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

Discover affordable housing in Marshall where there are 4+ 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.

Marshall Manor

203 W Main St, Marshall, Arkansas 72650

Heritage Place Apartments

110 School St, Marshall, Arkansas 72650

Briarwood I Apartments

210 Hazel St, Marshall, Arkansas 72650

Briarwood Apartments II

1 Hazel ST, Marshall, Arkansas 0

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

How many renters live in Marshall, Arkansas?

The City of Marshall has 1,384 people living in 553 households.

There are 608 renters living in 281 renter households in this City. Renters make up 43.93 percent of the population living in Marshall.

What is the rental market like in Marshall, Arkansas?

There are an estimated 719 housing units in the Marshall area. Of these, 349 units are rental homes, making up 49 percent of the housing market. For every renter household in Marshall, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Marshall?

The rental vacancy rate in Marshall is 19 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 Marshall for each bedroom size?

Occupied Rental Units by Size in Marshall
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 100 113 65 3
Occupied Rental Units by Size in Marshall

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

Among renter households in this market, 31 percent have housing cost burden. Further, 20 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 Marshall

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $620
Two BR $814
Three BR $1,042
Four BR $1,148
2024 Fair Market Rents in Marshall, Arkansas

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

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 87 87 percent
Two BR 57 50 percent
Rental Units Below FMR in Marshall, Arkansas

How many affordable rental units are in Marshall?

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

Federal Program Unit Count
Low Income Housing Tax Credit 105
Section 811 Supportive Housing for Persons with Disabilities 9
USDA Section 515 Rural Rental Housing 76
Tracked Units by Federal Program in Marshall, Arkansas

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

Income Based Apartments in Marshall, Arkansas

Marshall features 83 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 Marshall, Arkansas

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall.

Housing Choice Vouchers in Marshall, Arkansas

On average, Section 8 Housing Choice vouchers pay Marshall landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Marshall.

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

Sourced from federal housing data and AffordableHousingOnline.com research.