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Affordable apartments in Hope, Arkansas

6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 81 section 2024 lihtc

Buildings

SOUTHWEST ARKANSAS DEVELOPMENTAL HOMES

Section 8
205 S JONES ST, Hope, AR, 71801
Income-restricted units
70 of 76
Year placed in service
Not reported

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

SOUTHWEST ARKANSAS DEVELOPMENTAL HOMES

Section 202
205 S JONES ST, Hope, AR, 71801
Income-restricted units
70 of 76
Year placed in service
Not reported

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

EMERALD VILLAGE AT HOPE

LIHTC
2406 ROCKY MOUND RD, HOPE, AR, 71801
Income-restricted units
48 of 48
Year placed in service
2016
Bedroom mix
48 2BR

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

PEAKS AT HOPE

LIHTC
2206 BILL CLINTON DR, HOPE, AR, 71801
Income-restricted units
47 of 48
Year placed in service
2012
Bedroom mix
1 studio · 6 1BR · 17 2BR · 24 3BR

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

FULTON SQUARE APARTMENTS

LIHTC
801 MACK ST, HOPE, AR, 71801
Income-restricted units
40 of 40
Year placed in service
2006
Bedroom mix
4 1BR · 32 2BR · 4 3BR

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

HOPE PLEASANT RIDGE APTS

LIHTC
1305 E THIRD ST, HOPE, AR, 71801
Income-restricted units
32 of 32
Year placed in service
1988
Bedroom mix
24 1BR · 8 2BR

Estimated total housing cost: $759 rent + $138 utilities = $897/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Arkansas

Residential electricity in Arkansas runs about 13.09¢/kWh, with a typical monthly residential electric bill near $138. Natural gas runs about $26.39/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Hope, AR

Metro-level
BedroomsLocal FMRNational median
Studio$645n/a
1 bedroom$721n/a
2 bedroom$759$1,502
3 bedroom$987n/a
4 bedroom$1,139n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Hempstead County, AR

FY2025. Area median income: $70,100.

Household size30% AMI50% AMI80% AMI
1 person$15,650$24,550$39,300
2 people$21,150$28,050$44,900
3 people$26,650$31,550$50,500
4 people$32,150$35,050$56,100
5 people$37,650$37,900$60,600
6 people$40,700$40,700$65,100
7 people$43,500$43,500$69,600
8 people$46,300$46,300$74,100

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Arkansas cities

See all affordable-rental cities in Arkansas

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Hope cost-of-living and Fair Market Rent overview