Affordable Housing In Stone County
Arkansas

8 Low Income Apartment Communities In Stone County

Pioneer Village

398 N Knox Ave
Mountain View, Arkansas
Income Based
1 BR
Subsidized

Calm Seas

417 N Peabody Ave
Mountain View, Arkansas
Subsidized
62+
Accessible
Elderly Supportive Housing

Friendship Comm. Living No Central

707 Massey Ave
Mountain View, Arkansas
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Mountain Lodge Apartments

211 King Ave
Mountain View, Arkansas
Subsidized

Pebble Creek Apartments

301 Pebble Creek Dr
Mountain View, Arkansas
Subsidized

Mesa Vista

Brewer AVE
Mountain View, Arkansas

White River Regional

808 Oak Ave
Mountain View, Arkansas

Mountain View Villas

808 Clarence St
Mountain View, Arkansas
Subsidized
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Section 8 Vouchers, Apartments, and Waiting Lists in Stone 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Stone County, Arkansas

Housing Authority Programs
White River Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Stone County, Arkansas

There are 8 low income housing apartment communities offering 344 affordable apartments for rent in Stone County, Arkansas.

Income Based Apartments in Stone County, Arkansas

Stone County features 310 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 Stone County, Arkansas

There are 34 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stone County.

Housing Choice Vouchers in Stone County, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Stone County, Arkansas for a two-bedroom apartment is between $584 and $714.

2022 Stone 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
Stone County, Arkansas Fair Market Rent $481 $493 $649 $893 $928
Stone County, Arkansas Payment Standard Range $433 to $529 $444 to $542 $584 to $714 $804 to $982 $835 to $1,021

Sourced from federal housing data and AffordableHousingOnline.com research.

Stone County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 344
Total Housing Units with Rental Assistance 310
Percentage of Housing Units Occupied By Renters 24.08%
Average Renter Household Size 2.07
Average Household Size 2.40
Median Household Income $29,264 ±$2,701
Median Rent $518 ±$74
Percentage Of Renters Overburdened 27.06% ± 8.6pp
Total Population 12,512

Population and Household Demographics

Stone County is a county in Arkansas with a population of 12,512. There are 5,142 households in the county with an average household size of 2.40 persons. 24.08% of households in Stone County are renters.

Income and Rent Overburden in Stone County

The median gross income for households in Stone County is $29,264 a year, or $2,439 a month. The median rent for the county is $518 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Stone County, a household making less than $1,727 a month would be considered overburdened when renting an apartment at or above the median rent. 27.06% of households who rent are overburdened in Stone County.

Area Median Income In Stone 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 Stone County, HUD calculates the Area Median Income for a family of four as $48,100

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 Stone 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 Stone 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 Stone County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,250 $31,400 $33,550 $35,750
50% AMI Income Limits
Renters earning up to 50% of the Stone County AMI may qualify for rental assistance programs that target Very Low Income households.
$18,950 $21,650 $24,350 $27,050 $29,250 $31,400 $33,550 $35,750
80% AMI Income Limits
Renters earning up to 80% of the Stone County AMI may qualify for rental assistance programs that target Low Income households.
$30,350 $34,650 $39,000 $43,300 $46,800 $50,250 $53,700 $57,200

Cities In Stone County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Fifty Six The HUD funded Public Housing Agency that serves Fifty Six is the White River Regional Housing Authority.
Fifty-Six The HUD funded Public Housing Agency that serves Fifty-Six is the White River Regional Housing Authority.
Mountain View The HUD funded Public Housing Agency that serves Mountain View is the White River Regional Housing Authority.