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

Discover affordable housing in Decatur where there are 11+ 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.

321 Grant Springs Dr

321 Grant Springs Dr, Decatur, Arkansas 72722

bed 3
payment $1295/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1001 Grant Ave

1001 Grant Ave, Decatur, Arkansas 72722

bed 2
payment $625/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1206 Nedra Dr

1206 Nedra Dr, Decatur, Arkansas 72722

bed 3
payment $1250/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

422 Blue Spgs St

422 Blue Spgs St, Decatur, Arkansas 72722

bed 3
payment $1295/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

637 Hidden Springs Dr

637 Hidden Springs Dr, Decatur, Arkansas 72722

bed 3
payment $1200/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

400 Foliage St

400 Foliage St, Decatur, Arkansas 72722

bed 4
payment $1750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

8148 W Randall Wobbe Ln Unit 1

8148 W Randall Wobbe Ln Unit 1, Decatur, Arkansas 72722

bed 2
payment $900/mo.

424 Blue Spgs St Unit 1

424 Blue Spgs St, Decatur, Arkansas 72722

bed 3
payment $1295/mo.

494 N Main St

494 N Main St, Decatur, Arkansas 72722

bed 2
payment $895/mo.

GardenWalk of Decatur

1251 Stadium Ave, Decatur, Arkansas 72722

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Decatur

600A N Main St, Decatur, Arkansas 72722

How To Identify Affordable Housing in Decatur, 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 Decatur, Arkansas
$21.23/hour
$10.23 (+93%) more than Arkansas minimum wage and $13.98 (+193%) more than the Federal minimum wage.
Learn More About Decatur, Arkansas Affordable Housing ↓

What HUD offices serve Decatur, 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 Decatur, Arkansas.

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

How many renters live in Decatur, Arkansas?

The City of Decatur has people living in households.

There are renters living in renter households in this City. Renters make up 42.72 percent of the population living in Decatur.

What is the rental market like in Decatur, Arkansas?

There are an estimated housing units in the Decatur area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Decatur, Arkansas, there are 1.13 rental units.

What is the vacancy rate for rentals in Decatur?

The rental vacancy rate in Decatur is 8 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 Decatur for each bedroom size?

Occupied Rental Units by Size in Decatur
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 59 113 72 2
Occupied Rental Units by Size in Decatur

A large number of apartments in Decatur 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 Decatur

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $871 to $1,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $871
One BR $924
Two BR $1,121
Three BR $1,580
Four BR $1,847
2024 Fair Market Rents in Decatur, Arkansas

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

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 31 100 percent
One BR 22 37 percent
Two BR 110 97 percent
Rental Units Below FMR in Decatur, Arkansas

How many affordable rental units are in Decatur?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Decatur, Arkansas

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

Income Based Apartments in Decatur, Arkansas

Decatur features 58 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 Decatur, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Decatur.

Housing Choice Vouchers in Decatur, Arkansas

On average, Section 8 Housing Choice vouchers pay Decatur landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Decatur.

The maximum amount a voucher would pay on behalf of a low-income tenant in Decatur, Arkansas for a two-bedroom apartment is between $1,009 and $1,233.

Sourced from federal housing data and AffordableHousingOnline.com research.