How many renters live in Miller County, Arkansas?
The County of Miller County has people living in households.
There are renters living in renter households in this County. Renters make up 32 percent of the population living in Miller County.
What is the rental market like in Miller County, Arkansas?
There are an estimated housing units in the Miller County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Miller County, Arkansas, there are 1.15 rental units.
What is the vacancy rate for rentals in Miller County?
The rental vacancy rate in Miller County is 12 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 Miller County for each bedroom size?
Occupied Rental Units by Size in Miller County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 579 | 723 | 1,975 | 1,830 | 209 |
Occupied Rental Units by Size in Miller County
A large number of apartments in Miller County 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 Miller County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $779 to $1,601. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $779 |
| One BR | $784 |
| Two BR | $982 |
| Three BR | $1,221 |
| Four BR | $1,601 |
2024 Fair Market Rents in Miller County, Arkansas
How many units are rented at Fair Market Rent (FMR) in Miller 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 | 370 | 64 percent |
| One BR | 573 | 79 percent |
| Two BR | 1,440 | 73 percent |
Rental Units Below FMR in Miller County, Arkansas
How many affordable rental units are in Miller County?
There are a variety of federal affordable housing programs serving households in Miller County, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Miller County, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Miller County, Arkansas
Miller County features 737 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 Miller County, Arkansas
There are 307 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miller County.
Housing Choice Vouchers in Miller County, Arkansas
On average, Section 8 Housing Choice vouchers pay Miller County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Miller County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Miller County, Arkansas for a two-bedroom apartment is between $884 and $1,080.
Sourced from federal housing data and AffordableHousingOnline.com research.