About This Property
Cottonwood Townhomes comprises 45 units in Forrest City, Arkansas, with 44 designated as low-income housing. The property, which entered service in 2005, includes 11 one-bedroom and 33 two-bedroom townhomes and is financed through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by St. Francis County Housing Authority
Eligibility depends on annual gross income, age or disability status, and US citizenship or eligible immigration. The program assists low-income families, individuals, and senior citizens.
Eligibility depends on annual gross income, age or disability status, and US citizenship or eligible immigration. The program assists low-income families, individuals, and senior citizens.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - St. Francis 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 | $618 |
| 1 Bedroom | $660 |
| 2 Bedroom | $833 |
| 3 Bedroom | $1,161 |
| 4 Bedroom | $1,166 |
Income Limits - St. Francis 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 Forrest City, AR?+
The Fair Market Rent (FMR) for St. Francis County, AR is: $618 (Studio), $660 (1BR), $833 (2BR), $1161 (3BR), $1166 (4BR). Actual rent at subsidized properties like Cottonwood Townhomes is typically 30% of household income or less.
What size apartments are available at Cottonwood Townhomes?+
Cottonwood Townhomes offers the following unit types: 11 One-Bedroom, 33 Two-Bedroom units, for a total of 45 units.
What is the price range for apartments in Forrest City, AR?+
Based on Fair Market Rent for St. Francis County, the estimated price range is: 1-bedroom: $660, 2-bedroom: $833. Actual rent at Cottonwood Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in St. Francis County, AR?+
For a 4-person household in St. Francis 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.
Is there a waitlist for Cottonwood Townhomes?+
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.
Who manages Cottonwood Townhomes?+
Cottonwood Townhomes is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cottonwood Townhomes?+
Cottonwood Townhomes 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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