; Low Income Apartments For Rent in Fulton County, AR

Apply to Fulton County Apartment Waiting Lists

Salem

204 Circle Dr
Salem, Arkansas
Subsidized
Public Housing

Spring Woods ( Fka Hardy Senior Citizens )

100 Springwood Ter
Hardy, Arkansas
Rent Assisted
LIHTC

Horse Bend Apartments

905 Fourth St
Horseshoe Bend, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Showing Results 16-18

There are 77 low-income apartments in Fulton County that offer reduced rents to eligible households.

Rental assistance programs support 324 low-income homes in Fulton County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $261 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.

Public Housing Agencies Serving Fulton County, 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
White River Regional 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 Fulton County.

Fulton County, Arkansas Affordable Housing Data

Income Based Apartments in Fulton County, Arkansas

Fulton County features 324 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 Fulton County, Arkansas

There are 77 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fulton County.

Housing Choice Vouchers in Fulton County, Arkansas

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

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

2024 Fulton 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
Fulton County, Arkansas Fair Market Rent $552 $620 $814 $1,126 $1,244
Fulton County, Arkansas Payment Standard Range $497 to $607 $558 to $682 $733 to $895 $1,013 to $1,239 $1,120 to $1,368

Sourced from federal housing data and AffordableHousingOnline.com research.

Fulton County, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 403
Total Housing Units with Rental Assistance 324
Percentage of Housing Units Occupied By Renters 24.23%
Average Renter Household Size 2.38
Average Household Size 2.27
Median Household Income $37,066 ±$4,108
Median Rent $508 ±$63
Percentage Of Renters Overburdened 38.01% ± 8.3pp
Total Population 12,224

Population and Household Demographics

Fulton County is a county in Arkansas with a population of 12,224. There are 5,300 households in the county with an average household size of 2.27 persons. 24.23% of households in Fulton County are renters.

Income and Rent Overburden in Fulton County

The median gross income for households in Fulton County is $37,066 a year, or $3,089 a month. The median rent for the county is $508 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fulton County, a household making less than $1,693 a month would be considered overburdened when renting an apartment at or above the median rent. 38.01% of households who rent are overburdened in Fulton County.

Area Median Income In Fulton 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 Fulton County, HUD calculates the Area Median Income for a family of four as $53,500

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 Fulton 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 Fulton 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 Fulton 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 Fulton 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 Fulton 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