About This Property
Park Place Apartments in Hot Springs contains 71 low-income residential units that were placed in service in 2013. The property offers a mix of floor plans including 44 one-bedroom, 16 two-bedroom, 8 three-bedroom, and 3 four-bedroom units. The community serves Garland County with affordable housing options for qualifying residents.
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 Park Place Apartments - Hot Springs is typically 30% of household income or less.
What size apartments are available at Park Place Apartments - Hot Springs?+
Park Place Apartments - Hot Springs offers the following unit types: 44 One-Bedroom, 16 Two-Bedroom, 8 Three-Bedroom, 3 Four-Bedroom units, for a total of 71 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 Park Place Apartments - Hot Springs may be lower for income-eligible households.
Who manages Park Place Apartments - Hot Springs?+
Park Place Apartments - Hot Springs is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Park Place Apartments - Hot Springs?+
Park Place Apartments - 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.
Is there a waitlist for Park Place Apartments - 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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