbia 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|
|Columbia County, Arkansas Fair Market Rent||$490||$493||$649||$876||$914|
|Columbia County, Arkansas Payment Standard Range||$441 to $539||$444 to $542||$584 to $714||$788 to $964||$823 to $1,005|
Sourced from federal housing data and AffordableHousingOnline.com research.
Columbia County, AR Affordable Housing Snapshot
|Total Affordable Apartment Properties||11|
|Total Low Income Apartments||551|
|Total Housing Units with Rental Assistance||464|
|Percentage of Housing Units Occupied By Renters||31.81%|
|Average Renter Household Size||2.24|
|Average Household Size||2.37|
|Median Household Income||$36,619 ±$3,136|
|Median Rent||$599 ±$53|
|Percentage Of Renters Overburdened||38.58% ± 7.24pp|
Population and Household Demographics
Columbia County is a county in Arkansas with a population of 24,327. There are 9,597 households in the county with an average household size of 2.37 persons. 31.81% of households in Columbia County are renters.
Income and Rent Overburden in Columbia County
The median gross income for households in Columbia County is $36,619 a year, or $3,052 a month. The median rent for the county is $599 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Columbia County, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 38.58% of households who rent are overburdened in Columbia County.
Area Median Income In Columbia 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 Columbia County, HUD calculates the Area Median Income for a family of four as $51,800
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 Columbia 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 Columbia 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 Columbia County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Columbia County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Columbia County AMI may qualify for rental assistance programs that target Low Income households.