Low Income Apartments and Affordable Housing For Rent in Perry, OK

Discover affordable housing in Perry where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Garden Oaks Apartments

1403 N 9th St, Perry, Oklahoma 73077

Village Apartments Lee Prop Mgmt

520 N 5th St, Perry, Oklahoma 73077

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Perry, Oklahoma
$16.88/hour
$9.63 (+133%) more than Oklahoma minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Perry, Oklahoma Affordable Housing ↓

What HUD offices serve Perry, Oklahoma?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Perry, Oklahoma.

Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Perry.

How many renters live in Perry, Oklahoma?

The City of Perry has 4,526 people living in 1,593 households.

There are 1,406 renters living in 450 renter households in this City. Renters make up 31.06 percent of the population living in Perry.

What is the rental market like in Perry, Oklahoma?

There are an estimated 1,986 housing units in the Perry area. Of these, 549 units are rental homes, making up 28 percent of the housing market. For every renter household in Perry, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Perry?

The rental vacancy rate in Perry is 18 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Perry for each bedroom size?

Occupied Rental Units by Size in Perry
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 22 230 157 23
Occupied Rental Units by Size in Perry

A large number of apartments in Perry have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Perry are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Perry

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,512. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $677
One BR $794
Two BR $891
Three BR $1,256
Four BR $1,512
2024 Fair Market Rents in Perry, Oklahoma

How many units are rented at Fair Market Rent (FMR) in Perry?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 13 72 percent
One BR 22 100 percent
Two BR 149 65 percent
Rental Units Below FMR in Perry, Oklahoma

How many affordable rental units are in Perry?

There are a variety of federal affordable housing programs serving households in Perry, Oklahoma including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 107
USDA Section 515 Rural Rental Housing 107
Tracked Units by Federal Program in Perry, Oklahoma

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Perry, Oklahoma

Perry features 9 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Perry, Oklahoma

There are 312 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Perry.

Housing Choice Vouchers in Perry, Oklahoma

On average, Section 8 Housing Choice vouchers pay Perry landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Perry.

The maximum amount a voucher would pay on behalf of a low-income tenant in Perry, Oklahoma for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.