Builders Patch | HousingCount Benton County affordable housing data.

Benton County

Summary

31.7% share of renter households
49.2% share of low-income households
42.7% share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 23,540
Homeowner households 50,750
Total households 74,290

Low-income renter households

Renters by income group Households % share
Extremely low-income ≤30% AMI 2,818
Very low-income 31-50% AMI 2,832
Low-income 51-80% AMI 5,937
All low-income households <80% AMI 11,587

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 5,748 24.4%
30.0–34.9% 2,239 9.5%
35.0–39.9% 1,277 5.4%
40.0-49.9% 2,232 9.5%
Severely rent-burdened 4,309 18.3%
≥50.0% 4,309 18.3%
All rent-burdened households 10,057 42.7%

Affordable housing shortage

Rent vs median household income

Median household income Amount ($)
in 2010 30,870
in 2021 46,611
Increase (2010–2021) 51.0%

Median rent

Median rent Amount ($)
in 2010 622
in 2021 940
Increase (2010–2021) 51.1%

Affordable housing stock

Supply, demand & shortage Units
Supply (current stock) 8,272
Demand (total units needed) 5,351
Shortage -311
total shortage -311
supply/demand ratio 154.6%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Income ceiling LIHTC allocation
HIGHBRIDGE OVERLOOK New construction N/A 10452 N/A $1,804,887
IRVINGTON FAMILY APTS New construction N/A 94538 N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 32208 N/A $504,385
HUNTINGTON RESERVE NA N/A 32773 N/A $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 91768 N/A $1,557,010
INTERVALE GARDENS LLC New construction N/A 10459 N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction N/A 33905 N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 90018 N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction N/A 92243 N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab N/A 95490 N/A $435,816
HILTON SENIOR APTS New construction N/A 14468 N/A $242,084
JEFFERSON AVENUE New construction N/A 14208 N/A $0

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