. Low Income Apartments For Rent in Morrilton, Arkansas - Affordable Housing Online

The Ridge at Morrilton

1609 E. Harding St.
Morrilton, Arkansas
Rent Assisted
1-3 BR

Station House Apartments St Anthonys

401 N Moose St
Morrilton, Arkansas
Rent Assisted

River Valley Apartments - Morrilton

1021 S Business 9
Morrilton, Arkansas
Rent Assisted
S. 515 Rural

St Anthonys Senior Living

202 Green St
Morrilton, Arkansas
Rent Assisted

Stone Ridge

404 Legacy Dr
Morrilton, Arkansas
Rent Assisted

Park Place Apts

306 North St. Joseph Street
Morrilton, Arkansas
Rent Assisted
S. 515 Rural

Bridewill Manor

107 Cherokee Ct
Morrilton, Arkansas
Public Housing
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There are 195 low-income apartments in Morrilton that offer reduced rents to eligible households. Low-income rents in Morrilton, Arkansas can range from $450 to $750 depending on the number of bedrooms.

Rental assistance programs support 251 low-income homes in Morrilton where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $326 towards rent each month.

Affordable rent data for some communities last confirmed on January 1st, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Morrilton, 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.

Housing Authority Programs
Housing Authority of the City of Morrilton Public Housing
Conway County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near Morrilton.

Morrilton, Arkansas Affordable Housing Data

Income Based Apartments in Morrilton, Arkansas

Morrilton features 251 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 Morrilton, Arkansas

There are 195 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morrilton.

Housing Choice Vouchers in Morrilton, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Morrilton, Arkansas for a two-bedroom apartment is between $648 and $792.

2023 Morrilton, Arkansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Morrilton, Arkansas Fair Market Rent $539 $547 $720 $1,002 $1,105
Morrilton, Arkansas Payment Standard Range $485 to $593 $492 to $602 $648 to $792 $902 to $1,102 $995 to $1,216

Sourced from federal housing data and AffordableHousingOnline.com research.

Morrilton, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 446
Total Housing Units with Rental Assistance 251
Percentage of Housing Units Occupied By Renters 43.3%
Average Renter Household Size 2.42
Average Household Size 2.57
Median Household Income $27,662 ±$4,632
Median Rent $661 ±$96
Percentage Of Renters Overburdened 62.09% ± 14.76pp
Total Population 6,746

Population and Household Demographics

Morrilton is a city in Conway County, Arkansas with a population of 6,746. There are 2,522 households in the city with an average household size of 2.57 persons. 43.3% of households in Morrilton are renters.

Income and Rent Overburden in Morrilton

The median gross income for households in Morrilton is $27,662 a year, or $2,305 a month. The median rent for the city is $661 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Morrilton, a household making less than $2,203 a month would be considered overburdened when renting an apartment at or above the median rent. 62.09% of households who rent are overburdened in Morrilton.

Area Median Income In Morrilton

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Morrilton, the AMI is calculated from all households within Conway County.

In Morrilton, HUD calculates the Area Median Income for a family of four as $64,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Morrilton

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Morrilton

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Morrilton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,850 $37,450 $40,000 $42,600
50% AMI Income Limits
Renters earning up to 50% of the Morrilton AMI may qualify for rental assistance programs that target Very Low Income households.
$22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% AMI Income Limits
Renters earning up to 80% of the Morrilton AMI may qualify for rental assistance programs that target Low Income households.
$36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150