Low Income Apartments and Affordable Housing For Rent in Bunkie, LA

Discover affordable housing in Bunkie where there are 4+ 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.

Augustine Park Apartments

702 E Church Street, Bunkie, Louisiana 71322

Plantation Place II Apartments

601 Pershing Ave, Bunkie, Louisiana 71322

Bunkie Seniors Apartments II

RR 1 Box 7, Bunkie, Louisiana 71322

Bunkie Heights Number 1

505 S Matthews St, Bunkie, Louisiana 71322

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bunkie, Louisiana
$16.21/hour
$8.96 (+124%) more than Louisiana minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Bunkie, Louisiana Affordable Housing ↓

What HUD offices serve Bunkie, Louisiana?

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 Bunkie, Louisiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Bunkie, Louisiana.

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

How many renters live in Bunkie, Louisiana?

The City of Bunkie has 3,362 people living in 1,563 households.

There are 1,715 renters living in 671 renter households in this City. Renters make up 51.01 percent of the population living in Bunkie.

What is the rental market like in Bunkie, Louisiana?

There are an estimated 1,956 housing units in the Bunkie area. Of these, 821 units are rental homes, making up 42 percent of the housing market. For every renter household in Bunkie, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Bunkie?

The rental vacancy rate in Bunkie is 18 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 Bunkie for each bedroom size?

Occupied Rental Units by Size in Bunkie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 44 302 325 0
Occupied Rental Units by Size in Bunkie

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

Among renter households in this market, 71 percent have housing cost burden. Further, 49 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 Bunkie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,241. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $641
One BR $651
Two BR $856
Three BR $1,095
Four BR $1,241
2024 Fair Market Rents in Bunkie, Louisiana

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

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 44 100 percent
Two BR 163 54 percent
Rental Units Below FMR in Bunkie, Louisiana

How many affordable rental units are in Bunkie?

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

Federal Program Unit Count
Low Income Housing Tax Credit 88
Public Housing 70
Section 8 Project-Based Rental Assistance 48
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Bunkie, Louisiana

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

Income Based Apartments in Bunkie, Louisiana

Bunkie features 154 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 Bunkie, Louisiana

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bunkie.

Housing Choice Vouchers in Bunkie, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bunkie, Louisiana for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.