About This Property
Oaks Assisted Living comprises 30 low-income units in MENA, AR, with a mix of 24 studios and 6 one-bedroom apartments. The property was placed in service in 2011 and operates under 4% LIHTC financing. The community serves residents in Polk County and is managed for long-term affordability.
Waitlist Information
Waitlist managed by Polk County Housing Authority
Applicants are placed on the waiting list according to apartment size, and date and time of application. Wait time varies due to bedroom size applicant is eligible for and vacancies.
A waiting list is maintained for the program. Eligible individuals are removed from the waiting list as Vouchers become available. Changes to contact information must be submitted in writing.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Polk 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 | $584 |
| 1 Bedroom | $662 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,152 |
Income Limits - Polk 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 Mena, AR?+
The Fair Market Rent (FMR) for Polk County, AR is: $584 (Studio), $662 (1BR), $861 (2BR), $1041 (3BR), $1152 (4BR). Actual rent at subsidized properties like Oaks Assisted Living is typically 30% of household income or less.
What size apartments are available at Oaks Assisted Living?+
Oaks Assisted Living offers the following unit types: 24 Studio, 6 One-Bedroom units, for a total of 30 units.
What is the price range for apartments in Mena, AR?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $662. Actual rent at Oaks Assisted Living may be lower for income-eligible households.
Is there a waitlist for Oaks Assisted Living?+
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.
How do I apply for housing at Oaks Assisted Living?+
Oaks Assisted Living 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.
Who manages Oaks Assisted Living?+
Oaks Assisted Living is managed by . You can reach them at .
What are the income limits for affordable housing in Polk County, AR?+
For a 4-person household in Polk 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
