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

Discover affordable housing in Conway where there are 46+ 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.

Cottages at Conway

1915 RichSmith Lane, Conway, Arkansas 72032

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Park Ridge at Conway

1960 Rich Smith Ln, Conway, Arkansas 72032

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Conway Housing Associates

704 4th Ave, Conway, Arkansas 72032

switch_access_shortcut Short Wait

Autumn Manor

315 Hubbard Rd, Conway, Arkansas 72034

payment Subsidized

Stone Ridge at Conway

1985 Rich Smith Ln, Conway, Arkansas 72032

bed 1-3
payment $510-775/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Old Conway Village

1440 Sutton St, Conway, Arkansas 72032

bed 3
switch_access_shortcut Short Wait
accessibility Accessible

Rock Creek Conway

375 Monroe St, Conway, Arkansas 72032

bed 1-2
payment $899-999/mo.

University Park Apartments

1025 S Donaghey Ave, Conway, Arkansas 72034

bed 2
payment $830/mo.

The Lusso

1637 Clifton St, Conway, Arkansas 72032

bed 4
payment $1650/mo.

1720 Isabella Rd

1720 Isabella Rd, Conway, Arkansas 72032

bed 4
payment $1650/mo.

1321 Bruce St Unit A

1321 Bruce St Unit A, Conway, Arkansas 72034

bed 2
payment $900/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

23 Eve Ln

23 Eve Ln, Conway, Arkansas 72034

bed 3
payment $1300/mo.

307 Mildred St

307 Mildred St, Conway, Arkansas 72034

bed 3
payment $1200/mo.

1430 Arapaho Trail

1430 Arapaho Trail, Conway, Arkansas 72034

bed 3
payment $1450/mo.

1210 Donaghey Ave

1210 Donaghey Ave, Conway, Arkansas 72034

bed 4
payment $1595/mo.

105 Mitchell St Unit 105-A

105 Mitchell St Unit 105-A, Conway, Arkansas 72034

bed 3
payment $1300/mo.

1265 Harton St

1265 Harton St, Conway, Arkansas 72032

bed 3
payment $1000/mo.

1735 Longfellow Dr

1735 Longfellow Dr, Conway, Arkansas 72034

bed 3
payment $1200/mo.

19 Curly Leaf Ln

19 Curly Leaf Ln, Conway, Arkansas 72032

bed 4
payment $1595/mo.

1760 Monaco Dr

1760 Monaco Dr, Conway, Arkansas 72034

bed 3
payment $1400/mo.

How To Identify Affordable Housing in Conway, Arkansas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Conway, Arkansas
$20.63/hour
$9.63 (+88%) more than Arkansas minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Conway, Arkansas Affordable Housing ↓

What HUD offices serve Conway, 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 Conway, Arkansas.

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

How many renters live in Conway, Arkansas?

The City of Conway has people living in households.

There are renters living in renter households in this City. Renters make up 44.54 percent of the population living in Conway.

What is the rental market like in Conway, Arkansas?

There are an estimated housing units in the Conway area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Conway, Arkansas, there are 1.03 rental units.

What is the vacancy rate for rentals in Conway?

The rental vacancy rate in Conway is 7 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 Conway for each bedroom size?

Occupied Rental Units by Size in Conway
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
323 1,840 7,683 3,916 392
Occupied Rental Units by Size in Conway

A large number of apartments in Conway have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Conway

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $944
One BR $950
Two BR $1,089
Three BR $1,454
Four BR $1,717
2024 Fair Market Rents in Conway, Arkansas

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

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 142 44 percent
One BR 1,435 78 percent
Two BR 6,078 79 percent
Rental Units Below FMR in Conway, Arkansas

How many affordable rental units are in Conway?

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

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

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

Income Based Apartments in Conway, Arkansas

Conway features 298 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 Conway, Arkansas

There are 1,169 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Conway.

Housing Choice Vouchers in Conway, Arkansas

On average, Section 8 Housing Choice vouchers pay Conway landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Conway.

The maximum amount a voucher would pay on behalf of a low-income tenant in Conway, Arkansas for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.

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