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

Discover affordable housing in Prairie County where there are 8+ 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.

Edge Oaks Apartments

333 S Bridges St, De Valls Bluff, Arkansas 72041

Cedar Branch Apartments

405 S Grove St, Hazen, Arkansas 72064

Edge Oaks Apartments

200 S Bridges St, De Valls Bluff, Arkansas 72041

Hickory Square Apartments

1900 Hickory St, Des Arc, Arkansas 72040

Crestview Apts

Wilson Street, Des Arc, Arkansas

Senior Manor

201 Chester St, Des Arc, Arkansas 72040

Madison Manor

149 E Jefferson St, Hazen, Arkansas 72064

Eastwood Terrace Apartments

603 Highway 63 N, Hazen, Arkansas 72064

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Prairie County, Arkansas
$16.12/hour
$5.12 (+47%) more than Arkansas minimum wage and $8.87 (+122%) more than the Federal minimum wage.
Learn More About Prairie County, Arkansas Affordable Housing ↓

What HUD offices serve Prairie County, 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) programs for Prairie County, Arkansas.

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

How many renters live in Prairie County, Arkansas?

The County of Prairie County has 8,217 people living in 3,314 households.

There are 1,728 renters living in 752 renter households in this County. Renters make up 21.03 percent of the population living in Prairie County.

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

There are an estimated 4,105 housing units in the Prairie County area. Of these, 877 units are rental homes, making up 21 percent of the housing market. For every renter household in Prairie County, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Prairie County?

The rental vacancy rate in Prairie County is 14 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 Prairie County for each bedroom size?

Occupied Rental Units by Size in Prairie County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 177 183 324 38
Occupied Rental Units by Size in Prairie County

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

Among renter households in this market, 26 percent have housing cost burden. Further, 7 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 Prairie County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $631 to $1,200. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $631
One BR $648
Two BR $851
Three BR $1,029
Four BR $1,200
2024 Fair Market Rents in Prairie County, Arkansas

How many units are rented at Fair Market Rent (FMR) in Prairie 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 27 100 percent
One BR 82 46 percent
Two BR 116 63 percent
Rental Units Below FMR in Prairie County, Arkansas

How many affordable rental units are in Prairie County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 84
Public Housing 42
Section 8 Project-Based Rental Assistance 29
USDA Section 515 Rural Rental Housing 179
Tracked Units by Federal Program in Prairie County, Arkansas

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

Income Based Apartments in Prairie County, Arkansas

Prairie County features 155 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 Prairie County, Arkansas

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

Housing Choice Vouchers in Prairie County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Prairie County, Arkansas for a two-bedroom apartment is between $766 and $936.

Sourced from federal housing data and AffordableHousingOnline.com research.