About This Property
Chestnut Apartments comprises 24 low-income residential units in Marianna, AR, with a unit mix of twenty 2-bedroom and four 3-bedroom apartments. The property has been in service since 1999 and operates under 4% LIHTC credit financing. Prospective tenants and investors can contact the property management office for additional information regarding availability and lease terms.
Waitlist Information
Waitlist managed by Lee County Housing Authority
Accepts pre-applications for families and senior/disabled households for units ranging from studios to 4 bedrooms; preferences have not been identified. To apply, visit the office at 327 Ward Dr., Marianna, AR 72360, Monday-Friday, 8:30 AM-4:30 PM to pick up a pre-application, then call (870) 295-2691 to schedule an appointment to return it.
Eligibility is typically based on income, family size, and citizenship status. To apply, contact the housing authority directly or use the online application portal.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lee 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 | $604 |
| 1 Bedroom | $620 |
| 2 Bedroom | $814 |
| 3 Bedroom | $1,147 |
| 4 Bedroom | $1,148 |
Income Limits - Lee 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marianna, AR?+
The Fair Market Rent (FMR) for Lee County, AR is: $604 (Studio), $620 (1BR), $814 (2BR), $1147 (3BR), $1148 (4BR). Actual rent at subsidized properties like Chestnut Apartments is typically 30% of household income or less.
What size apartments are available at Chestnut Apartments?+
Chestnut Apartments offers the following unit types: 20 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who manages Chestnut Apartments?+
Chestnut Apartments is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Chestnut Apartments?+
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 Lee County, AR?+
For a 4-person household in Lee 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 Marianna, AR?+
Based on Fair Market Rent for Lee County, the estimated price range is: 2-bedroom: $814, 3-bedroom: $1147. Actual rent at Chestnut Apartments may be lower for income-eligible households.
How do I apply for housing at Chestnut Apartments?+
Chestnut Apartments 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.
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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