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

Discover affordable housing in Perry County 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.

Fourche Valley Apartments

200 W Valley St, Perryville, Arkansas 72126

Casa Retirement Center

Rr 1, Casa, Arkansas 72025

Cedar Crest Apartments

408 W Scenic Dr, Perryville, Arkansas 72126

Marieanne Apts

511 6th Street, Perryville, Arkansas

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Perry County, Arkansas
$20.63/hour
$9.63 (+88%) more than Arkansas minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Perry County, Arkansas Affordable Housing ↓

How many renters live in Perry County, Arkansas?

The County of Perry County has 10,055 people living in 3,829 households.

There are 2,561 renters living in 926 renter households in this County. Renters make up 25.47 percent of the population living in Perry County.

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

There are an estimated 4,946 housing units in the Perry County area. Of these, 967 units are rental homes, making up 20 percent of the housing market. For every renter household in Perry County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Perry County?

The rental vacancy rate in Perry County is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Perry County for each bedroom size?

Occupied Rental Units by Size in Perry County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 63 409 423 25
Occupied Rental Units by Size in Perry County

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

Among renter households in this market, 25 percent have housing cost burden. Further, 9 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 Perry County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $944 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $944
One BR $950
Two BR $1,089
Three BR $1,454
Four BR $1,717
2024 Fair Market Rents in Perry County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Perry 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 35 56 percent
Two BR 328 80 percent
Rental Units Below FMR in Perry County, Arkansas

How many affordable rental units are in Perry County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 45
Tracked Units by Federal Program in Perry County, Arkansas

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

Income Based Apartments in Perry County, Arkansas

Perry County features 71 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 Perry County, Arkansas

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

Housing Choice Vouchers in Perry County, Arkansas

On average, Section 8 Housing Choice vouchers pay Perry County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Perry County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Perry County, Arkansas for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.