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

Discover affordable housing in Fairland where there are 1+ 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.

Lillie Mae Apts Ltd

501 S Main St, Fairland, Oklahoma

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fairland, 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 Fairland, Oklahoma Affordable Housing ↓

What HUD offices serve Fairland, 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 Fairland, Oklahoma.

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

How many renters live in Fairland, Oklahoma?

The City of Fairland has 1,234 people living in 523 households.

There are 444 renters living in 179 renter households in this City. Renters make up 35.98 percent of the population living in Fairland.

What is the rental market like in Fairland, Oklahoma?

There are an estimated 551 housing units in the Fairland area. Of these, 185 units are rental homes, making up 34 percent of the housing market. For every renter household in Fairland, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Fairland?

The rental vacancy rate in Fairland is 2 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 Fairland for each bedroom size?

Occupied Rental Units by Size in Fairland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
25 6 98 33 14
Occupied Rental Units by Size in Fairland

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

Among renter households in this market, 38 percent have housing cost burden. Further, 12 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 Fairland

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $609 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $609
One BR $678
Two BR $891
Three BR $1,109
Four BR $1,224
2024 Fair Market Rents in Fairland, Oklahoma

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

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 22 88 percent
One BR 4 67 percent
Two BR 66 67 percent
Rental Units Below FMR in Fairland, Oklahoma

How many affordable rental units are in Fairland?

Income Based Apartments in Fairland, Oklahoma

Fairland features 11 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 Fairland, Oklahoma

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairland.

Housing Choice Vouchers in Fairland, Oklahoma

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.