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

Discover affordable housing in Kensett 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.

Kensett Apartments

600 Doniphan St, Kensett, Arkansas 72082

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Kensett

405 E Wilbur Mills Ave, Kensett, Arkansas 72082

payment Subsidized
accessibility Accessible

Twin Oaks Apartments

601 Maple St, Kensett, Arkansas 72082

payment Subsidized
elderly Senior
accessibility Accessible

How To Identify Affordable Housing in Kensett, 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
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Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kensett, Arkansas
$16.17/hour
$5.17 (+47%) more than Arkansas minimum wage and $8.92 (+123%) more than the Federal minimum wage.
Learn More About Kensett, Arkansas Affordable Housing ↓

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

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

How many renters live in Kensett, Arkansas?

The City of Kensett has people living in households.

There are renters living in renter households in this City. Renters make up 42.32 percent of the population living in Kensett.

What is the rental market like in Kensett, Arkansas?

There are an estimated housing units in the Kensett area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kensett, Arkansas, there are 1.04 rental units.

What is the vacancy rate for rentals in Kensett?

The rental vacancy rate in Kensett is 4 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 Kensett for each bedroom size?

Occupied Rental Units by Size in Kensett
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 75 176 159 5
Occupied Rental Units by Size in Kensett

A large number of apartments in Kensett 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 Kensett

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,272. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $704
Two BR $854
Three BR $1,133
Four BR $1,272
2024 Fair Market Rents in Kensett, Arkansas

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

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 3 50 percent
One BR 74 99 percent
Two BR 128 73 percent
Rental Units Below FMR in Kensett, Arkansas

How many affordable rental units are in Kensett?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Kensett, Arkansas

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

Income Based Apartments in Kensett, Arkansas

Kensett features 79 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 Kensett, Arkansas

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

Housing Choice Vouchers in Kensett, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kensett, Arkansas for a two-bedroom apartment is between $769 and $939.

Sourced from federal housing data and AffordableHousingOnline.com research.