What HUD offices serve St Francis 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.
Go to the Arkansas Public Housing and Low-Income Apartments Waiting Lists page for openings near St Francis County.
How many renters live in St Francis County, Arkansas?
The County of St Francis County has people living in households.
There are renters living in renter households in this County. Renters make up 40.33 percent of the population living in St Francis County.
What is the rental market like in St Francis County, Arkansas?
There are an estimated housing units in the St Francis County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in St Francis County, Arkansas, there are 1.09 rental units.
What is the vacancy rate for rentals in St Francis County?
The rental vacancy rate in St Francis County is 7 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 St Francis County for each bedroom size?
Occupied Rental Units by Size in St Francis County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 102 | 470 | 1,580 | 1,246 | 285 |
Occupied Rental Units by Size in St Francis County
A large number of apartments in St Francis County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in St Francis County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $618 to $1,166. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $618 |
| One BR | $660 |
| Two BR | $833 |
| Three BR | $1,161 |
| Four BR | $1,166 |
2024 Fair Market Rents in St Francis County, Arkansas
How many units are rented at Fair Market Rent (FMR) in St Francis 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 | 90 | 88 percent |
| One BR | 370 | 79 percent |
| Two BR | 847 | 54 percent |
Rental Units Below FMR in St Francis County, Arkansas
How many affordable rental units are in St Francis County?
There are a variety of federal affordable housing programs serving households in St Francis County, Arkansas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities | |
| USDA Section 515 Rural Rental Housing | |
| USDA Section 514 Farm Labor Housing |
Tracked Units by Federal Program in St Francis County, Arkansas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in St Francis County, Arkansas
St Francis County features 975 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 St Francis County, Arkansas
There are 368 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Francis County.
Housing Choice Vouchers in St Francis County, Arkansas
On average, Section 8 Housing Choice vouchers pay St Francis County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in St Francis County.
The maximum amount a voucher would pay on behalf of a low-income tenant in St Francis County, Arkansas for a two-bedroom apartment is between $750 and $916.
Sourced from federal housing data and AffordableHousingOnline.com research.