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Discover affordable housing in Paragould where there are 11+ 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.
219 Bogil Rd, Paragould, Arkansas 72450
bed1-2
612 CANAL ST, Paragould, Arkansas 72450
715 Kennedy St, Paragould, Arkansas 72450
722 W Kingshighway, Paragould, Arkansas 72450
1125 S 8th Ave, Paragould, Arkansas 72450
3814 Reynolds Park Rd, Paragould, Arkansas 72450
4303 Hwy 412 East, Paragould, Arkansas
1701 Ridgewood Circle, Paragould, Arkansas
4081 Greene 905, Paragould, Arkansas
4327 Hwy 412 East, Paragould, Arkansas
2 Pecan Grv, Paragould, Arkansas 72450
How To Identify Affordable Housing in Paragould, 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.
| Badge | Description |
|---|---|
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. |
calendar_todayOpened: Aug 25,2023
Open Until Further Notice
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Reported On February 23rd, 2024 byLorena Bentley
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InParagould, Arkansas
$16.25/hour
(+48%) more thanArkansas minimum wage and
$9.00(+124%) more than the Federal minimum wage.
Learn More About Paragould, Arkansas AffordableHousing ↓
What HUD offices serve Paragould, 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.
Paragould Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Paragould, Arkansas.
Greene County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV) programs for Paragould, Arkansas.
Go to theArkansasPublic Housing and Low-Income Apartments Waiting Lists page for openings near Paragould.
How many renters live in Paragould, Arkansas?
The City of Paragould haspeople living in households.
There are renters living inrenter households in thisCity. Renters make up 43.2percent of the population living in Paragould.
What is the rental market like in Paragould, Arkansas?
There are an estimated housing units in theParagould area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Paragould, Arkansas, there are1.05 rental units.
What is the vacancy rate for rentals in Paragould?
The rental vacancy rate in Paragould is 4 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 Paragould for each bedroom size?
Occupied Rental Units by Size in Paragould
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 20 508 2,418 1,742 267 Occupied Rental Units by Size in Paragould
A large number of apartments in Paragould have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How Much Is Rent in Paragould
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $636 to $1,214. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $636 One BR $737 Two BR $858 Three BR $1,209 Four BR $1,214 2024 Fair Market Rents in Paragould, Arkansas
How many units are rented at Fair Market Rent (FMR) in Paragould?
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 Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 12 60 percent One BR 375 74 percent Two BR 1,453 60 percent Rental Units Below FMR in Paragould, Arkansas
How many affordable rental units are in Paragould?
There are a variety of federal affordable housing programs serving households inParagould, Arkansas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Paragould, Arkansas
Income Based Apartments in Paragould, Arkansas
Paragould features 363 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Paragould, Arkansas
There are 56 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Paragould.
Housing Choice Vouchers in Paragould, Arkansas
On average, Section 8 Housing Choice vouchers pay Paragould landlords$600 per month towards rent. The average voucher holdercontributes $300 towards rent inParagould.
The maximum amount a voucher would pay on behalf of a low-income tenant in Paragould, Arkansas fora two-bedroom apartment is between $772 and $944.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.
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