; Low Income Apartments For Rent in Mena, AR

Apply to Mena Apartment Waiting Lists

Avants Group Home

210 Bullion Ave E
Mena, Arkansas
Subsidized
Senior
S. 202

Oaks Assisted Living

1341 S Mena St
Mena, Arkansas
Rent Assisted
LIHTC
Showing Results 1-15
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There are 30 low-income apartments in Mena that offer reduced rents to eligible households.

Rental assistance programs support 10 low-income homes in Mena where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-5 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Mena, 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
Polk County 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 Mena.

Mena, Arkansas Affordable Housing Data

Income Based Apartments in Mena, Arkansas

Mena features 10 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 Mena, Arkansas

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mena.

Housing Choice Vouchers in Mena, Arkansas

On average, Section 8 Housing Choice vouchers pay Mena landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mena.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mena, Arkansas for a two-bedroom apartment is between $775 and $947.

2024 Mena, 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
Mena, Arkansas Fair Market Rent $584 $662 $861 $1,041 $1,152
Mena, Arkansas Payment Standard Range $526 to $642 $596 to $728 $775 to $947 $937 to $1,145 $1,037 to $1,267

Sourced from federal housing data and AffordableHousingOnline.com research.

Mena, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 10
Percentage of Housing Units Occupied By Renters 27.7%
Average Renter Household Size 1.75
Average Household Size 2.24
Median Household Income $28,509 ±$5,287
Median Rent $443 ±$71
Percentage Of Renters Overburdened 42.36% ± 14.44pp
Total Population 5,692

Population and Household Demographics

Mena is a city in Polk County, Arkansas with a population of 5,692. There are 2,480 households in the city with an average household size of 2.24 persons. 27.7% of households in Mena are renters.

Income and Rent Overburden in Mena

The median gross income for households in Mena is $28,509 a year, or $2,376 a month. The median rent for the city is $443 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mena, a household making less than $1,477 a month would be considered overburdened when renting an apartment at or above the median rent. 42.36% of households who rent are overburdened in Mena.

Area Median Income In Mena

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 Mena, the AMI is calculated from all households within Polk County.

In Mena, HUD calculates the Area Median Income for a family of four as $59,900

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 Mena

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 Mena

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 Mena 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 Mena 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 Mena 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