Low Income Apartments and Affordable Housing For Rent in Lonoke County, AR

Discover affordable housing in Lonoke County where there are 32+ 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.

Valley View Apts

112 Stuttgart, England, Arkansas

Pheasant Run Apts

1406 S. 1st St., Cabot, Arkansas

L D Brantley Farms Llc

2310 Dupree Road, England, Arkansas

Darrell Y Henderson

618 E. Homan Street, England, Arkansas

James Cook

412 West Academy Street, Lonoke, Arkansas

Darrell Henderson

300 Queens, England, Arkansas

Henderson, Jr. Darrell

306 Queen Drive, England, Arkansas

Lonoke County Carlisle

500 W Locust St, Cabot, Arkansas 72024

Savage Square Apartments

315 E Park St, Carlisle, Arkansas 72024

Franklin County Senior Apartments

701 N Grant St, Cabot, Arkansas 72023

Woodland Station Apartments ( Fka Cabot Apartments )

38 Shane Dr, Cabot, Arkansas 72023

Tar - Pas Apartments

621 Hwy 13 N, Carlisle, Arkansas 72024

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lonoke County, Arkansas
$20.63/hour
$9.63 (+88%) more than Arkansas minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Lonoke County, Arkansas Affordable Housing ↓

What HUD offices serve Lonoke County, 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), Public Housing programs for Lonoke County, Arkansas.

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

How many renters live in Lonoke County, Arkansas?

The County of Lonoke County has 75,225 people living in 28,268 households.

There are 21,704 renters living in 8,497 renter households in this County. Renters make up 28.85 percent of the population living in Lonoke County.

What is the rental market like in Lonoke County, Arkansas?

There are an estimated 30,238 housing units in the Lonoke County area. Of these, 8,062 units are rental homes, making up 27 percent of the housing market. For every renter household in Lonoke County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Lonoke County?

The rental vacancy rate in Lonoke County is 5 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 Lonoke County for each bedroom size?

Occupied Rental Units by Size in Lonoke County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
106 836 2,174 3,735 709
Occupied Rental Units by Size in Lonoke County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 16 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 Lonoke County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $944
One BR $950
Two BR $1,089
Three BR $1,454
Four BR $1,717
2024 Fair Market Rents in Lonoke County, Arkansas

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

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 92 87 percent
One BR 534 64 percent
Two BR 1,840 85 percent
Rental Units Below FMR in Lonoke County, Arkansas

How many affordable rental units are in Lonoke County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 470
Public Housing 242
Section 8 Project-Based Rental Assistance 97
Section 202 Supportive Housing for the Elderly 38
Section 811 Supportive Housing for Persons with Disabilities 3
USDA Section 515 Rural Rental Housing 254
USDA Section 514 Farm Labor Housing 10
Tracked Units by Federal Program in Lonoke County, Arkansas

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

Income Based Apartments in Lonoke County, Arkansas

Lonoke County features 654 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 Lonoke County, Arkansas

There are 441 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lonoke County.

Housing Choice Vouchers in Lonoke County, Arkansas

On average, Section 8 Housing Choice vouchers pay Lonoke County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lonoke County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lonoke County, Arkansas for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.