How many renters live in Garland County, Arkansas?
The County of Garland County has 100,089 people living in 45,340 households.
There are 24,493 renters living in 12,920 renter households in this County. Renters make up 24.47 percent of the population living in Garland County.
What is the rental market like in Garland County, Arkansas?
There are an estimated 52,898 housing units in the Garland County area. Of these, 14,240 units are rental homes, making up 27 percent of the housing market. For every renter household in Garland County, Arkansas, there are 1 rental units.
What is the vacancy rate for rentals in Garland County?
The rental vacancy rate in Garland County is 5 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 Garland County for each bedroom size?
Occupied Rental Units by Size in Garland County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 849 | 2,275 | 5,160 | 4,739 | 542 |
Occupied Rental Units by Size in Garland County
A large number of apartments in Garland 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 Garland County are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 28 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 Garland County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $767 to $1,616. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $767 |
| One BR | $775 |
| Two BR | $1,007 |
| Three BR | $1,249 |
| Four BR | $1,616 |
2024 Fair Market Rents in Garland County, Arkansas
How many units are rented at Fair Market Rent (FMR) in Garland 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 | 519 | 61 percent |
| One BR | 1,619 | 71 percent |
| Two BR | 3,355 | 65 percent |
Rental Units Below FMR in Garland County, Arkansas
How many affordable rental units are in Garland County?
There are a variety of federal affordable housing programs serving households in Garland County, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 1,166 |
| Section 8 Project-Based Rental Assistance | 465 |
| Section 202 Supportive Housing for the Elderly | 20 |
| Section 811 Supportive Housing for Persons with Disabilities | 72 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Garland County, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Garland County, Arkansas
Garland County features 943 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 Garland County, Arkansas
There are 402 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Garland County.
Housing Choice Vouchers in Garland County, Arkansas
On average, Section 8 Housing Choice vouchers pay Garland County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Garland County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Garland County, Arkansas for a two-bedroom apartment is between $906 and $1,108.
Sourced from federal housing data and AffordableHousingOnline.com research.
