The Meadows at Forrest City

1485 Dawson
Forrest City, Arkansas
Assisted
LIHTC
Call For Rent
2-3 BR

Eastgate Apartments

302 Main St
Hughes, Arkansas
Subsidized
Senior
S. 202
Income Based
1 BR

Indian Hills Apartments

1731 Indian Hills Rd. #100
Forrest City, Arkansas
Subsidized
PBRA
Call For Rent
1-3 BR

Hughes Towers

102 Blackwood
Hughes, Arkansas
Subsidized
Assisted
Senior
Supportive
S. 515 Rural
LIHTC
RDRA

Delta Pointe Apartments

1421 N Division Street
Forrest City, Arkansas
Assisted
HOME
LIHTC
Call For Rent
Studio-2 BR
Showing Results 1-5

There are 368 low-income apartments in St Francis County that offer reduced rents to eligible households.

Rental assistance programs support 1,355 low-income homes in St Francis County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $262 towards rent each month.

Affordable rent data for some communities last confirmed on January 30th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving 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.

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 St Francis County.

St Francis County, Arkansas Affordable Housing Data

Income Based Apartments in St Francis County, Arkansas

St Francis County features 1,355 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 $648 and $792.

2023 St Francis County, 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
St Francis County, Arkansas Fair Market Rent $571 $575 $720 $1,023 $1,041
St Francis County, 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.

St Francis County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 34
Total Low Income Apartments 1,727
Total Housing Units with Rental Assistance 1,355
Percentage of Housing Units Occupied By Renters 44.36%
Average Renter Household Size 2.50
Average Household Size 2.51
Median Household Income $32,105 ±$2,438
Median Rent $576 ±$30
Percentage Of Renters Overburdened 42% ± 6.23pp
Total Population 27,345

Population and Household Demographics

St Francis County is a county in Arkansas with a population of 27,345. There are 9,430 households in the county with an average household size of 2.51 persons. 44.36% of households in St Francis County are renters.

Income and Rent Overburden in St Francis County

The median gross income for households in St Francis County is $32,105 a year, or $2,675 a month. The median rent for the county is $576 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In St Francis County, a household making less than $1,920 a month would be considered overburdened when renting an apartment at or above the median rent. 42% of households who rent are overburdened in St Francis County.

Area Median Income In St Francis County

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.

In St Francis County, 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 St Francis County

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 St Francis County

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 St Francis County 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 St Francis County 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 St Francis County 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