About This Property
Park Ridge At Conway Phase III offers 48 units in Conway, Arkansas, with 38 designated as low-income housing. The property includes seven 1-bedroom, seventeen 2-bedroom, and twenty-four 3-bedroom units and has been in service since 2010. This development utilizes 4% Low-Income Housing Tax Credits for its financing.
Waitlist Information
Waitlist managed by Housing Authority of the City of Conway
Preferences exist for disabled, elderly, families, and homeless individuals. Exclusions apply to convicted sex offenders, individuals with methamphetamine-related criminal charges, and full-time students with no children who are not disabled or veterans.
The program administers traditional, Mainstream, VASH, and EHV vouchers.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Faulkner 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 | $944 |
| 1 Bedroom | $950 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,717 |
Income Limits - Faulkner County, AR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,600
- Low (80%)
- $45,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,350
- Low (80%)
- $70,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,050 | $40,050 |
| 2 Persons | $17,420 | $28,600 | $45,800 |
| 3 Persons | $21,960 | $32,200 | $51,500 |
| 4 Persons | $26,500 | $35,750 | $57,200 |
| 5 Persons | $31,040 | $38,650 | $61,800 |
| 6 Persons | $35,580 | $41,500 | $66,400 |
| 7 Persons | $40,120 | $44,350 | $70,950 |
| 8 Persons | $44,660 | $47,200 | $75,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Conway, AR?+
The Fair Market Rent (FMR) for Faulkner County, AR is: $944 (Studio), $950 (1BR), $1089 (2BR), $1454 (3BR), $1717 (4BR). Actual rent at subsidized properties like Park Ridge At Conway Phase Iii is typically 30% of household income or less.
What size apartments are available at Park Ridge At Conway Phase Iii?+
Park Ridge At Conway Phase Iii offers the following unit types: 7 One-Bedroom, 17 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Park Ridge At Conway Phase Iii?+
Park Ridge At Conway Phase Iii 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 is the price range for apartments in Conway, AR?+
Based on Fair Market Rent for Faulkner County, the estimated price range is: 1-bedroom: $950, 2-bedroom: $1089, 3-bedroom: $1454. Actual rent at Park Ridge At Conway Phase Iii may be lower for income-eligible households.
Who manages Park Ridge At Conway Phase Iii?+
Park Ridge At Conway Phase Iii is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Park Ridge At Conway Phase Iii?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. 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 Faulkner County, AR?+
For a 4-person household in Faulkner County, AR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,750, Low Income (80% AMI): $57,200. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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