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

Discover affordable housing in Dardanelle where there are 3+ 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.

Dardanelle Retirement Center

907 N 7th St, Dardanelle, Arkansas 72834

Dardanelle

502 Meyer St, Dardanelle, Arkansas 72834

Yell County Special Svc

102 S 3rd St, Dardanelle, Arkansas 72834

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Dardanelle, 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 Public Housing programs for Dardanelle, Arkansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Dardanelle, Arkansas.

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

How many renters live in Dardanelle, Arkansas?

The City of Dardanelle has 4,544 people living in 1,663 households.

There are 1,708 renters living in 709 renter households in this City. Renters make up 37.59 percent of the population living in Dardanelle.

What is the rental market like in Dardanelle, Arkansas?

There are an estimated 1,840 housing units in the Dardanelle area. Of these, 803 units are rental homes, making up 44 percent of the housing market. For every renter household in Dardanelle, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Dardanelle?

The rental vacancy rate in Dardanelle 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 Dardanelle for each bedroom size?

Occupied Rental Units by Size in Dardanelle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
86 125 221 267 10
Occupied Rental Units by Size in Dardanelle

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

Among renter households in this market, 28 percent have housing cost burden. Further, 10 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 Dardanelle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $636
Two BR $814
Three BR $1,140
Four BR $1,148
2024 Fair Market Rents in Dardanelle, Arkansas

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

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 43 50 percent
One BR 65 52 percent
Two BR 106 48 percent
Rental Units Below FMR in Dardanelle, Arkansas

How many affordable rental units are in Dardanelle?

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

Federal Program Unit Count
Public Housing 84
Section 8 Project-Based Rental Assistance 19
Tracked Units by Federal Program in Dardanelle, Arkansas

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

Income Based Apartments in Dardanelle, Arkansas

Dardanelle features 104 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 Dardanelle, Arkansas

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dardanelle.

Housing Choice Vouchers in Dardanelle, Arkansas

On average, Section 8 Housing Choice vouchers pay Dardanelle landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Dardanelle.

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

Sourced from federal housing data and AffordableHousingOnline.com research.