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

Discover affordable housing in St Francis County where there are 34+ 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.

Cottonwood Townhomes

1035 Dawson Rd, Forrest City, Arkansas 72335

Chapel Ridge of Forrest City

1085 Holiday Dr, Forrest City, Arkansas 72335

Forrest Meadows I

305 Kittle Rd, Forrest City, Arkansas 72335

Pecan Grove Apartments

1905 N Washington St, Forrest City, Arkansas 72335

Forrest City Group Home

1455 Beth St, Forrest City, Arkansas 72335

Forrest City Independent Living Center

2105 Cedar St, Forrest City, Arkansas 72335

Dundas Place

1001 S Rosser St, Forrest City, Arkansas

James D Davis

199 Sfc 309, Forrest City, Arkansas

Richard Shannon

249 Sfc 630, Hughes, Arkansas

Caleb Jones Farms

507 North Main, Palestine, Arkansas

Dawson Homes

119 Turner Cir, Forrest City, Arkansas 72335

Linden Heights

11 Grobmyer Cir, Forrest City, Arkansas 72335

Chapel Ridge of Forrest City II

1075 Holiday Dr, Forrest City, Arkansas 72335

Forrest City Housing Associates, Lp

Holiday St, Forrest City, Arkansas 72335

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In St Francis County, Arkansas
$15.78/hour
$4.78 (+43%) more than Arkansas minimum wage and $8.53 (+118%) more than the Federal minimum wage.
Learn More About St Francis County, Arkansas Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for St Francis County, Arkansas.

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 23,138 people living in 8,102 households.

There are 9,332 renters living in 3,707 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 9,653 housing units in the St Francis County area. Of these, 4,025 units are rental homes, making up 42 percent of the housing market. For every renter household in St Francis County, Arkansas, there are 1 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 many renter households in St Francis County are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 19 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 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 812
Public Housing 391
Section 8 Project-Based Rental Assistance 188
Section 202 Supportive Housing for the Elderly 48
Section 811 Supportive Housing for Persons with Disabilities 17
USDA Section 515 Rural Rental Housing 429
USDA Section 514 Farm Labor Housing 3
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.