About This Property
Cedar Square Apts Phase II offers 24 low-income units in Bearden, AR, with a unit mix of twelve 1-bedroom and twelve 2-bedroom apartments. The property has been in service since 1991 and is managed locally in Ouachita County. Affordable housing options are available for eligible residents.
Property Details
Fair Market Rent - Ouachita 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 | $696 |
| 1 Bedroom | $700 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,109 |
| 4 Bedroom | $1,113 |
Income Limits - Ouachita 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 Bearden, AR?+
The Fair Market Rent (FMR) for Ouachita County, AR is: $696 (Studio), $700 (1BR), $814 (2BR), $1109 (3BR), $1113 (4BR). Actual rent at subsidized properties like Cedar Square Apts Phase Ii is typically 30% of household income or less.
What size apartments are available at Cedar Square Apts Phase Ii?+
Cedar Square Apts Phase Ii offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Cedar Square Apts Phase Ii?+
Cedar Square Apts Phase Ii 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 Ouachita County, AR?+
For a 4-person household in Ouachita 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.
What is the price range for apartments in Bearden, AR?+
Based on Fair Market Rent for Ouachita County, the estimated price range is: 1-bedroom: $700, 2-bedroom: $814. Actual rent at Cedar Square Apts Phase Ii may be lower for income-eligible households.
Who manages Cedar Square Apts Phase Ii?+
Cedar Square Apts Phase Ii 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.