About This Property
Park Plaza III contains 24 three-bedroom units designated for low-income households in West Memphis, Arkansas. The property participates in the Low-Income Housing Tax Credit program and is financed through 4% credits. Management and leasing inquiries can be directed to the property contact information.
Waitlist Information
Waitlist managed by West Memphis Housing Authority
The waiting list is currently accepting pre-applications for families and senior/disabled households, requiring applicants to visit the WMHA office to pick up and hand-deliver applications. If two invitations are declined, the application will be purged from the waitlist.
The West Memphis Housing Authority Voucher Programs department is currently accepting pre-applications; no specific preferences or restrictions were identified.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Crittenden 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 | $1,031 |
| 1 Bedroom | $1,146 |
| 2 Bedroom | $1,298 |
| 3 Bedroom | $1,711 |
| 4 Bedroom | $1,995 |
Income Limits - Crittenden County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,450
- Very Low (50%)
- $24,050
- Low (80%)
- $38,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,950
- Low (80%)
- $49,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,350
- Low (80%)
- $72,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,450 | $24,050 | $38,500 |
| 2 Persons | $17,420 | $27,500 | $44,000 |
| 3 Persons | $21,960 | $30,950 | $49,500 |
| 4 Persons | $26,500 | $34,350 | $54,950 |
| 5 Persons | $31,040 | $37,100 | $59,350 |
| 6 Persons | $35,580 | $39,850 | $63,750 |
| 7 Persons | $40,120 | $42,600 | $68,150 |
| 8 Persons | $44,660 | $45,350 | $72,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in West Memphis, AR?+
The Fair Market Rent (FMR) for Crittenden County, AR is: $1031 (Studio), $1146 (1BR), $1298 (2BR), $1711 (3BR), $1995 (4BR). Actual rent at subsidized properties like Park Plaza Iii is typically 30% of household income or less.
What size apartments are available at Park Plaza Iii?+
Park Plaza Iii offers the following unit types: 24 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Park Plaza Iii?+
Park Plaza Iii 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 Crittenden County, AR?+
For a 4-person household in Crittenden County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,350, Low Income (80% AMI): $54,950. These limits are set by HUD and updated annually.
Is there a waitlist for Park Plaza Iii?+
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 is the price range for apartments in West Memphis, AR?+
Based on Fair Market Rent for Crittenden County, the estimated price range is: 3-bedroom: $1711. Actual rent at Park Plaza Iii may be lower for income-eligible households.
Who manages Park Plaza Iii?+
Park Plaza Iii 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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