Affordable Housing In North Little Rock
Pulaski County, Arkansas

29 Low Income Apartment Communities In North Little Rock

Shorter College Gardens

800 N Beech St
North Little Rock, AR
Income Based
1-3 BR
Subsidized

Argenta Square Apartments

617 N Maple St
North Little Rock, AR
$610-695
1-2 BR
HCV Welcome

Ridge at North Little Rock

940 W Scenic Dr
North Little Rock, AR
Call For Rent
1-2 BR
HCV Welcome

Silver City Courts

701 W 18th St
North Little Rock, AR
HCV Welcome

Woodland Hills

2221 John Ashley Dr
North Little Rock, AR
Accessible
Disabled Supportive Housing
Subsidized

Theressa James Manor

400 W 4th St
North Little Rock, AR
62+
Accessible
Elderly Supportive Housing
Subsidized

Sarah Daisy Garden Courts

2600 W Pershing Blvd
North Little Rock, AR
62+
Accessible
Elderly Supportive Housing
Subsidized

The Summit at Velvet Ridge

5000 Summertree Dr
North Little Rock, AR
HCV Welcome

Jefferson Manor Apartments

2600 John Ashley Dr
North Little Rock, AR
Subsidized

Protho Manor Apartments

1909 Highway 161
North Little Rock, AR
Subsidized

Housing Authorities that serve North Little Rock

Housing Authority Programs
North Little Rock Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Pulaski County Housing Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in North Little Rock, Arkansas

According to federal housing data and AffordableHousingOnline.com research, there are 29 low income housing apartment communities offering 3,203 affordable apartments for rent in North Little Rock, Arkansas. North Little Rock features 1,633 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,570 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in North Little Rock.

North Little Rock, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 29
Total Low Income Apartments 3,203
Total Housing Units with Rental Assistance 1,633
Percentage of Housing Units Occupied By Renters 46.53%
Average Renter Household Size 2.58
Average Household Size 2.54
Median Household Income $39,591 ±$2,008
Median Rent $775 ±$21
Percentage Of Renters Overburdened 49.51% ± 4.17pp
Total Population 65,538

Population and Household Demographics

North Little Rock is a City in Pulaski County, Arkansas with a population of 65,538. There are 25,538 households in the city with an average household size of 2.54 persons. 46.53% of households in North Little Rock are renters.

Income and Rent Overburden in North Little Rock

The median gross income for households in North Little Rock is $39,591 a year, or $3,299 a month. The median rent for the city is $775 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In North Little Rock, a household making less than $2,583 a month would be considered overburdened when renting an apartment at or above the median rent. 49.51% of households who rent are overburdened in North Little Rock.1

Area Median Income In North Little Rock

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 North Little Rock, the AMI is calculated from all households within Pulaski County.

In North Little Rock, HUD calculates the Area Median Income for a family of four as $69,600

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 North Little Rock

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 North Little Rock HUD Rental Assistance in North Little Rock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,400 $27,850 $31,350 $34,800 $37,600 $40,400 $43,200 $45,950
80% of Median $39,000 $44,600 $50,150 $55,700 $60,200 $64,650 $69,100 $73,550
Low Income Housing Tax Credits in North Little Rock

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2008, 12 low income apartment communities containing 1,901 rental apartments have been constructed and made affordable to low income persons in North Little Rock by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in North Little Rock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,400 $27,850 $31,350 $34,800 $37,600 $40,400 $43,200 $45,950
60% of Median $29,280 $33,420 $37,620 $41,760 $45,120 $48,480 $51,840 $55,140

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in North Little Rock is $37,620 a year, or $3,135 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,135 by 30% to get a maximum rent of $941 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $610 $653 $784 $905 $1,010 $1,114
60% $732 $784 $941 $1,086 $1,212 $1,337
Fair Market Rents in North Little Rock

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$640 $688 $804 $1,082 $1,267