About This Property
Walnut Park Estates II offers 25 three-bedroom units designated for low-income households in Fort Smith, Arkansas. The property was placed in service in 2012 and is financed through 9% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property contact.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Fort Smi
The waiting list for Scattered Site pre-applications has been open since July 2017. Preferences include working family, elderly, disabled, those terminated from HCV program due to insufficient funding, victims of domestic violence, victims of natural disaster, and homeless individuals.
The waiting list is open indefinitely. Preferences include working families, elderly, disabled, those terminated from HCV program due to insufficient funding, victims of domestic violence, victims of natural disaster, and homeless individuals.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 Ii is typically 30% of household income or less.
What size apartments are available at Walnut Park Estates Ii?+
Walnut Park Estates Ii offers the following unit types: 25 Three-Bedroom units, for a total of 25 units.
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 Ii may be lower for income-eligible households.
How do I apply for housing at Walnut Park Estates Ii?+
Walnut Park Estates Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 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.
Is there a waitlist for Walnut Park Estates Ii?+
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.
Who manages Walnut Park Estates Ii?+
Walnut Park Estates Ii is managed by . You can reach them at .
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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