; Low Income Apartments For Rent in Tillar, AR

Apply to Tillar Apartment Waiting Lists

Reed Terrace

205 Smith Dr
Tillar, Arkansas
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Tillar that offer reduced rents to eligible households.

Rental assistance programs support 12 low-income homes in Tillar where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 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 Tillar, 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
Desha Co. Residential Housing Fac Board Section 8 Housing Choice Voucher (HCV)
McGehee 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 Tillar.

Tillar, Arkansas Affordable Housing Data

Income Based Apartments in Tillar, Arkansas

Tillar features 12 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 Tillar, Arkansas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tillar.

Housing Choice Vouchers in Tillar, Arkansas

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

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

2024 Tillar, 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
Tillar, Arkansas Fair Market Rent $630 $634 $814 $1,121 $1,381
Tillar, Arkansas Payment Standard Range $567 to $693 $571 to $697 $733 to $895 $1,009 to $1,233 $1,243 to $1,519

Sourced from federal housing data and AffordableHousingOnline.com research.

Tillar, AR Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 12
Total Housing Units with Rental Assistance 12
Percentage of Housing Units Occupied By Renters 25%
Average Renter Household Size 4.24
Average Household Size 2.95
Median Household Income $51,000 ±$24,164
Median Rent $860 ±$75
Percentage Of Renters Overburdened 47.62% ± 61.23pp
Total Population 248

Population and Household Demographics

Tillar is a city in Desha County, Arkansas with a population of 248. There are 84 households in the city with an average household size of 2.95 persons. 25% of households in Tillar are renters.

Income and Rent Overburden in Tillar

The median gross income for households in Tillar is $51,000 a year, or $4,250 a month. The median rent for the city is $860 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tillar, a household making less than $2,867 a month would be considered overburdened when renting an apartment at or above the median rent. 47.62% of households who rent are overburdened in Tillar.

Area Median Income In Tillar

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 Tillar, the AMI is calculated from all households within Desha County.

In Tillar, HUD calculates the Area Median Income for a family of four as $50,800

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 Tillar

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 Tillar

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 Tillar 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 Tillar 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 Tillar 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