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

Discover affordable housing in Sayre where there are 7+ 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.

Wildwood

1300 Electra St., Sayre, Oklahoma 86001

Wildwood Homes

1300 Electra St., Sayre, Oklahoma 73662

Sayre Senior Village Apartments

400 E Grand Ave, Sayre, Oklahoma 73662

Concept Housing of Sayre

1604 N 2nd St, Sayre, Oklahoma 73662

Southgate Apartments Erick Sayre

200 S Broadway St, Sayre, Oklahoma 73662

1315 N 2nd St

1315 N 2nd St, Sayre, Oklahoma 73662

Aspen Ridge Apartments

2200 N Electra St, Sayre, Oklahoma 73662

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sayre, Oklahoma
$18.22/hour
$10.97 (+151%) more than Oklahoma minimum wage and $10.97 (+151%) more than the Federal minimum wage.
Learn More About Sayre, Oklahoma Affordable Housing ↓

What HUD offices serve Sayre, 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 Public Housing programs for Sayre, Oklahoma.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Sayre, Oklahoma.

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

How many renters live in Sayre, Oklahoma?

The City of Sayre has 5,459 people living in 948 households.

There are 1,072 renters living in 463 renter households in this City. Renters make up 19.64 percent of the population living in Sayre.

What is the rental market like in Sayre, Oklahoma?

There are an estimated 1,260 housing units in the Sayre area. Of these, 469 units are rental homes, making up 37 percent of the housing market. For every renter household in Sayre, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Sayre?

The rental vacancy rate in Sayre is 1 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Sayre
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 121 224 92 26
Occupied Rental Units by Size in Sayre

A large number of apartments in Sayre 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 Sayre are overburdened by housing costs?

Among renter households in this market, 23 percent have housing cost burden. Further, 13 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 Sayre

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $731 to $1,400. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $731
One BR $732
Two BR $962
Three BR $1,163
Four BR $1,400
2024 Fair Market Rents in Sayre, Oklahoma

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

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
One BR 115 95 percent
Two BR 172 77 percent
Rental Units Below FMR in Sayre, Oklahoma

How many affordable rental units are in Sayre?

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

Federal Program Unit Count
Low Income Housing Tax Credit 119
Public Housing 39
Section 8 Project-Based Rental Assistance 74
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Sayre, Oklahoma

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

Income Based Apartments in Sayre, Oklahoma

Sayre features 115 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 Sayre, Oklahoma

There are 104 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sayre.

Housing Choice Vouchers in Sayre, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sayre, Oklahoma for a two-bedroom apartment is between $866 and $1,058.

Sourced from federal housing data and AffordableHousingOnline.com research.