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

Discover affordable housing in Independence County where there are 20+ 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.

Cypress Knoll

700 Johnson St, Cave City, Arkansas 72521

Independence Apartments

4040 Harrison St, Batesville, Arkansas 72501

Sun Valley Apartments

375 W Ross St, Batesville, Arkansas 72501

Lighthouse Group Home

2145 N Heights Ave, Batesville, Arkansas 72501

Independence Village

800 Long St, Newark, Arkansas 72562

Parkview Manor Senior Citizens Apartments

206 W South St, Cave City, Arkansas 72521

Rose Manor Apartment

1450 Grays Ave, Batesville, Arkansas 72501

Daffin Manor

355 S 14th St, Batesville, Arkansas 72501

White River Manor, Inc

29 W Moore St, Oil Trough, Arkansas 72564

Spring Creek Manor Apartments

400 S Main St, Sulphur Rock, Arkansas 72579

Hill Haven Manor

1075 N Hill St, Batesville, Arkansas 72501

Twin Oaks II

330 S. 17th St., Batesville, Arkansas

College Street Housing

1530 E College St, Batesville, Arkansas 72501

501 Akron Cir

501 Akron Cir, Newark, Arkansas 72562

Curia Creek Apartments Phase II

352 Curia Creek Ln, Cave City, Arkansas 72521

North Arkansas Special Housing

1731 N State St, Batesville, Arkansas 72501

Curia Creek Aparatments II

Christopher St, Cave City, Arkansas 72521

Huskey Apartments I

2501 Case St, Batesville, Arkansas 72501

Huskey Apartments II

2575 Case St, Batesville, Arkansas 72501

Huskey Apartments III

550 Gregg Dr, Batesville, Arkansas 72501

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Independence County, Arkansas
$15.49/hour
$4.49 (+41%) more than Arkansas minimum wage and $8.24 (+114%) more than the Federal minimum wage.
Learn More About Independence County, Arkansas Affordable Housing ↓

What HUD offices serve Independence 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 Independence County, Arkansas.

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

How many renters live in Independence County, Arkansas?

The County of Independence County has 37,910 people living in 14,417 households.

There are 10,755 renters living in 4,411 renter households in this County. Renters make up 28.37 percent of the population living in Independence County.

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

There are an estimated 16,689 housing units in the Independence County area. Of these, 4,655 units are rental homes, making up 28 percent of the housing market. For every renter household in Independence County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Independence County?

The rental vacancy rate in Independence County 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 Independence County for each bedroom size?

Occupied Rental Units by Size in Independence County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
100 634 1,797 1,556 267
Occupied Rental Units by Size in Independence County

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

Among renter households in this market, 41 percent have housing cost burden. Further, 21 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 Independence County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $618 to $1,089. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $618
One BR $623
Two BR $818
Three BR $1,087
Four BR $1,089
2024 Fair Market Rents in Independence County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Independence 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 51 51 percent
One BR 403 64 percent
Two BR 909 51 percent
Rental Units Below FMR in Independence County, Arkansas

How many affordable rental units are in Independence County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 22
Public Housing 90
Section 8 Project-Based Rental Assistance 88
Section 202 Supportive Housing for the Elderly 68
Section 811 Supportive Housing for Persons with Disabilities 18
USDA Section 515 Rural Rental Housing 73
Tracked Units by Federal Program in Independence County, Arkansas

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

Income Based Apartments in Independence County, Arkansas

Independence County features 319 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 Independence County, Arkansas

There are 104 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Independence County.

Housing Choice Vouchers in Independence County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Independence County, Arkansas for a two-bedroom apartment is between $736 and $900.

Sourced from federal housing data and AffordableHousingOnline.com research.