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

Discover affordable housing in Murfreesboro 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.

Pine View Manor Housing

1 Oak St, Murfreesboro, Arkansas 71958

Murfreesboro Apartments

200 Billy Winn Street, Murfreesboro, Arkansas 71958

Murfreesboro Villas Apartments

1480 N Maple Ave, Murfreesboro, Arkansas 71958

Pike County

211 W Haislip St, Murfreesboro, Arkansas 71958

How To Identify Affordable Housing in Murfreesboro, Arkansas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Murfreesboro, 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 Murfreesboro, Arkansas Affordable Housing ↓

What HUD offices serve Murfreesboro, 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 Murfreesboro, Arkansas.

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

How many renters live in Murfreesboro, Arkansas?

The City of Murfreesboro has 1,703 people living in 698 households.

There are 483 renters living in 229 renter households in this City. Renters make up 28.36 percent of the population living in Murfreesboro.

What is the rental market like in Murfreesboro, Arkansas?

There are an estimated 864 housing units in the Murfreesboro area. Of these, 272 units are rental homes, making up 31 percent of the housing market. For every renter household in Murfreesboro, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Murfreesboro?

The rental vacancy rate in Murfreesboro is 16 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 Murfreesboro for each bedroom size?

Occupied Rental Units by Size in Murfreesboro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 43 96 61 19
Occupied Rental Units by Size in Murfreesboro

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

Among renter households in this market, 34 percent have housing cost burden. Further, 12 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 Murfreesboro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,174. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $641
Two BR $814
Three BR $1,063
Four BR $1,174
2024 Fair Market Rents in Murfreesboro, Arkansas

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

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 10 100 percent
One BR 32 74 percent
Two BR 75 78 percent
Rental Units Below FMR in Murfreesboro, Arkansas

How many affordable rental units are in Murfreesboro?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Section 8 Project-Based Rental Assistance 20
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Murfreesboro, Arkansas

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

Income Based Apartments in Murfreesboro, Arkansas

Murfreesboro features 68 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 Murfreesboro, Arkansas

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Murfreesboro.

Housing Choice Vouchers in Murfreesboro, Arkansas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.