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

Discover affordable housing in Craighead County where there are 33+ 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.

Craighead Place

1435 Belt St, Jonesboro, Arkansas 72401

Walker Courts North and South

1129 Walker Pl, Jonesboro, Arkansas 72401

Oaktree Apartments

401 Bernis St, Brookland, Arkansas 72417

Jonesboro Sunset Gardens

2501 Ecumenical Dr, Jonesboro, Arkansas 72401

Garden Manor Estates

399 Garden Manor Dr, Jonesboro, Arkansas 72401

Benedictine Manor I

312 S Bridge St, Jonesboro, Arkansas 72401

Pecan Valley Apartments

106 E College St, Bono, Arkansas 72416

East Oak Place Apartments

4816 Samantha Ave, Jonesboro, Arkansas 72401

Oak Place Apartments

1708 E Johnson Ave, Jonesboro, Arkansas 72401

Mature Living of Bay

500 Dorton St, Bay, Arkansas 72411

Terrace Homes

1903 Word Cv, Jonesboro, Arkansas 72401

Briarwood Estates

1699 Patrick St, Jonesboro, Arkansas 72401

The Ridge at Jonesboro Phase II

1001 N Patrick St, Jonesboro, Arkansas 72401

The Villas of Jonesboro

979 N Patrick St, Jonesboro, Arkansas 72401

Caraway Commons

3308 Caraway Commons Dr, Jonesboro, Arkansas 72404


104 Kelly Dr, Caraway, Arkansas 72419

Lake City

301 Carter Cv, Lake City, Arkansas 72437

Christopher Homes of Monette

300 W Gann St, Monette, Arkansas 0


401 S Williams St, Monette, Arkansas 72447

Cedar Park Apartments

111 Daybreak Dr, Jonesboro, Arkansas 72401

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Craighead County, Arkansas
$6.73 (+61%) more than Arkansas minimum wage and $10.48 (+145%) more than the Federal minimum wage.
Learn More About Craighead County, Arkansas Affordable Housing ↓

What HUD offices serve Craighead County, 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 Craighead County, Arkansas.

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

How many renters live in Craighead County, Arkansas?

The County of Craighead County has 113,017 people living in 44,528 households.

There are 36,911 renters living in 16,849 renter households in this County. Renters make up 32.66 percent of the population living in Craighead County.

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

There are an estimated 47,084 housing units in the Craighead County area. Of these, 18,094 units are rental homes, making up 38 percent of the housing market. For every renter household in Craighead County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Craighead County?

The rental vacancy rate in Craighead 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 Craighead County for each bedroom size?

Occupied Rental Units by Size in Craighead County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
659 3,095 7,087 5,533 585
Occupied Rental Units by Size in Craighead County

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

Among renter households in this market, 53 percent have housing cost burden. Further, 30 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 Craighead County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $634 to $1,560. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $634
One BR $767
Two BR $936
Three BR $1,226
Four BR $1,560
2024 Fair Market Rents in Craighead County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Craighead 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
Studio 403 61 percent
One BR 1,996 64 percent
Two BR 4,361 62 percent
Rental Units Below FMR in Craighead County, Arkansas

How many affordable rental units are in Craighead County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,117
Public Housing 289
Section 8 Project-Based Rental Assistance 407
Section 202 Supportive Housing for the Elderly 133
Section 811 Supportive Housing for Persons with Disabilities 35
USDA Section 515 Rural Rental Housing 40
USDA Section 514 Farm Labor Housing 6
Tracked Units by Federal Program in Craighead County, Arkansas

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

Income Based Apartments in Craighead County, Arkansas

Craighead County features 667 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 Craighead County, Arkansas

There are 585 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Craighead County.

Housing Choice Vouchers in Craighead County, Arkansas

On average, Section 8 Housing Choice vouchers pay Craighead County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Craighead County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Craighead County, Arkansas for a two-bedroom apartment is between $842 and $1,030.

Sourced from federal housing data and AffordableHousingOnline.com research.