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Affordable apartments in Malvern, Arkansas

4 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 83 lihtc

Buildings

Malvern Manor Apartments

Section 8
718 Sulphur Springs Rd, Malvern, AR, 72104
Income-restricted units
48 of 50
Year placed in service
Not reported

Estimated total housing cost: $712 rent + $138 utilities = $850/mo

Contact property management for current availability. Waitlists may apply.

MARLA SQUARE APTS I

LIHTC
825 SULPHUR SPRINGS RD, MALVERN, AR, 72104
Income-restricted units
36 of 36
Year placed in service
1987
Bedroom mix
20 1BR · 16 2BR

Estimated total housing cost: $712 rent + $138 utilities = $850/mo

Contact property management for current availability. Waitlists may apply.

MARLA SQUARE APTS II

LIHTC
825 SULPHUR SPRINGS RD, MALVERN, AR, 72104
Income-restricted units
36 of 36
Year placed in service
1987
Bedroom mix
19 1BR · 17 2BR

Estimated total housing cost: $712 rent + $138 utilities = $850/mo

Contact property management for current availability. Waitlists may apply.

GARLAND STREET APTS

LIHTC
615 GARLAND ST, MALVERN, AR, 72104
Income-restricted units
18 of 18
Year placed in service
1994
Bedroom mix
18 2BR

Estimated total housing cost: $712 rent + $138 utilities = $850/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 Malvern, AR

Metro-level
BedroomsLocal FMRNational median
Studio$605n/a
1 bedroom$676n/a
2 bedroom$712$1,502
3 bedroom$926n/a
4 bedroom$1,068n/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 : Hot Spring 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

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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: Malvern cost-of-living and Fair Market Rent overview