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

Discover affordable housing in Yellville where there are 3+ 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.

Stonehill I Apartments

6th St, Yellville, Arkansas 72687

Stonehill Apartments II

508 W 6th St, Yellville, Arkansas 72687

Yellville

415 W Old Main St, Yellville, Arkansas 72687

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Yellville, Arkansas
$16.14/hour
$5.14 (+47%) more than Arkansas minimum wage and $8.89 (+123%) more than the Federal minimum wage.
Learn More About Yellville, Arkansas Affordable Housing ↓

What HUD offices serve Yellville, 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 Public Housing programs for Yellville, Arkansas.

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

How many renters live in Yellville, Arkansas?

The City of Yellville has 1,159 people living in 427 households.

There are 526 renters living in 175 renter households in this City. Renters make up 45.38 percent of the population living in Yellville.

What is the rental market like in Yellville, Arkansas?

There are an estimated 587 housing units in the Yellville area. Of these, 200 units are rental homes, making up 34 percent of the housing market. For every renter household in Yellville, Arkansas, there are 1 rental units.

What is the vacancy rate for rentals in Yellville?

The rental vacancy rate in Yellville is 9 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 Yellville for each bedroom size?

Occupied Rental Units by Size in Yellville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 61 46 59 9
Occupied Rental Units by Size in Yellville

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

Among renter households in this market, 31 percent have housing cost burden. Further, 18 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 Yellville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,213. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $648
Two BR $852
Three BR $1,030
Four BR $1,213
2024 Fair Market Rents in Yellville, Arkansas

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

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
One BR 49 80 percent
Two BR 39 85 percent
Rental Units Below FMR in Yellville, Arkansas

How many affordable rental units are in Yellville?

There are a variety of federal affordable housing programs serving households in Yellville, Arkansas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 9
Public Housing 24
Tracked Units by Federal Program in Yellville, Arkansas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Yellville, Arkansas

Yellville features 57 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 Yellville, Arkansas

There are 9 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yellville.

Housing Choice Vouchers in Yellville, Arkansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Yellville, Arkansas for a two-bedroom apartment is between $767 and $937.

Sourced from federal housing data and AffordableHousingOnline.com research.