Affordable Housing In Fulton County
Arkansas

17 Low Income Apartment Communities In Fulton County

Spring Creek Apartments

1075 Cochran Dr
Mammoth Spring, AR
Call For Rent
1-2 BR
Subsidized

Meadows Apartments

619 Church St
Salem, AR
Call For Rent
1-3 BR
Subsidized

Meadows Apartments

619 W Church St
Salem, AR
Call For Rent
1-3 BR
Subsidized

Smooth Sailing Group Home

101 Martin St
Ash Flat, AR
62+
Accessible
Elderly Supportive Housing
Subsidized

Westside Apartments

203 Old Sturkie Rd
Salem, AR
Subsidized

North Hills Terrace

203 E Clayton St
Hardy, AR
62+
Accessible
Elderly Supportive Housing
Subsidized

Fulton County Community Housing

627 Church St
Salem, AR
Accessible
Disabled Supportive Housing
Subsidized

Westside Apartments ( Fka Westside Manor Apartments )

608 Old Sturkie Rd
Salem, AR
HCV Welcome

Mammoth Spring Estates

945 Walker Ave
Mammoth Spring, AR
62+
Accessible
Elderly Supportive Housing
Subsidized

Horse Bend Apartments

905 Fourth St
Horseshoe Bend, AR
HCV Welcome

Housing Authorities that serve Fulton County

Housing Authority Programs
White River Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Fulton County

Housing Authority Programs
Salem Housing Authority Public Housing
Mammoth Spring Housing Authority Public Housing

Guide To Affordable Housing in Fulton County, Arkansas

There are 17 low income housing apartment communities offering 420 affordable apartments for rent in Fulton County, Arkansas. Fulton County features 319 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 101 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Fulton County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Fulton County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 420
Total Housing Units with Rental Assistance 319
Percentage of Housing Units Occupied By Renters 24.23%
Average Renter Household Size 2.38
Average Household Size 2.27
Median Household Income $37,066 ±$4,108
Median Rent $508 ±$63
Percentage Of Renters Overburdened 38.01% ± 8.3pp
Total Population 12,224

Population and Household Demographics

Fulton County is a County in Arkansas with a population of 12,224. There are 5,300 households in the county with an average household size of 2.27 persons. 24.23% of households in Fulton County are renters.

Income and Rent Overburden in Fulton County

The median gross income for households in Fulton County is $37,066 a year, or $3,089 a month. The median rent for the county is $508 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fulton County, a household making less than $1,693 a month would be considered overburdened when renting an apartment at or above the median rent. 38.01% of households who rent are overburdened in Fulton County.1

Area Median Income In Fulton County

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.

In Fulton County, HUD calculates the Area Median Income for a family of four as $45,900

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 Fulton County

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 Fulton County HUD Rental Assistance in Fulton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $28,150 $30,250 $32,350 $34,400
50% of Median $18,250 $20,850 $23,450 $26,050 $28,150 $30,250 $32,350 $34,400
80% of Median $29,200 $33,400 $37,550 $41,700 $45,050 $48,400 $51,750 $55,050
Low Income Housing Tax Credits in Fulton County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2006, 5 low income apartment communities containing 126 rental apartments have been constructed and made affordable to low income persons in Fulton County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Fulton County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,250 $20,850 $23,450 $26,050 $28,150 $30,250 $32,350 $34,400
60% of Median $21,900 $25,020 $28,140 $31,260 $33,780 $36,300 $38,820 $41,280

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Fulton County is $28,140 a year, or $2,345 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,345 by 30% to get a maximum rent of $704 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $456 $489 $586 $678 $756 $834
60% $548 $587 $704 $813 $908 $1,001
Fair Market Rents in Fulton County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$459 $478 $630 $887 $978

Cities In Fulton County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Ash Flat 4 The HUD funded Public Housing Agency that serves Ash Flat is the White River Regional Housing Authority.
Mammoth Spring 3 The HUD funded Public Housing Agencies that serve Mammoth Spring are the Mammoth Spring Housing Authority and White River Regional Housing Authority.
Hardy 3 The HUD funded Public Housing Agency that serves Hardy is the White River Regional Housing Authority.
Horseshoe Bend 1 The HUD funded Public Housing Agency that serves Horseshoe Bend is the White River Regional Housing Authority.
Cherokee Village 0 The HUD funded Public Housing Agency that serves Cherokee Village is the White River Regional Housing Authority.
Salem 5 The HUD funded Public Housing Agency that serves Salem is the White River Regional Housing Authority.
Viola 0 The HUD funded Public Housing Agency that serves Viola is the White River Regional Housing Authority.