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

Discover affordable housing in Stonewall 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.

615 Adalynn Pvt Ln

615 Adalynn Pvt Ln, Stonewall, Louisiana 71078

bed 3
payment $1300/mo.

Stonewall Retirement Village

899 Highway 171, Stonewall, Louisiana 71078

switch_access_shortcut Short Wait
accessibility Accessible

Stonewall Retirement Village

Us Hwy 17, Stonewall, Louisiana 70178

How To Identify Affordable Housing in Stonewall, Louisiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stonewall, Louisiana
$20.32/hour
$13.07 (+180%) more than Louisiana minimum wage and $13.07 (+180%) more than the Federal minimum wage.
Learn More About Stonewall, Louisiana Affordable Housing ↓

How many renters live in Stonewall, Louisiana?

The City of Stonewall has people living in households.

There are renters living in renter households in this City. Renters make up 13.92 percent of the population living in Stonewall.

What is the rental market like in Stonewall, Louisiana?

There are an estimated housing units in the Stonewall area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Stonewall, Louisiana, there are 1.14 rental units.

What is the vacancy rate for rentals in Stonewall?

The rental vacancy rate in Stonewall is 13 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 Stonewall for each bedroom size?

Occupied Rental Units by Size in Stonewall
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 8 49 53 17
Occupied Rental Units by Size in Stonewall

A large number of apartments in Stonewall have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Stonewall

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $779 to $1,486. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $779
One BR $927
Two BR $1,073
Three BR $1,358
Four BR $1,486
2024 Fair Market Rents in Stonewall, Louisiana

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

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 5 100 percent
One BR 8 100 percent
Two BR 29 59 percent
Rental Units Below FMR in Stonewall, Louisiana

How many affordable rental units are in Stonewall?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Stonewall, Louisiana

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

Income Based Apartments in Stonewall, Louisiana

Stonewall features 0 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 Stonewall, Louisiana

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stonewall.

Housing Choice Vouchers in Stonewall, Louisiana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Stonewall, Louisiana for a two-bedroom apartment is between $966 and $1,180.

Sourced from federal housing data and AffordableHousingOnline.com research.

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