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

Discover affordable housing in Lee 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.

Hicky Garden Apartments

785 Hicky Rd, Marianna, Arkansas 72360

Foster Collier Gordon Manor

168 Sarah Sauls Dr, Marianna, Arkansas 72360

South Pointe Apartments

365 California Street, Marianna, Arkansas 72360

Riverview Apartments

580 Hicky Rd W, Marianna, Arkansas 72360

Chestnut Apartments

629 Hicky Rd W, Marianna, Arkansas 72360

Meadowbrook Park of Marianna, Phase II

133 Robert Taylor Dr, Marianna, Arkansas 72360

Marianna

280 Sanderson Dr, Marianna, Arkansas 72360

Marianna, City Of

12 E Main St, Marianna, Arkansas 72360

Meadowbrook Park

716 Meadowbrook Way, Marianna, Arkansas 72360

Mark Hurt

26 Lee 805, Marianna, Arkansas

Higginbothom, Stephen Higginbotham Diane

190 Mann, Marianna, Arkansas

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

What HUD offices serve Lee 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) programs for Lee County, Arkansas.

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

How many renters live in Lee County, Arkansas?

The County of Lee County has 8,666 people living in 2,586 households.

There are 3,064 renters living in 985 renter households in this County. Renters make up 35.36 percent of the population living in Lee County.

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

There are an estimated 3,736 housing units in the Lee County area. Of these, 1,307 units are rental homes, making up 35 percent of the housing market. For every renter household in Lee County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Lee County?

The rental vacancy rate in Lee County is 15 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 Lee County for each bedroom size?

Occupied Rental Units by Size in Lee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 25 397 422 122
Occupied Rental Units by Size in Lee County

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

Among renter households in this market, 53 percent have housing cost burden. Further, 32 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 Lee County

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 $1,147
Four BR $1,148
2024 Fair Market Rents in Lee County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Lee 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 0 100 percent
One BR 23 92 percent
Two BR 195 49 percent
Rental Units Below FMR in Lee County, Arkansas

How many affordable rental units are in Lee County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 494
Public Housing 243
Section 8 Project-Based Rental Assistance 214
USDA Section 515 Rural Rental Housing 103
USDA Section 514 Farm Labor Housing 2
Tracked Units by Federal Program in Lee County, Arkansas

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

Income Based Apartments in Lee County, Arkansas

Lee County features 431 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 Lee County, Arkansas

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lee County.

Housing Choice Vouchers in Lee County, Arkansas

On average, Section 8 Housing Choice vouchers pay Lee County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Lee County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.