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

Discover affordable housing in Lowell 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.

Lowell Senior Citizens Apartments

307 Robinson Ave, Lowell, Arkansas 72745

Robinson Apartments

301 Robinson Ave, Lowell, Arkansas 72745

Robinson Park Apartments Llc

303 Robinson Ave, Lowell, Arkansas 72745

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Lowell, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lowell, Arkansas
$10.23 (+93%) more than Arkansas minimum wage and $13.98 (+193%) more than the Federal minimum wage.
Learn More About Lowell, Arkansas Affordable Housing ↓

How many renters live in Lowell, Arkansas?

The City of Lowell has people living in households.

There are renters living in renter households in this City. Renters make up 31.02 percent of the population living in Lowell.

What is the rental market like in Lowell, Arkansas?

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

What is the vacancy rate for rentals in Lowell?

The rental vacancy rate in Lowell 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 Lowell for each bedroom size?

Occupied Rental Units by Size in Lowell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 117 360 573 122
Occupied Rental Units by Size in Lowell

A large number of apartments in Lowell 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 Lowell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $871 to $1,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $871
One BR $924
Two BR $1,121
Three BR $1,580
Four BR $1,847
2024 Fair Market Rents in Lowell, Arkansas

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

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 117 100 percent
Two BR 331 92 percent
Rental Units Below FMR in Lowell, Arkansas

How many affordable rental units are in Lowell?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Lowell, Arkansas

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

Income Based Apartments in Lowell, Arkansas

Lowell features 50 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 Lowell, Arkansas

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lowell.

Housing Choice Vouchers in Lowell, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lowell, Arkansas for a two-bedroom apartment is between $1,009 and $1,233.

Sourced from federal housing data and AffordableHousingOnline.com research.