Apply to Little Rock Apartment Waiting Lists
- Cumberland Towers, Parris Towers and Powell Towers Section 8 Project-Based Voucher is open.
- Sunset Terrace, Scattered Sites Project-Based is open.
- Homes at Granite Mountain Project-Based is open.
- Granite Mountain Senior is open.
- Madison Heights I and Madison Heights II Project-Based is open.
- Central and NSP II Project-Based is open.
- Stevens Project-Based is open.
There are 3,759 low-income apartments in Little Rock that offer reduced rents to eligible households. Low-income rents in Little Rock, Arkansas can range from $449 to $1,265 depending on the number of bedrooms.
Rental assistance programs support 2,494 low-income homes in Little Rock where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $372 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 Little Rock, 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 |
|---|---|
| Metropolitan Housing Alliance | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Pulaski County Housing Agency | Section 8 Housing Choice Voucher (HCV) |
Little Rock, Arkansas Affordable Housing Data
Income Based Apartments in Little Rock, Arkansas
Little Rock features 2,494 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 Little Rock, Arkansas
There are 3,759 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Little Rock.
Housing Choice Vouchers in Little Rock, Arkansas
On average, Section 8 Housing Choice vouchers pay Little Rock landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Little Rock.
The maximum amount a voucher would pay on behalf of a low-income tenant in Little Rock, Arkansas for a two-bedroom apartment is between $980 and $1,198.
2024 Little Rock, 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 | |
|---|---|---|---|---|---|
| Little Rock, Arkansas Fair Market Rent | $944 | $950 | $1,089 | $1,454 | $1,717 |
| Little Rock, 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.
Little Rock, AR Affordable Housing Snapshot
| Total Affordable Apartment Properties | 229 |
|---|---|
| Total Low Income Apartments | 6,535 |
| Total Housing Units with Rental Assistance | 2,494 |
| Percentage of Housing Units Occupied By Renters | 42.91% |
| Average Renter Household Size | 2.25 |
| Average Household Size | 2.42 |
| Median Household Income | $46,085 ±$1,565 |
| Median Rent | $784 ±$11 |
| Percentage Of Renters Overburdened | 45.83% ± 2.35pp |
| Total Population | 196,943 |
Population and Household Demographics
Little Rock is a city in Pulaski County, Arkansas with a population of 196,943. There are 79,902 households in the city with an average household size of 2.42 persons. 42.91% of households in Little Rock are renters.
Income and Rent Overburden in Little Rock
The median gross income for households in Little Rock is $46,085 a year, or $3,840 a month. The median rent for the city is $784 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Little Rock, a household making less than $2,613 a month would be considered overburdened when renting an apartment at or above the median rent. 45.83% of households who rent are overburdened in Little Rock.
Area Median Income In Little Rock
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 Little Rock, the AMI is calculated from all households within Pulaski County.
In Little Rock, 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 Little Rock
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 Little Rock
| 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 Little Rock 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 Little Rock 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 Little Rock 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 |
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