Low Income Apartments For Rent in Benton, AR

Rental assistance programs support 154 low-income homes in Benton where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $328 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Benton, Arkansas

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.

Housing Authority	Programs
Benton Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Benton, Arkansas Affordable Housing Data

Income Based Apartments in Benton, Arkansas

Benton 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 Benton, Arkansas

There are 195 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Benton.

Housing Choice Vouchers in Benton, Arkansas

On average, Section 8 Housing Choice vouchers pay Benton landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Benton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Benton, Arkansas for a two-bedroom apartment is between $980 and $1,198.

2024 Benton, Arkansas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
Benton, Arkansas Fair Market Rent	$944	$950	$1,089	$1,454	$1,717
Benton, Arkansas Payment Standard Range	$850 to $1,038	$855 to $1,045	$980 to $1,198	$1,309 to $1,599	$1,545 to $1,889

Sourced from federal housing data and AffordableHousingOnline.com research.

Benton, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 12

Total Low Income Apartments 354

Total Housing Units with Rental Assistance 154

Percentage of Housing Units Occupied By Renters 31.88%

Average Renter Household Size 2.66

Average Household Size 2.70

Median Household Income $51,778 ±$3,503

Median Rent $746 ±$58

Percentage Of Renters Overburdened 36.33% ± 6.79pp

Total Population 32,725

Total Affordable Apartment Properties	12
Total Low Income Apartments	354
Total Housing Units with Rental Assistance	154
Percentage of Housing Units Occupied By Renters	31.88%
Average Renter Household Size	2.66
Average Household Size	2.70
Median Household Income	$51,778 ±$3,503
Median Rent	$746 ±$58
Percentage Of Renters Overburdened	36.33% ± 6.79pp
Total Population	32,725

Population and Household Demographics

Benton is a city in Saline County, Arkansas with a population of 32,725. There are 11,923 households in the city with an average household size of 2.70 persons. 31.88% of households in Benton are renters.

Income and Rent Overburden in Benton

The median gross income for households in Benton is $51,778 a year, or $4,315 a month. The median rent for the city is $746 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Benton, a household making less than $2,487 a month would be considered overburdened when renting an apartment at or above the median rent. 36.33% of households who rent are overburdened in Benton.

Area Median Income In Benton

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Benton, the AMI is calculated from all households within Saline County.

In Benton, HUD calculates the Area Median Income for a family of four as $83,000

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 Benton

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 Benton

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the Benton AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,450	$19,950	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Benton AMI may qualify for rental assistance programs that target Very Low Income households.	$29,050	$33,200	$37,350	$41,500	$44,850	$48,150	$51,500	$54,800
80% AMI Income Limits Renters earning up to 80% of the Benton AMI may qualify for rental assistance programs that target Low Income households.	$46,500	$53,150	$59,800	$66,400	$71,750	$77,050	$82,350	$87,650