About This Property
Caddo Creek Apartments offers 20 low-income residential units in Norman, AR, comprising eight 1-bedroom and twelve 2-bedroom apartments. The property has been in service since 1995 and receives 4% Low-Income Housing Tax Credit funding. Management handles day-to-day operations and tenant services at this Montgomery County location.
Property Details
Fair Market Rent - Montgomery 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 | $604 |
| 1 Bedroom | $725 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,073 |
| 4 Bedroom | $1,381 |
Income Limits - Montgomery County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,950
- Low (80%)
- $30,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,650
- Low (80%)
- $34,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,350
- Low (80%)
- $39,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,050
- Low (80%)
- $43,300
- Extremely Low (30%)
- $29,250
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,400
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $33,550
- Very Low (50%)
- $33,550
- Low (80%)
- $53,700
- Extremely Low (30%)
- $35,750
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,950 | $30,350 |
| 2 Persons | $17,420 | $21,650 | $34,650 |
| 3 Persons | $21,960 | $24,350 | $39,000 |
| 4 Persons | $26,500 | $27,050 | $43,300 |
| 5 Persons | $29,250 | $29,250 | $46,800 |
| 6 Persons | $31,400 | $31,400 | $50,250 |
| 7 Persons | $33,550 | $33,550 | $53,700 |
| 8 Persons | $35,750 | $35,750 | $57,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Norman, AR?+
The Fair Market Rent (FMR) for Montgomery County, AR is: $604 (Studio), $725 (1BR), $814 (2BR), $1073 (3BR), $1381 (4BR). Actual rent at subsidized properties like Caddo Creek Apartments is typically 30% of household income or less.
What size apartments are available at Caddo Creek Apartments?+
Caddo Creek Apartments offers the following unit types: 8 One-Bedroom, 12 Two-Bedroom units, for a total of 20 units.
Who manages Caddo Creek Apartments?+
Caddo Creek Apartments is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Montgomery County, AR?+
For a 4-person household in Montgomery County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,050, Low Income (80% AMI): $43,300. These limits are set by HUD and updated annually.
How do I apply for housing at Caddo Creek Apartments?+
Caddo Creek Apartments 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 is the price range for apartments in Norman, AR?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $725, 2-bedroom: $814. Actual rent at Caddo Creek Apartments may be lower for income-eligible households.
Contact Information
Walk Score
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