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

Discover affordable housing in Fayetteville where there are 32+ 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.

Nantucket Apartments

663 E Chesapeake Way, Fayetteville, Arkansas 72701

Hillcrest Towers

1 N School Ave, Fayetteville, Arkansas 72701

MORGAN MANOR (RAD)

302 E 12TH ST, Fayetteville, Arkansas 72701

Park Lake Apartments

1753 E Zion Rd, Fayetteville, Arkansas 72703

Leverett Gardens II

2071 N Chestnut Ave, Fayetteville, Arkansas 72703

Grandview

401 W. 24Thstreet, Fayetteville, Arkansas 72701

Washington Plaza Apartments

1655 N Lewis Ave, Fayetteville, Arkansas 72703

Watson Street Apartments

215 W Watson St, Fayetteville, Arkansas 72701

Southmont Apartments

1101 S Curtis Ave, Fayetteville, Arkansas 72701

Wedington Place Senior Apartments

3130 W Telluride Dr, Fayetteville, Arkansas 72704

Lakeside Village Apartments I & II

324 W Village Lake Dr, Fayetteville, Arkansas 72703

Nantucket III Apartments

510 E Whitefish Bay Pl, Fayetteville, Arkansas 72701

Village at Scull Creek

2619 N. Quality, Fayetteville, Arkansas 72703

Nantucket IV

1201 S Morningside Dr, Fayetteville, Arkansas 72701

Markham Hill

2164 W Stone St, Fayetteville, Arkansas 72701

Nantucket Apartments ( Fka Fayetteville Senior Citizens )

611 E Nantucket Dr, Fayetteville, Arkansas 72701

Garland Square of Fayetteville

1140 W Cato Springs Rd, Fayetteville, Arkansas 72701

Life Styles Housing

2471 W Sycamore St, Fayetteville, Arkansas 72703

Valley Lake Apartments

4311 N Valley Lake Dr, Fayetteville, Arkansas 72703

Crossover Terrace Apartments I

4081 N Johnell Dr, Fayetteville, Arkansas 72703

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

What HUD offices serve Fayetteville, 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, Moving to Work programs for Fayetteville, Arkansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Fayetteville, Arkansas.

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

How many renters live in Fayetteville, Arkansas?

The City of Fayetteville has 99,288 people living in 41,718 households.

There are 52,260 renters living in 24,777 renter households in this City. Renters make up 52.63 percent of the population living in Fayetteville.

What is the rental market like in Fayetteville, Arkansas?

There are an estimated 43,191 housing units in the Fayetteville area. Of these, 25,305 units are rental homes, making up 59 percent of the housing market. For every renter household in Fayetteville, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Fayetteville?

The rental vacancy rate in Fayetteville is 3 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 Fayetteville for each bedroom size?

Occupied Rental Units by Size in Fayetteville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,534 6,334 9,410 5,192 2,244
Occupied Rental Units by Size in Fayetteville

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

Among renter households in this market, 49 percent have housing cost burden. Further, 27 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 Fayetteville

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 Fayetteville, Arkansas

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

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 1,185 77 percent
One BR 4,189 66 percent
Two BR 6,548 70 percent
Rental Units Below FMR in Fayetteville, Arkansas

How many affordable rental units are in Fayetteville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,217
Public Housing 196
Section 8 Project-Based Rental Assistance 408
Tracked Units by Federal Program in Fayetteville, Arkansas

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

Income Based Apartments in Fayetteville, Arkansas

Fayetteville features 731 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 Fayetteville, Arkansas

There are 1,239 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fayetteville.

Housing Choice Vouchers in Fayetteville, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.