About This Property
Chapel Ridge of Hot Springs contains 56 low-income residential units in Hot Springs, Arkansas. The property, which has been in service since 1999, offers a mix of one-, two-, and three-bedroom floor plans with 16, 24, and 16 units respectively. The development is financed through the 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Hot Springs Housing Authority
The waiting list is currently accepting pre-applications for families and senior/disabled households. Applicants are placed on the waiting list by the date and time the pre-application is received. The current wait time for Public Housing is approximately 6 to 12 months.
The Housing Choice Voucher waiting list closed on September 1, 2024.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Garland County, AR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $767 |
| 1 Bedroom | $775 |
| 2 Bedroom | $1,007 |
| 3 Bedroom | $1,249 |
| 4 Bedroom | $1,616 |
Income Limits - Garland County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,000
- Very Low (50%)
- $21,700
- Low (80%)
- $34,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,450
- Low (80%)
- $53,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $35,950
- Low (80%)
- $57,450
- Extremely Low (30%)
- $38,400
- Very Low (50%)
- $38,400
- Low (80%)
- $61,400
- Extremely Low (30%)
- $40,900
- Very Low (50%)
- $40,900
- Low (80%)
- $65,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,000 | $21,700 | $34,650 |
| 2 Persons | $17,420 | $24,800 | $39,600 |
| 3 Persons | $21,960 | $27,900 | $44,550 |
| 4 Persons | $26,500 | $30,950 | $49,500 |
| 5 Persons | $31,040 | $33,450 | $53,500 |
| 6 Persons | $35,580 | $35,950 | $57,450 |
| 7 Persons | $38,400 | $38,400 | $61,400 |
| 8 Persons | $40,900 | $40,900 | $65,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hot Springs, AR?+
The Fair Market Rent (FMR) for Garland County, AR is: $767 (Studio), $775 (1BR), $1007 (2BR), $1249 (3BR), $1616 (4BR). Actual rent at subsidized properties like Chapel Ridge of Hot Springs is typically 30% of household income or less.
What size apartments are available at Chapel Ridge of Hot Springs?+
Chapel Ridge of Hot Springs offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom, 16 Three-Bedroom units, for a total of 56 units.
What is the price range for apartments in Hot Springs, AR?+
Based on Fair Market Rent for Garland County, the estimated price range is: 1-bedroom: $775, 2-bedroom: $1007, 3-bedroom: $1249. Actual rent at Chapel Ridge of Hot Springs may be lower for income-eligible households.
Is there a waitlist for Chapel Ridge of Hot Springs?+
Public Housing waitlist is currently Open. 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.
How do I apply for housing at Chapel Ridge of Hot Springs?+
Chapel Ridge of Hot Springs 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.
What are the income limits for affordable housing in Garland County, AR?+
For a 4-person household in Garland County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,950, Low Income (80% AMI): $49,500. These limits are set by HUD and updated annually.
Who manages Chapel Ridge of Hot Springs?+
Chapel Ridge of Hot Springs is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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