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

Discover affordable housing in Hazen 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.

Cedar Branch Apartments

405 S Grove St, Hazen, Arkansas 72064

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Eastwood Terrace Apartments

603 Highway 63 N, Hazen, Arkansas 72064

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Madison Manor

149 E Jefferson St, Hazen, Arkansas 72064

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Hazen, Arkansas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice
calendar_month

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hazen, Arkansas
$16.12/hour
$5.12 (+47%) more than Arkansas minimum wage and $8.87 (+122%) more than the Federal minimum wage.
Learn More About Hazen, Arkansas Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Hazen, Arkansas.

Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Hazen.

How many renters live in Hazen, Arkansas?

The City of Hazen has people living in households.

There are renters living in renter households in this City. Renters make up 22.5 percent of the population living in Hazen.

What is the rental market like in Hazen, Arkansas?

There are an estimated housing units in the Hazen area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hazen, Arkansas, there are 1.27 rental units.

What is the vacancy rate for rentals in Hazen?

The rental vacancy rate in Hazen is 21 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 Hazen for each bedroom size?

Occupied Rental Units by Size in Hazen
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 11 21 96 6
Occupied Rental Units by Size in Hazen

A large number of apartments in Hazen 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 Hazen

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,200. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $631
One BR $648
Two BR $851
Three BR $1,029
Four BR $1,200
2024 Fair Market Rents in Hazen, Arkansas

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

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 6 100 percent
One BR 9 82 percent
Two BR 21 100 percent
Rental Units Below FMR in Hazen, Arkansas

How many affordable rental units are in Hazen?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Hazen, Arkansas

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

Income Based Apartments in Hazen, Arkansas

Hazen features 57 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 $766 and $936.

Sourced from federal housing data and AffordableHousingOnline.com research.