Affordable Housing In Ouachita Parish
67 Low Income Apartment Communities In Ouachita Parish
Housing Authorities that serve Ouachita Parish
|Ouachita Parish Police Jury||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Ouachita Parish
|Monroe Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|West Monroe Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Ouachita Parish, Louisiana
There are 67 low income housing apartment communities offering 4,539 affordable apartments for rent in Ouachita Parish, Louisiana.
Income Based Apartments in Ouachita Parish, Louisiana
Ouachita Parish features 2,599 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 Ouachita Parish, Louisiana
There are 1,839 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ouachita Parish.
Housing Choice Vouchers in Ouachita Parish, Louisiana
On average, Section 8 Housing Choice vouchers pay Ouachita Parish landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Ouachita Parish.
Sourced from federal housing data and AffordableHousingOnline.com research.
Ouachita Parish, LA Affordable Housing Snapshot
|Total Affordable Apartment Properties||67|
|Total Low Income Apartments||4,539|
|Total Housing Units with Rental Assistance||2,599|
|Percentage of Housing Units Occupied By Renters||40.32%|
|Average Renter Household Size||2.57|
|Average Household Size||2.55|
|Median Household Income||$37,754 ±$1,680|
|Median Rent||$689 ±$15|
|Percentage Of Renters Overburdened||47.49% ± 2.68pp|
Population and Household Demographics
Ouachita Parish is a County in Louisiana with a population of 155,769. There are 57,690 households in the county with an average household size of 2.55 persons. 40.32% of households in Ouachita Parish are renters.
Income and Rent Overburden in Ouachita Parish
The median gross income for households in Ouachita Parish is $37,754 a year, or $3,146 a month. The median rent for the county is $689 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ouachita Parish, a household making less than $2,297 a month would be considered overburdened when renting an apartment at or above the median rent. 47.49% of households who rent are overburdened in Ouachita Parish.1
Area Median Income In Ouachita Parish
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 Ouachita Parish, HUD calculates the Area Median Income for a family of four as $51,200
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 Ouachita Parish
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 Ouachita Parish
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,490||$16,910||$21,330||$25,600||$27,650||$29,700||$31,750||$33,800|
|50% of Median||$17,950||$20,500||$23,050||$25,600||$27,650||$29,700||$31,750||$33,800|
|80% of Median||$28,700||$32,800||$36,900||$40,950||$44,250||$47,550||$50,800||$54,100|
Cities In Ouachita Parish
Select A City to View its Apartment Communities and Waiting Lists.
|Monroe||49||The HUD funded Public Housing Agencies that serve Monroe are the Monroe Housing Authority and Ouachita Parish Police Jury.|
|West Monroe||11||The HUD funded Public Housing Agencies that serve West Monroe are the Ouachita Parish Police Jury and West Monroe Housing Authority.|
|Richwood||2||The HUD funded Public Housing Agency that serves Richwood is the Ouachita Parish Police Jury.|
|Sterlington||4||The HUD funded Public Housing Agency that serves Sterlington is the Ouachita Parish Police Jury.|
|Claiborne||0||The HUD funded Public Housing Agency that serves Claiborne is the Ouachita Parish Police Jury.|
|Calhoun||1||The HUD funded Public Housing Agency that serves Calhoun is the Ouachita Parish Police Jury.|