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

Discover affordable housing in Faulkner County where there are 132+ 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.

Cottages at Conway

1915 RichSmith Lane, Conway, Arkansas 72032

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Park Ridge at Conway

1960 Rich Smith Ln, Conway, Arkansas 72032

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Conway Housing Associates

704 4th Ave, Conway, Arkansas 72032

switch_access_shortcut Short Wait

Brierwood Apartments

4 Douglas St, Greenbrier, Arkansas 72058

payment Subsidized

Autumn Manor

315 Hubbard Rd, Conway, Arkansas 72034

payment Subsidized

Stone Ridge at Conway

1985 Rich Smith Ln, Conway, Arkansas 72032

bed 1-3
payment $510-775/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Old Conway Village

1440 Sutton St, Conway, Arkansas 72032

bed 3
switch_access_shortcut Short Wait
accessibility Accessible

Orchards at Cabot

555 E Mountain Springs Rd, Cabot, Arkansas 72023

bed 2
payment $640/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

The Lusso

1637 Clifton St, Conway, Arkansas 72032

bed 4
payment $1650/mo.

The Cove at 300

300 Indianhead Dr, Sherwood, Arkansas 72120

bed 1
payment $715/mo.

The Retreat at Sherwood

100 Manson Rd, Sherwood, Arkansas 72120

bed 1-3
payment $925-1275/mo.

University Park Apartments

1025 S Donaghey Ave, Conway, Arkansas 72034

bed 2
payment $830/mo.

Eastwood Jacksonville

1011 S James St, Jacksonville, Arkansas 72076

bed 2
payment $635/mo.

Rock Creek Conway

375 Monroe St, Conway, Arkansas 72032

bed 1-2
payment $899-999/mo.

1425 S Bailey St

1425 S Bailey St, Jacksonville, Arkansas 72076

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

179 Roosevelt Rd

179 Roosevelt Rd, Jacksonville, Arkansas 72076

bed 3
payment $825/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

6004 AR-161

6004 AR-161, Jacksonville, Arkansas 72076

bed 2
payment $695/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

96 Donna Kay Dr

96 Donna Kay Dr, Greenbrier, Arkansas 72058

bed 3
payment $1400/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1321 Bruce St Unit A

1321 Bruce St Unit A, Conway, Arkansas 72034

bed 2
payment $900/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

506 E Elm St

506 E Elm St, Cabot, Arkansas 72023

bed 3
payment $1395/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

How To Identify Affordable Housing in Faulkner County, 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 Faulkner County, Arkansas
$20.63/hour
$9.63 (+88%) more than Arkansas minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Faulkner County, Arkansas Affordable Housing ↓

How many renters live in Faulkner County, Arkansas?

The County of Faulkner County has people living in households.

There are renters living in renter households in this County. Renters make up 30.83 percent of the population living in Faulkner County.

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

There are an estimated housing units in the Faulkner County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Faulkner County, Arkansas, there are 1.04 rental units.

What is the vacancy rate for rentals in Faulkner County?

The rental vacancy rate in Faulkner County is 6 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 Faulkner County for each bedroom size?

Occupied Rental Units by Size in Faulkner County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
369 2,182 8,779 5,728 676
Occupied Rental Units by Size in Faulkner County

A large number of apartments in Faulkner County 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 Faulkner County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $944
One BR $950
Two BR $1,089
Three BR $1,454
Four BR $1,717
2024 Fair Market Rents in Faulkner County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Faulkner 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 142 38 percent
One BR 1,718 79 percent
Two BR 6,951 79 percent
Rental Units Below FMR in Faulkner County, Arkansas

How many affordable rental units are in Faulkner County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Faulkner County, Arkansas

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

Income Based Apartments in Faulkner County, Arkansas

Faulkner County features 367 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 Faulkner County, Arkansas

There are 1,199 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Faulkner County.

Housing Choice Vouchers in Faulkner County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Faulkner County, Arkansas for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.

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