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

Alcott Manor Apartments

7923 Highway 70 W
Palestine, Arkansas
Rent Assisted
S. 515 Rural

Christopher Homes of Palestine

21 Christopher Pl
Palestine, Arkansas
S. 202

Caleb Jones Farms

507 North Main
Palestine, Arkansas
Rent Assisted
Farm Labor
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There are 0 low-income apartments in Palestine that offer reduced rents to eligible households.

Rental assistance programs support 38 low-income homes in Palestine where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Palestine, 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
St. Francis 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 Palestine.

Palestine, Arkansas Affordable Housing Data

Income Based Apartments in Palestine, Arkansas

Palestine features 38 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 Palestine, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palestine.

Housing Choice Vouchers in Palestine, Arkansas

On average, Section 8 Housing Choice vouchers pay Palestine landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Palestine.

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

2023 Palestine, 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
Palestine, Arkansas Fair Market Rent $571 $575 $720 $1,023 $1,041
Palestine, Arkansas Payment Standard Range $514 to $628 $518 to $633 $648 to $792 $921 to $1,125 $937 to $1,145

Sourced from federal housing data and AffordableHousingOnline.com research.

Palestine, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 39
Total Housing Units with Rental Assistance 38
Percentage of Housing Units Occupied By Renters 43.85%
Average Renter Household Size 2.78
Average Household Size 2.65
Median Household Income $35,648 ±$6,252
Median Rent $583 ±$157
Percentage Of Renters Overburdened 32.46% ± 17.1pp
Total Population 688

Population and Household Demographics

Palestine is a city in St Francis County, Arkansas with a population of 688. There are 260 households in the city with an average household size of 2.65 persons. 43.85% of households in Palestine are renters.

Income and Rent Overburden in Palestine

The median gross income for households in Palestine is $35,648 a year, or $2,971 a month. The median rent for the city is $583 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Palestine, a household making less than $1,943 a month would be considered overburdened when renting an apartment at or above the median rent. 32.46% of households who rent are overburdened in Palestine.

Area Median Income In Palestine

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 Palestine, the AMI is calculated from all households within St Francis County.

In Palestine, HUD calculates the Area Median Income for a family of four as $49,100

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 Palestine

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 Palestine

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 Palestine AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,250 $36,800 $39,350 $41,850
50% AMI Income Limits
Renters earning up to 50% of the Palestine AMI may qualify for rental assistance programs that target Very Low Income households.
$22,200 $25,400 $28,550 $31,700 $34,250 $36,800 $39,350 $41,850
80% AMI Income Limits
Renters earning up to 80% of the Palestine AMI may qualify for rental assistance programs that target Low Income households.
$35,500 $40,600 $45,650 $50,700 $54,800 $58,850 $62,900 $66,950