Low Income Apartments and Affordable Housing For Rent in Fayetteville, AR (2024)

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Discover affordable housing in Fayetteville where there are 62+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Nantucket Apartments

663 E Chesapeake Way, Fayetteville, Arkansas 72701

bed1-2

switch_access_shortcutShort Wait

accessibilityAccessible

Grandview

401 W. 24Thstreet, Fayetteville, Arkansas 72701

switch_access_shortcutShort Wait

paymentSubsidized

accessibilityAccessible

Hillcrest Towers

1 N School Ave, Fayetteville, Arkansas 72701

bedStudio

paymentSubsidized

MORGAN MANOR (RAD)

302 E 12TH ST, Fayetteville, Arkansas 72701

bed1-4

paymentSubsidized

Park Lake Apartments

1753 E Zion Rd, Fayetteville, Arkansas 72703

paymentSubsidized

Leverett Gardens II

2071 N Chestnut Ave, Fayetteville, Arkansas 72703

paymentSubsidized

Washington Plaza Apartments

1655 N Lewis Ave, Fayetteville, Arkansas 72703

paymentSubsidized

Watson Street Apartments

215 W Watson St, Fayetteville, Arkansas 72701

Southmont Apartments

1101 S Curtis Ave, Fayetteville, Arkansas 72701

paymentSubsidized

Wedington Place Senior Apartments

3130 W Telluride Dr, Fayetteville, Arkansas 72704

bed1-2

payment$525-625/mo.

switch_access_shortcutShort Wait

accessibilityAccessible

324 W Village Lake Dr, Fayetteville, Arkansas 72703

bed1-2

payment$495/mo.

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

accessibilityAccessible

1738 N Chestnut Ave

1738 N Chestnut Ave, Fayetteville, Arkansas 72703

bed3

payment$1495/mo.

1474 Timberline Dr

1474 Timberline Dr, Fayetteville, Arkansas 72704

bed3

payment$1450/mo.

31 S Woodsprings Dr

31 S Woodsprings Dr, Fayetteville, Arkansas 72701

bed3

payment$1550/mo.

4422-4424 Acoma St

4422-4424 Acoma St, Fayetteville, Arkansas 72704

bed2

payment$1095/mo.

000 Junction St

000 Junction St, Fayetteville, Arkansas 72701

bed3

payment$1350/mo.

1045 Happy Hollow Rd Unit #8

1045 Happy Hollow Rd Unit #8, Fayetteville, Arkansas 72701

bed2

payment$945/mo.

1209 Oakland Ave

1209 Oakland Ave, Fayetteville, Arkansas 72703

bed1

payment$850/mo.

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

real_estate_agentNaturally Affordable

609 Adams St

609 Adams St, Fayetteville, Arkansas 72703

bed3

payment$1350/mo.

1469 Timbercrest Ave

1469 Timbercrest Ave, Fayetteville, Arkansas 72704

bed3

payment$1495/mo.

How To Identify Affordable Housing in Fayetteville, Arkansas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

real_estate_agentNaturally Affordable

Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InFayetteville, Arkansas

$21.23/hour

$10.23

(+93%) more thanArkansas minimum wage and

$13.98

(+193%) more than the Federal minimum wage.

Learn More About Fayetteville, Arkansas AffordableHousing ↓

What HUD offices serve Fayetteville, Arkansas?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Fayetteville Housing Authority

Operates the Public Housing, Moving to Work programs for Fayetteville, Arkansas.

Fayetteville Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV) programs for Fayetteville, Arkansas.

Go to theArkansasPublic Housing and Low-Income Apartments Waiting Lists page for openings near Fayetteville.

How many renters live in Fayetteville, Arkansas?

The City of Fayetteville haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 52.63percent of the population living in Fayetteville.

What is the rental market like in Fayetteville, Arkansas?

There are an estimated housing units in theFayetteville area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Fayetteville, Arkansas, there are1.02 rental units.

What is the vacancy rate for rentals in Fayetteville?

The rental vacancy rate in Fayetteville is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Fayetteville for each bedroom size?

Occupied Rental Units by Size in Fayetteville
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1,5346,3349,4105,1922,244

Occupied Rental Units by Size in Fayetteville

A large number of apartments in Fayetteville have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Fayetteville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $871 to $1,847. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$871
One BR$924
Two BR$1,121
Three BR$1,580
Four BR$1,847

2024 Fair Market Rents in Fayetteville, Arkansas

How many units are rented at Fair Market Rent (FMR) in Fayetteville?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,18577 percent
One BR4,18966 percent
Two BR6,54870 percent

Rental Units Below FMR in Fayetteville, Arkansas

How many affordable rental units are in Fayetteville?

There are a variety of federal affordable housing programs serving households inFayetteville, Arkansas including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Fayetteville, Arkansas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Fayetteville, Arkansas

Fayetteville features 731 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Fayetteville, Arkansas

There are 1,239 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Fayetteville.

Housing Choice Vouchers in Fayetteville, Arkansas

On average, Section 8 Housing Choice vouchers pay Fayetteville landlords$400 per month towards rent. The average voucher holdercontributes $300 towards rent inFayetteville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fayetteville, Arkansas fora two-bedroom apartment is between $1,009 and $1,233.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

More people usually means more waiting lists.

Areas with the highest populations tend to have the most amount of waiting list opportunities.

What Renters Say About Us

Izzie Tiffany says:

"Affordable Housing Online is an excellent resource. Thank you for your service."

Low Income Apartments and Affordable Housing For Rent in Fayetteville, AR (2024)

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