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

Discover affordable housing in Ouachita County where there are 11+ 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.

Columbia Heights Apartments

465 Columbia Ave, Camden, Arkansas 71701

Garden Walk of Camden ( Fka Hillside )

850 Field Ave, Camden, Arkansas 71701

Pine Meadows Apartments

890 Pierce St, Camden, Arkansas 71701

Chidester, City Of

Main, Chidester, Arkansas 71726

Cedar Square II Apartments

701 Bowman Rd, Bearden, Arkansas 71720

Camden Manor Apartments

830 Sharp Ave, Camden, Arkansas 71701

Ouachita Group Living, Inc

1450 Harper Ave, Camden, Arkansas 71701

Cedar Square Apt

601 Bowman Rd, Bearden, Arkansas

Rose Terrace

104 Rose Ter, Stephens, Arkansas 71764

Ivery Heights Riverside

101 Ivory Hts, Camden, Arkansas 71701

Fortlookout Lincoln Center

100 Fort Lookout Mnr, Camden, Arkansas 71701

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ouachita County, 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 Ouachita County, Arkansas Affordable Housing ↓

How many renters live in Ouachita County, Arkansas?

The County of Ouachita County has 22,606 people living in 8,459 households.

There are 5,549 renters living in 2,220 renter households in this County. Renters make up 24.55 percent of the population living in Ouachita County.

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

There are an estimated 11,925 housing units in the Ouachita County area. Of these, 2,616 units are rental homes, making up 22 percent of the housing market. For every renter household in Ouachita County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Ouachita County?

The rental vacancy rate in Ouachita County is 13 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 Ouachita County for each bedroom size?

Occupied Rental Units by Size in Ouachita County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
52 284 769 1,006 109
Occupied Rental Units by Size in Ouachita County

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

Among renter households in this market, 39 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 Ouachita County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $696 to $1,113. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $696
One BR $700
Two BR $814
Three BR $1,109
Four BR $1,113
2024 Fair Market Rents in Ouachita County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Ouachita 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 44 85 percent
One BR 232 82 percent
Two BR 448 58 percent
Rental Units Below FMR in Ouachita County, Arkansas

How many affordable rental units are in Ouachita County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 136
Public Housing 571
Section 8 Project-Based Rental Assistance 54
USDA Section 515 Rural Rental Housing 211
Tracked Units by Federal Program in Ouachita County, Arkansas

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

Income Based Apartments in Ouachita County, Arkansas

Ouachita County features 797 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 Ouachita County, Arkansas

There are 9 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ouachita County.

Housing Choice Vouchers in Ouachita County, Arkansas

On average, Section 8 Housing Choice vouchers pay Ouachita County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ouachita County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.