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

Discover affordable housing in Imboden where there are 1+ 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.

Imboden Villa

101 Georgia St, Imboden, Arkansas 72434

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Imboden, Arkansas
$15.42/hour
$4.42 (+40%) more than Arkansas minimum wage and $8.17 (+113%) more than the Federal minimum wage.
Learn More About Imboden, Arkansas Affordable Housing ↓

What HUD offices serve Imboden, 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 Public Housing programs for Imboden, Arkansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Imboden, Arkansas.

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

How many renters live in Imboden, Arkansas?

The City of Imboden has 742 people living in 245 households.

There are 217 renters living in 83 renter households in this City. Renters make up 29.25 percent of the population living in Imboden.

What is the rental market like in Imboden, Arkansas?

There are an estimated 263 housing units in the Imboden area. Of these, 83 units are rental homes, making up 32 percent of the housing market. For every renter household in Imboden, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Imboden?

The rental vacancy rate in Imboden is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Imboden for each bedroom size?

Occupied Rental Units by Size in Imboden
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 32 11 24 16
Occupied Rental Units by Size in Imboden

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

Among renter households in this market, 43 percent have housing cost burden. Further, 22 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 Imboden

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,276. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $620
Two BR $814
Three BR $1,082
Four BR $1,276
2024 Fair Market Rents in Imboden, Arkansas

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

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 30 94 percent
Two BR 6 55 percent
Rental Units Below FMR in Imboden, Arkansas

How many affordable rental units are in Imboden?

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

Federal Program Unit Count
Public Housing 40
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Imboden, Arkansas

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

Income Based Apartments in Imboden, Arkansas

Imboden features 12 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 Imboden, Arkansas

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

Housing Choice Vouchers in Imboden, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Imboden, Arkansas for a two-bedroom apartment is between $733 and $895.

Sourced from federal housing data and AffordableHousingOnline.com research.