Low Income Apartments and Affordable Housing For Rent in Dry Prong, LA

Discover affordable housing in Dry Prong 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.

Dry Prong Apartments

Hwy 167, Dry Prong, Louisiana 71423

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Dry Prong, Louisiana
$18.84/hour
$11.59 (+160%) more than Louisiana minimum wage and $11.59 (+160%) more than the Federal minimum wage.
Learn More About Dry Prong, Louisiana Affordable Housing ↓

What HUD offices serve Dry Prong, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Dry Prong, Louisiana.

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

How many renters live in Dry Prong, Louisiana?

The City of Dry Prong has 428 people living in 158 households.

There are 54 renters living in 17 renter households in this City. Renters make up 12.62 percent of the population living in Dry Prong.

What is the rental market like in Dry Prong, Louisiana?

There are an estimated 171 housing units in the Dry Prong area. Of these, 17 units are rental homes, making up 10 percent of the housing market. For every renter household in Dry Prong, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Dry Prong?

The rental vacancy rate in Dry Prong 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 Dry Prong for each bedroom size?

Occupied Rental Units by Size in Dry Prong
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 0 17 0
Occupied Rental Units by Size in Dry Prong

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

Among renter households in this market, 12 percent have housing cost burden. Further, 0 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 Dry Prong

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,489. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $757
Two BR $995
Three BR $1,343
Four BR $1,489
2024 Fair Market Rents in Dry Prong, Louisiana

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

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
Rental Units Below FMR in Dry Prong, Louisiana

How many affordable rental units are in Dry Prong?

Income Based Apartments in Dry Prong, Louisiana

Dry Prong features 8 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 Dry Prong, Louisiana

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

Housing Choice Vouchers in Dry Prong, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dry Prong, Louisiana for a two-bedroom apartment is between $896 and $1,095.

Sourced from federal housing data and AffordableHousingOnline.com research.