Affordable Housing In Dewitt
Arkansas County, Arkansas

4 Low Income Apartment Communities In Dewitt

Gardenwalk of Dewitt

1509 S Harrison St
Dewitt, Arkansas

Dewitt

324 Hillcrest St
Dewitt, Arkansas

Hopewood Townhouses

202 E 5th St
Dewitt, Arkansas

Magnolia Lane Apartments

300 Magnolia Ln
Dewitt, Arkansas
  • «
  • 1
  • »

Guide To Affordable Housing in Dewitt, Arkansas

There are 4 low income housing apartment communities offering 208 affordable apartments for rent in Dewitt, Arkansas.

Income Based Apartments in Dewitt, Arkansas

Dewitt features 116 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 Dewitt, Arkansas

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dewitt.

Housing Choice Vouchers in Dewitt, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dewitt, Arkansas for a two-bedroom apartment is between $625 and $763.

2022 Dewitt, 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
Dewitt, Arkansas Fair Market Rent $514 $527 $694 $858 $941
Dewitt, Arkansas Payment Standard Range $463 to $565 $474 to $580 $625 to $763 $772 to $944 $847 to $1,035

Sourced from federal housing data and AffordableHousingOnline.com research.

Dewitt, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 208
Total Housing Units with Rental Assistance 116
Percentage of Housing Units Occupied By Renters 41.72%
Average Renter Household Size 2.64
Average Household Size 2.49
Median Household Income $31,000 ±$3,966
Median Rent $546 ±$68
Percentage Of Renters Overburdened 32.49% ± 14.14pp
Total Population 3,234

Population and Household Demographics

Dewitt is a city in Arkansas County, Arkansas with a population of 3,234. There are 1,232 households in the city with an average household size of 2.49 persons. 41.72% of households in Dewitt are renters.

Income and Rent Overburden in Dewitt

The median gross income for households in Dewitt is $31,000 a year, or $2,583 a month. The median rent for the city is $546 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dewitt, a household making less than $1,820 a month would be considered overburdened when renting an apartment at or above the median rent. 32.49% of households who rent are overburdened in Dewitt.

Area Median Income In Dewitt

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Dewitt, the AMI is calculated from all households within Arkansas County.

In Dewitt, HUD calculates the Area Median Income for a family of four as $54,400

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 Dewitt

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 Dewitt

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 Dewitt AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,400 $31,600 $33,750 $35,950
50% AMI Income Limits
Renters earning up to 50% of the Dewitt AMI may qualify for rental assistance programs that target Very Low Income households.
$19,050 $21,800 $24,500 $27,200 $29,400 $31,600 $33,750 $35,950
80% AMI Income Limits
Renters earning up to 80% of the Dewitt AMI may qualify for rental assistance programs that target Low Income households.
$30,450 $34,800 $39,150 $43,500 $47,000 $50,500 $53,950 $57,450