Chicot County, AR
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $630/mo | $567 – $693/mo |
| 1 BR | $671/mo | $604 – $738/mo |
| 2 BR | $880/mo | $792 – $968/mo |
| 3 BR | $1,150/mo | $1,035 – $1,265/mo |
| 4 BR | $1,282/mo | $1,154 – $1,410/mo |
Fair Market Rent by unit size — Chicot County, AR (FY 2026)
Source: HUD FY 2026 data for Chicot County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authority serving Chicot County
- Lake Village Housing Authority
707 Mulberry St, Lake Village, AR, 71653 · 8702653851
Am I eligible?
To qualify for a Housing Choice Voucher in Chicot County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $24,900 |
| 2 people | $28,450 |
| 3 people | $32,000 |
| 4 people | $35,550 |
| 5 people | $38,400 |
| 6 people | $41,250 |
| 7 people | $44,100 |
| 8 people | $46,950 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Chicot County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
- Elderly
CYPRESS GROVE OF LAKE VILLAGE
188 CYPRESS STREET, LAKE VILLAGE, AR36 income-restricted units of 37 totalBuilt 20184% LIHTCCompliance through ~2048 - Elderly
CHICOT APARTMENTS
604 E COMPRESS ST, EUDORA, AR, 7164050 income-restricted units16 1BR, 30 2BR, 4 3BRBuilt 2015Compliance through ~2045 - Elderly
CYPRESS GROVE - LAKE VILLAGE
188 CYPRESS ST, LAKE VILLAGE, AR, 7165336 income-restricted units33 3BR, 3 4BR+Built 2014Compliance through ~2044 - Elderly
EUDORA TERRACE FKA EUDORA VILLAS
234 LYNN ST, EUDORA, AR, 7164032 income-restricted units of 33 total6 1BR, 22 2BR, 4 3BRBuilt 20089% LIHTCCompliance through ~2038 - Elderly
DERMOTT TERRACE FKA DERMOTT VILLAS
208 W ASH ST, DERMOTT, AR, 7163832 income-restricted units of 33 total2 studio, 7 1BR, 23 2BRBuilt 20079% LIHTCCompliance through ~2037 - Elderly
CHICOT LAKE APARTMENTS
920 MULBERRY ST, LAKE VILLAGE, AR, 7165343 income-restricted units of 44 total33 1BR, 11 2BRBuilt 20049% LIHTCCompliance through ~2034 - Elderly
OLD LAKESHORE APARTMENTS
201 N LAKESHORE DR, LAKE VILLAGE, AR, 7165323 income-restricted units24 1BRBuilt 20049% LIHTCCompliance through ~2034
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Chicot County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →