How many renters live in Greenbrier, Arkansas?
The City of Greenbrier has people living in households.
There are renters living in 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 housing units in the Greenbrier area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Greenbrier, Arkansas, there are 1.11 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 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 | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities |
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.