Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Villas of Jonesboro

979 N Patrick St, Jonesboro, AR, 72405

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Villas of Jonesboro comprises 48 units in Jonesboro, Arkansas, with 38 designated as low-income housing. The community features 15 one-bedroom and 33 two-bedroom units and has been in service since 2007, utilizing 9% Low-Income Housing Tax Credits. The property is managed by [management company name].

Waitlist Information

Waitlist managed by Jonesboro Urban Renewal Housing Authority

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed with no announced future opening date.

Last verified February 28, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher waiting list closed on April 1, 2023, and no applications were accepted after March 31, 2023.

Last verified March 13, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
48
1 Bedroom
15
2 Bedroom
33

Fair Market Rent - Craighead County, AR

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$634
1 Bedroom$767
2 Bedroom$936
3 Bedroom$1,226
4 Bedroom$1,560

Income Limits - Craighead County, AR

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,650
Low (80%)
$33,000
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,600
Low (80%)
$37,700
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,550
Low (80%)
$42,400
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,450
Low (80%)
$47,100
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,850
Low (80%)
$50,900
6 Persons
Extremely Low (30%)
$34,200
Very Low (50%)
$34,200
Low (80%)
$54,650
7 Persons
Extremely Low (30%)
$36,550
Very Low (50%)
$36,550
Low (80%)
$58,450
8 Persons
Extremely Low (30%)
$38,900
Very Low (50%)
$38,900
Low (80%)
$62,200

Tax Credit Program Details

Year Placed in Service
2007
LIHTC Credit Type
9%
Low-Income Units
38 / 48
Funding Programs
Rental Assistance
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Jonesboro, AR?+

The Fair Market Rent (FMR) for Craighead County, AR is: $634 (Studio), $767 (1BR), $936 (2BR), $1226 (3BR), $1560 (4BR). Actual rent at subsidized properties like Villas of Jonesboro is typically 30% of household income or less.

What size apartments are available at Villas of Jonesboro?+

Villas of Jonesboro offers the following unit types: 15 One-Bedroom, 33 Two-Bedroom units, for a total of 48 units.

What is the price range for apartments in Jonesboro, AR?+

Based on Fair Market Rent for Craighead County, the estimated price range is: 1-bedroom: $767, 2-bedroom: $936. Actual rent at Villas of Jonesboro may be lower for income-eligible households.

What are the income limits for affordable housing in Craighead County, AR?+

For a 4-person household in Craighead County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,450, Low Income (80% AMI): $47,100. These limits are set by HUD and updated annually.

How do I apply for housing at Villas of Jonesboro?+

Villas of Jonesboro is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Is there a waitlist for Villas of Jonesboro?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Villas of Jonesboro?+

Villas of Jonesboro is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Almost All Errands Require a Car

17
Walk
22
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Craighead County, AR

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