About This Property
Briarwood I offers 25 units in Marshall, AR, including 24 low-income housing units developed through 4% Low-Income Housing Tax Credits. The property has been in service since 2001 and contains four one-bedroom units, twenty two-bedroom units, and one three-bedroom unit. Interested parties can contact the property management for additional information and availability.
Property Details
Fair Market Rent - Searcy 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 | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,042 |
| 4 Bedroom | $1,148 |
Income Limits - Searcy 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marshall, AR?+
The Fair Market Rent (FMR) for Searcy County, AR is: $604 (Studio), $620 (1BR), $814 (2BR), $1042 (3BR), $1148 (4BR). Actual rent at subsidized properties like Briarwood I is typically 30% of household income or less.
What size apartments are available at Briarwood I?+
Briarwood I offers the following unit types: 4 One-Bedroom, 20 Two-Bedroom, 1 Three-Bedroom units, for a total of 25 units.
How do I apply for housing at Briarwood I?+
Briarwood I 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 Searcy County, AR?+
For a 4-person household in Searcy 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 Marshall, AR?+
Based on Fair Market Rent for Searcy County, the estimated price range is: 1-bedroom: $620, 2-bedroom: $814, 3-bedroom: $1042. Actual rent at Briarwood I may be lower for income-eligible households.
Who manages Briarwood I?+
Briarwood I is managed by . You can reach them at . Visit their website for more 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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