About This Property
Paragould Terrace Apts contains 24 one-bedroom units designated for low-income households in Paragould, Arkansas. The property was placed in service in 1988 and receives 4% Low-Income Housing Tax Credit financing. All units serve residents meeting low-income eligibility requirements.
Waitlist Information
Waitlist managed by Paragould Housing Authority
Preferences are given to near elderly, elderly, disabled individuals, those who have been working for the past six months, Greene County residents, or veterans.
The waiting list was last open from January 15, 2024, to February 15, 2024. There are no current Section 8 waiting lists for Paragould as of April 7, 2026.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Greene 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 | $636 |
| 1 Bedroom | $737 |
| 2 Bedroom | $858 |
| 3 Bedroom | $1,209 |
| 4 Bedroom | $1,214 |
Income Limits - Greene County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Paragould, AR?+
The Fair Market Rent (FMR) for Greene County, AR is: $636 (Studio), $737 (1BR), $858 (2BR), $1209 (3BR), $1214 (4BR). Actual rent at subsidized properties like Paragould Terrace Apts is typically 30% of household income or less.
What size apartments are available at Paragould Terrace Apts?+
Paragould Terrace Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
Is there a waitlist for Paragould Terrace Apts?+
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.
What is the price range for apartments in Paragould, AR?+
Based on Fair Market Rent for Greene County, the estimated price range is: 1-bedroom: $737. Actual rent at Paragould Terrace Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Greene County, AR?+
For a 4-person household in Greene County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Who manages Paragould Terrace Apts?+
Paragould Terrace Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Paragould Terrace Apts?+
Paragould Terrace Apts 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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