About This Property
Spring River Apts offers 32 low-income units in Hardy, AR, consisting of 24 one-bedroom and 8 two-bedroom apartments. The property has been in service since 1994 and is managed by its local operators. Interested applicants should contact the property directly for current availability and income qualification requirements.
Property Details
Fair Market Rent - Sharp 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 | $611 |
| 1 Bedroom | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,000 |
| 4 Bedroom | $1,290 |
Income Limits - Sharp 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 Hardy, AR?+
The Fair Market Rent (FMR) for Sharp County, AR is: $611 (Studio), $620 (1BR), $814 (2BR), $1000 (3BR), $1290 (4BR). Actual rent at subsidized properties like Spring River Apts is typically 30% of household income or less.
What size apartments are available at Spring River Apts?+
Spring River Apts offers the following unit types: 24 One-Bedroom, 8 Two-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Sharp County, AR?+
For a 4-person household in Sharp 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 Hardy, AR?+
Based on Fair Market Rent for Sharp County, the estimated price range is: 1-bedroom: $620, 2-bedroom: $814. Actual rent at Spring River Apts may be lower for income-eligible households.
How do I apply for housing at Spring River Apts?+
Spring River Apts 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.
Who manages Spring River Apts?+
Spring River Apts 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.