Low Income Apartments and Affordable Housing For Rent in Tillar, AR

Discover affordable housing in Tillar where there are 1+ 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.

Reed Terrace

205 Smith Dr, Tillar, Arkansas 71670

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tillar, Arkansas
$5.74 (+52%) more than Arkansas minimum wage and $9.49 (+131%) more than the Federal minimum wage.
Learn More About Tillar, Arkansas Affordable Housing ↓

What HUD offices serve Tillar, 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), Public Housing programs for Tillar, Arkansas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Tillar, Arkansas.

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

How many renters live in Tillar, Arkansas?

The City of Tillar has 195 people living in 84 households.

There are 5 renters living in 5 renter households in this City. Renters make up 2.56 percent of the population living in Tillar.

What is the rental market like in Tillar, Arkansas?

There are an estimated 105 housing units in the Tillar area. Of these, 5 units are rental homes, making up 5 percent of the housing market. For every renter household in Tillar, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Tillar?

The rental vacancy rate in Tillar is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Tillar for each bedroom size?

Occupied Rental Units by Size in Tillar
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 1 0 4
Occupied Rental Units by Size in Tillar

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

Among renter households in this market, 80 percent have housing cost burden. Further, 80 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 Tillar

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,381. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $634
Two BR $814
Three BR $1,121
Four BR $1,381
2024 Fair Market Rents in Tillar, Arkansas

How many units are rented at Fair Market Rent (FMR) in Tillar?

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
Two BR 0 100 percent
Rental Units Below FMR in Tillar, Arkansas

How many affordable rental units are in Tillar?

Income Based Apartments in Tillar, Arkansas

Tillar features 12 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 Tillar, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tillar.

Housing Choice Vouchers in Tillar, Arkansas

On average, Section 8 Housing Choice vouchers pay Tillar landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Tillar.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tillar, Arkansas for a two-bedroom apartment is between $796 and $972.

Sourced from federal housing data and AffordableHousingOnline.com research.