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

Discover affordable housing in Greenbrier where there are 3+ 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.

Brierwood Apartments

4 Douglas St, Greenbrier, Arkansas 72058

Greenbrier Gardens II

54 Mountain Dr, Greenbrier, Arkansas 72058

Independent Living of Greenbrier

Cedar St, Greenbrier, Arkansas 72058

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

How many renters live in Greenbrier, Arkansas?

The City of Greenbrier has 5,755 people living in 2,205 households.

There are 1,460 renters living in 520 renter households in this City. Renters make up 25.37 percent of the population living in Greenbrier.

What is the rental market like in Greenbrier, Arkansas?

There are an estimated 2,414 housing units in the Greenbrier area. Of these, 575 units are rental homes, making up 24 percent of the housing market. For every renter household in Greenbrier, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Greenbrier?

The rental vacancy rate in Greenbrier is 10 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 Greenbrier for each bedroom size?

Occupied Rental Units by Size in Greenbrier
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 93 226 180 21
Occupied Rental Units by Size in Greenbrier

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

Among renter households in this market, 49 percent have housing cost burden. Further, 23 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 Greenbrier

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 Greenbrier, Arkansas

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

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
One BR 89 96 percent
Two BR 191 85 percent
Rental Units Below FMR in Greenbrier, Arkansas

How many affordable rental units are in Greenbrier?

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

Federal Program Unit Count
Low Income Housing Tax Credit 70
Section 8 Project-Based Rental Assistance 12
Section 811 Supportive Housing for Persons with Disabilities 17
Tracked Units by Federal Program in Greenbrier, Arkansas

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

Income Based Apartments in Greenbrier, Arkansas

Greenbrier features 69 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 Greenbrier, Arkansas

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenbrier.

Housing Choice Vouchers in Greenbrier, Arkansas

On average, Section 8 Housing Choice vouchers pay Greenbrier landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Greenbrier.

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

Sourced from federal housing data and AffordableHousingOnline.com research.