About This Property
Walnut Park Estates comprises 33 three-bedroom units in Fort Smith, Arkansas, with 25 units designated for low-income households. The property was placed in service in 2006 and utilizes 4% Low-Income Housing Tax Credits to support its affordable housing mission. This Sebastian County community is professionally managed to provide stable rental housing.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Fort Smi
The waiting list for Scattered Site pre-applications is currently open indefinitely. Preferences include working family, elderly, disabled, those terminated from HCV due to insufficient funding, victims of domestic violence, natural disaster victims, and homeless. While FSHA states it does not offer a Public Housing program, it accepts Scattered Site pre-applications.
The waiting list is open indefinitely. Preferences include working families, elderly, disabled, those terminated from HCV due to insufficient funding, victims of domestic violence, natural disaster victims, and homeless. No documents are needed at the time of pre-application.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
Fair Market Rent - Sebastian 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 | $674 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,222 |
| 4 Bedroom | $1,437 |
Income Limits - Sebastian County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,050
- Low (80%)
- $30,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,750
- Low (80%)
- $34,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,450
- Low (80%)
- $39,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $31,500
- Very Low (50%)
- $31,500
- Low (80%)
- $50,450
- Extremely Low (30%)
- $33,700
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,850
- Very Low (50%)
- $35,850
- Low (80%)
- $57,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,050 | $30,450 |
| 2 Persons | $17,420 | $21,750 | $34,800 |
| 3 Persons | $21,960 | $24,450 | $39,150 |
| 4 Persons | $26,500 | $27,150 | $43,450 |
| 5 Persons | $29,350 | $29,350 | $46,950 |
| 6 Persons | $31,500 | $31,500 | $50,450 |
| 7 Persons | $33,700 | $33,700 | $53,900 |
| 8 Persons | $35,850 | $35,850 | $57,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fort Smith, AR?+
The Fair Market Rent (FMR) for Sebastian County, AR is: $674 (Studio), $678 (1BR), $891 (2BR), $1222 (3BR), $1437 (4BR). Actual rent at subsidized properties like Walnut Park Estates is typically 30% of household income or less.
What size apartments are available at Walnut Park Estates?+
Walnut Park Estates offers the following unit types: 33 Three-Bedroom units, for a total of 33 units.
Who manages Walnut Park Estates?+
Walnut Park Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Walnut Park Estates?+
Walnut Park Estates 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 Walnut Park Estates?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Sebastian County, AR?+
For a 4-person household in Sebastian County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,150, Low Income (80% AMI): $43,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Fort Smith, AR?+
Based on Fair Market Rent for Sebastian County, the estimated price range is: 3-bedroom: $1222. Actual rent at Walnut Park Estates may be lower for income-eligible households.
Contact 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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