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

Discover affordable housing in Columbia County 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.

Appleridge Apartments

307 S Hope St, Waldo, Arkansas 71770

St Charles Apartments

601 Ruth, Magnolia, Arkansas 71753

Pine Valley Apartments

100 Sherwood Dr, Magnolia, Arkansas 71753

Woodland Hills Apartments

200 Columbia Road 120, Mcneil, Arkansas 71752

Ridge at Magnolia

1640 E Main St, Magnolia, Arkansas 71753

Ralph Weiser Independent Living Center

1320 E North St, Magnolia, Arkansas 71753

Jay Johnston Group Living Center

816 W Main St, Magnolia, Arkansas 71753

Westwood Village

1032 Mullins, Magnolia, Arkansas 71753

Pine Valley

205 S Verda, Magnolia, Arkansas 71753

Magnolia Apt

1300 West University, Magnolia, Arkansas

3 Unit

302 N Center St, Waldo, Arkansas 71770

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

How many renters live in Columbia County, Arkansas?

The County of Columbia County has 22,707 people living in 7,826 households.

There are 5,696 renters living in 2,166 renter households in this County. Renters make up 25.08 percent of the population living in Columbia County.

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

There are an estimated 11,051 housing units in the Columbia County area. Of these, 2,544 units are rental homes, making up 23 percent of the housing market. For every renter household in Columbia County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Columbia County?

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

Occupied Rental Units by Size in Columbia County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
146 439 535 965 60
Occupied Rental Units by Size in Columbia County

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

Among renter households in this market, 32 percent have housing cost burden. Further, 18 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 Columbia County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $615 to $1,084. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $615
One BR $620
Two BR $814
Three BR $1,080
Four BR $1,084
2024 Fair Market Rents in Columbia County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Columbia 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 28 19 percent
One BR 400 91 percent
Two BR 338 63 percent
Rental Units Below FMR in Columbia County, Arkansas

How many affordable rental units are in Columbia County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 163
Public Housing 180
Section 8 Project-Based Rental Assistance 95
USDA Section 515 Rural Rental Housing 174
Tracked Units by Federal Program in Columbia County, Arkansas

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

Income Based Apartments in Columbia County, Arkansas

Columbia County features 447 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 Columbia County, Arkansas

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia County.

Housing Choice Vouchers in Columbia County, Arkansas

On average, Section 8 Housing Choice vouchers pay Columbia County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Columbia County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.