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

Town Branch Apartments

301 Amber St
Huntsville, Arkansas
Subsidized
Rent Assisted
Senior
S. 202
LIHTC
Call For Rent
1 BR

Cedar Bluff Senior Apartments

Lots 94 95 96 102 103 104
Huntsville, Arkansas
Subsidized
Senior
S. 202

Madison Estates Apartments

156 Redwood Ct
Huntsville, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S. 515 Rural

Deer Run Apartments

Polk and Cain Ave
Huntsville, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA
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There are 0 low-income apartments in Huntsville that offer reduced rents to eligible households.

Rental assistance programs support 146 low-income homes in Huntsville where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $275 towards rent each month.

Affordable rent data for some communities last confirmed on January 1st, 2023. Subdsidized rents typically change once a year based on federal guidance.

Huntsville, Arkansas Affordable Housing Data

Income Based Apartments in Huntsville, Arkansas

Huntsville features 146 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 Huntsville, Arkansas

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

Housing Choice Vouchers in Huntsville, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Huntsville, Arkansas for a two-bedroom apartment is between $837 and $1,023.

2023 Huntsville, 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
Huntsville, Arkansas Fair Market Rent $720 $764 $930 $1,322 $1,582
Huntsville, Arkansas Payment Standard Range $648 to $792 $688 to $840 $837 to $1,023 $1,190 to $1,454 $1,424 to $1,740

Sourced from federal housing data and AffordableHousingOnline.com research.

Huntsville, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 146
Total Housing Units with Rental Assistance 146
Percentage of Housing Units Occupied By Renters 51.3%
Average Renter Household Size 2.56
Average Household Size 2.48
Median Household Income $26,098 ±$5,100
Median Rent $608 ±$75
Percentage Of Renters Overburdened 42.58% ± 14.17pp
Total Population 2,348

Population and Household Demographics

Huntsville is a city in Madison County, Arkansas with a population of 2,348. There are 920 households in the city with an average household size of 2.48 persons. 51.3% of households in Huntsville are renters.

Income and Rent Overburden in Huntsville

The median gross income for households in Huntsville is $26,098 a year, or $2,175 a month. The median rent for the city is $608 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Huntsville, a household making less than $2,027 a month would be considered overburdened when renting an apartment at or above the median rent. 42.58% of households who rent are overburdened in Huntsville.

Area Median Income In Huntsville

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 Huntsville, the AMI is calculated from all households within Madison County.

In Huntsville, HUD calculates the Area Median Income for a family of four as $92,400

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 Huntsville

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 Huntsville

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30% AMI Income Limits
Renters earning up to 30% of the Huntsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,650 $21,300 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Huntsville AMI may qualify for rental assistance programs that target Very Low Income households.
$31,050 $35,450 $39,900 $44,300 $47,850 $51,400 $54,950 $58,500
80% AMI Income Limits
Renters earning up to 80% of the Huntsville AMI may qualify for rental assistance programs that target Low Income households.
$49,650 $56,750 $63,850 $70,900 $76,600 $82,250 $87,950 $93,600