Low Income Apartments and Affordable Housing For Rent in Ouachita Parish, LA

Discover affordable housing in Ouachita Parish where there are 68+ 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.

Byers Estates I-IV

2501 Wildflower Street, Monroe, Louisiana 71201

Boeuf River

101 Preston Loop, Monroe, Louisiana 71202

Kingswood Villa Apartments

5500 Highland Rd, Richwood, Louisiana 71202

Frances Towers

300 Harrison St, Monroe, Louisiana 71201

Mckeen Plaza

1500 McKeen Pl, Monroe, Louisiana 71201

Johnson Carver Terrace

6 Roy Dr, Monroe, Louisiana 71202

Breece-Lock

13 Breece Cir, Monroe, Louisiana 71202

Foster Heights

1912 Ruth St, Monroe, Louisiana 71201

Burg Jones

709 Beverly St, Monroe, Louisiana 71202

Southern Pines

101 Preston Loop, Monroe, Louisiana 71202

Parish Square

5405 Blanks St, Monroe, Louisiana 71203

Robert Place Apartments

1850 Garrett Rd, Monroe, Louisiana 71202

Garrett Road Apartments

1800 Garrett Rd, Monroe, Louisiana 71202

Oak Manor Apartments

2000 Peach Street, Monroe, Louisiana 71202

Ouachita Grand Plaza

501 S Grand St , Monroe, Louisiana 71201

Pine Hollow Apartments

107 Norris Ln, West Monroe, Louisiana 71291

Passman Plaza

230 Desiard Plaza Dr, Monroe, Louisiana 71203

Hidden Hills

101 Vineyard Court, Monroe, Louisiana 71202

Mike III Apartments

910 W Olive St, West Monroe, Louisiana 71292

Pleasant Trinity

100 Tillman Drive, Monroe, Louisiana 71202

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ouachita Parish, 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 Ouachita Parish, Louisiana Affordable Housing ↓

What HUD offices serve Ouachita Parish, 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) programs for Ouachita Parish, Louisiana.

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

How many renters live in Ouachita Parish, Louisiana?

The County of Ouachita Parish has 157,702 people living in 63,192 households.

There are 61,017 renters living in 26,714 renter households in this County. Renters make up 38.69 percent of the population living in Ouachita Parish.

What is the rental market like in Ouachita Parish, Louisiana?

There are an estimated 70,178 housing units in the Ouachita Parish area. Of these, 27,343 units are rental homes, making up 39 percent of the housing market. For every renter household in Ouachita Parish, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in Ouachita Parish?

The rental vacancy rate in Ouachita Parish is 11 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 Ouachita Parish for each bedroom size?

Occupied Rental Units by Size in Ouachita Parish
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
654 4,268 8,707 8,806 1,585
Occupied Rental Units by Size in Ouachita Parish

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

Among renter households in this market, 51 percent have housing cost burden. Further, 34 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 Ouachita Parish

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $753 to $1,325. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $753
One BR $757
Two BR $995
Three BR $1,245
Four BR $1,325
2024 Fair Market Rents in Ouachita Parish, Louisiana

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

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
Studio 378 58 percent
One BR 2,484 58 percent
Two BR 5,773 66 percent
Rental Units Below FMR in Ouachita Parish, Louisiana

How many affordable rental units are in Ouachita Parish?

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

Federal Program Unit Count
Low Income Housing Tax Credit 835
Public Housing 1,488
Section 8 Project-Based Rental Assistance 919
Section 202 Supportive Housing for the Elderly 222
Section 811 Supportive Housing for Persons with Disabilities 45
USDA Section 515 Rural Rental Housing 414
Tracked Units by Federal Program in Ouachita Parish, Louisiana

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

Income Based Apartments in Ouachita Parish, Louisiana

Ouachita Parish features 2,659 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 1,533 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.

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

Sourced from federal housing data and AffordableHousingOnline.com research.