; Low Income Apartments For Rent in Columbia County, AR

St Charles Apartments

601 Ruth
Magnolia, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Appleridge Apartments

307 S Hope St
Waldo, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Pine Valley Apartments

100 Sherwood Dr
Magnolia, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

803 N Clay St Unit 7

803 N Clay St
Magnolia, Arkansas
$625
2 BR

Ridge at Magnolia

1640 E Main St
Magnolia, Arkansas
Rent Assisted
LIHTC

Woodland Hills Apartments

200 Columbia Road 120
Mcneil, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Ralph Weiser Independent Living Center

1320 E North St
Magnolia, Arkansas
Subsidized
Senior
S. 202

Jay Johnston Group Living Center

816 W Main St
Magnolia, Arkansas
Subsidized
Senior
S. 202
BMIR

Westwood Village

1032 Mullins
Magnolia, Arkansas
Subsidized
PBRA
BMIR

Pine Valley

205 S Verda
Magnolia, Arkansas
Subsidized
Public Housing

Magnolia Apt

1300 West University
Magnolia, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

3 Unit

302 N Center St
Waldo, Arkansas
Rent Assisted
LIHTC
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There are 67 low-income apartments in Columbia County that offer reduced rents to eligible households.

Rental assistance programs support 447 low-income homes in Columbia County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $294 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Columbia County, Arkansas Affordable Housing Data

Income Based Apartments in Columbia County, Arkansas

Columbia County features 447 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 Columbia County, Arkansas

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia County.

Housing Choice Vouchers in Columbia County, Arkansas

On average, Section 8 Housing Choice vouchers pay Columbia County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Columbia County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia County, Arkansas for a two-bedroom apartment is between $733 and $895.

2024 Columbia County, 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
Columbia County, Arkansas Fair Market Rent $615 $620 $814 $1,080 $1,084
Columbia County, Arkansas Payment Standard Range $554 to $677 $558 to $682 $733 to $895 $972 to $1,188 $976 to $1,192

Sourced from federal housing data and AffordableHousingOnline.com research.

Columbia County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 515
Total Housing Units with Rental Assistance 447
Percentage of Housing Units Occupied By Renters 31.81%
Average Renter Household Size 2.24
Average Household Size 2.37
Median Household Income $36,619 ±$3,136
Median Rent $599 ±$53
Percentage Of Renters Overburdened 38.58% ± 7.24pp
Total Population 24,327

Population and Household Demographics

Columbia County is a county in Arkansas with a population of 24,327. There are 9,597 households in the county with an average household size of 2.37 persons. 31.81% of households in Columbia County are renters.

Income and Rent Overburden in Columbia County

The median gross income for households in Columbia County is $36,619 a year, or $3,052 a month. The median rent for the county is $599 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Columbia County, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 38.58% of households who rent are overburdened in Columbia County.

Area Median Income In Columbia County

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 Columbia County, HUD calculates the Area Median Income for a family of four as $61,900

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 Columbia County

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 Columbia County

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 Columbia County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,250 $36,800 $39,350 $41,850
50% AMI Income Limits
Renters earning up to 50% of the Columbia County AMI may qualify for rental assistance programs that target Very Low Income households.
$22,200 $25,400 $28,550 $31,700 $34,250 $36,800 $39,350 $41,850
80% AMI Income Limits
Renters earning up to 80% of the Columbia County AMI may qualify for rental assistance programs that target Low Income households.
$35,500 $40,600 $45,650 $50,700 $54,800 $58,850 $62,900 $66,950