. Low Income Apartments For Rent in Hazen, Arkansas - Affordable Housing Online

Cedar Branch Apartments

405 S Grove St
Hazen, Arkansas
Rent Assisted

Madison Manor

149 E Jefferson St
Hazen, Arkansas
Rent Assisted
S. 515 Rural

Eastwood Terrace Apartments

603 Highway 63 N
Hazen, Arkansas
Rent Assisted
S. 515 Rural
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There are 0 low-income apartments in Hazen that offer reduced rents to eligible households.

Rental assistance programs support 68 low-income homes in Hazen where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $322 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Hazen, 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.

Housing Authority Programs
De Valls Bluff Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Hazen.

Hazen, Arkansas Affordable Housing Data

Income Based Apartments in Hazen, Arkansas

Hazen features 68 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 Hazen, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hazen.

Housing Choice Vouchers in Hazen, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hazen, Arkansas for a two-bedroom apartment is between $674 and $824.

2023 Hazen, Arkansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Hazen, Arkansas Fair Market Rent $561 $569 $749 $912 $1,065
Hazen, Arkansas Payment Standard Range $505 to $617 $512 to $626 $674 to $824 $821 to $1,003 $959 to $1,172

Sourced from federal housing data and AffordableHousingOnline.com research.

Hazen, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 68
Total Housing Units with Rental Assistance 68
Percentage of Housing Units Occupied By Renters 36.85%
Average Renter Household Size 2.01
Average Household Size 2.05
Median Household Income $34,231 ±$11,591
Median Rent $560 ±$93
Percentage Of Renters Overburdened 55.69% ± 13.62pp
Total Population 1,478

Population and Household Demographics

Hazen is a city in Prairie County, Arkansas with a population of 1,478. There are 692 households in the city with an average household size of 2.05 persons. 36.85% of households in Hazen are renters.

Income and Rent Overburden in Hazen

The median gross income for households in Hazen is $34,231 a year, or $2,853 a month. The median rent for the city is $560 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hazen, a household making less than $1,867 a month would be considered overburdened when renting an apartment at or above the median rent. 55.69% of households who rent are overburdened in Hazen.

Area Median Income In Hazen

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hazen, the AMI is calculated from all households within Prairie County.

In Hazen, HUD calculates the Area Median Income for a family of four as $75,500

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 Hazen

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 HUD Rental Assistance in Hazen

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hazen AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,600 $37,150 $39,700 $42,250
50% AMI Income Limits
Renters earning up to 50% of the Hazen AMI may qualify for rental assistance programs that target Very Low Income households.
$22,400 $25,600 $28,800 $32,000 $34,600 $37,150 $39,700 $42,250
80% AMI Income Limits
Renters earning up to 80% of the Hazen AMI may qualify for rental assistance programs that target Low Income households.
$35,850 $41,000 $46,100 $51,200 $55,300 $59,400 $63,500 $67,600