BROOKSTONE PARK OF EL DORADO
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There are 149 low-income apartments in Union County that offer reduced rents to eligible households. Low-income rents in Union County, Arkansas can range from $540 to $740 depending on the number of bedrooms.
Rental assistance programs support 216 low-income homes in Union County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $280 towards rent each month.
Affordable rent data for some communities last confirmed on July 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Union 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 |
|---|---|
| Union County Public Housing Agency (AAA) | Section 8 Housing Choice Voucher (HCV) |
Union County, Arkansas Affordable Housing Data
Income Based Apartments in Union County, Arkansas
Union County features 216 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 Union County, Arkansas
There are 149 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Union County.
Housing Choice Vouchers in Union County, Arkansas
On average, Section 8 Housing Choice vouchers pay Union County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Union County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Union County, Arkansas for a two-bedroom apartment is between $778 and $950.
2024 Union 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 | |
|---|---|---|---|---|---|
| Union County, Arkansas Fair Market Rent | $692 | $696 | $864 | $1,158 | $1,219 |
| Union County, Arkansas Payment Standard Range | $623 to $761 | $626 to $766 | $778 to $950 | $1,042 to $1,274 | $1,097 to $1,341 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Union County, AR Affordable Housing Snapshot
| Total Affordable Apartment Properties | 10 |
|---|---|
| Total Low Income Apartments | 366 |
| Total Housing Units with Rental Assistance | 216 |
| Percentage of Housing Units Occupied By Renters | 29.1% |
| Average Renter Household Size | 2.44 |
| Average Household Size | 2.43 |
| Median Household Income | $38,678 ±$2,741 |
| Median Rent | $633 ±$26 |
| Percentage Of Renters Overburdened | 37.49% ± 5.99pp |
| Total Population | 40,633 |
Population and Household Demographics
Union County is a county in Arkansas with a population of 40,633. There are 16,536 households in the county with an average household size of 2.43 persons. 29.1% of households in Union County are renters.
Income and Rent Overburden in Union County
The median gross income for households in Union County is $38,678 a year, or $3,223 a month. The median rent for the county is $633 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Union County, a household making less than $2,110 a month would be considered overburdened when renting an apartment at or above the median rent. 37.49% of households who rent are overburdened in Union County.
Area Median Income In Union 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 Union County, HUD calculates the Area Median Income for a family of four as $68,900
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 Union 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 Union 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 Union County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$14,580 | $19,720 | $24,860 | $30,000 | $35,140 | $38,300 | $40,950 | $43,600 |
| 50% AMI Income Limits Renters earning up to 50% of the Union County AMI may qualify for rental assistance programs that target Very Low Income households. |
$23,100 | $26,400 | $29,700 | $33,000 | $35,650 | $38,300 | $40,950 | $43,600 |
| 80% AMI Income Limits Renters earning up to 80% of the Union County AMI may qualify for rental assistance programs that target Low Income households. |
$37,000 | $42,250 | $47,550 | $52,800 | $57,050 | $61,250 | $65,500 | $69,700 |
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