Low Income Apartments and Affordable Housing For Rent in Love County, OK

Discover affordable housing in Love County where there are 0+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Love County, Oklahoma
$17.46/hour
$10.21 (+141%) more than Oklahoma minimum wage and $10.21 (+141%) more than the Federal minimum wage.
Learn More About Love County, Oklahoma Affordable Housing ↓

What HUD offices serve Love County, 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 Love County, Oklahoma.

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

How many renters live in Love County, Oklahoma?

The County of Love County has 10,158 people living in 3,686 households.

There are 2,713 renters living in 1,049 renter households in this County. Renters make up 26.71 percent of the population living in Love County.

What is the rental market like in Love County, Oklahoma?

There are an estimated 4,706 housing units in the Love County area. Of these, 1,111 units are rental homes, making up 24 percent of the housing market. For every renter household in Love County, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Love County?

The rental vacancy rate in Love County is 5 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 Love County for each bedroom size?

Occupied Rental Units by Size in Love County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 186 461 318 46
Occupied Rental Units by Size in Love County

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

Among renter households in this market, 26 percent have housing cost burden. Further, 10 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 Love County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $700 to $1,262. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $700
One BR $786
Two BR $922
Three BR $1,115
Four BR $1,262
2024 Fair Market Rents in Love County, Oklahoma

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

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 20 91 percent
One BR 111 60 percent
Two BR 234 51 percent
Rental Units Below FMR in Love County, Oklahoma

How many affordable rental units are in Love County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 30
Section 8 Project-Based Rental Assistance 31
Section 202 Supportive Housing for the Elderly 20
USDA Section 515 Rural Rental Housing 30
Tracked Units by Federal Program in Love County, Oklahoma

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

Income Based Apartments in Love County, Oklahoma

Love County features 0 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 Love County, Oklahoma

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

Housing Choice Vouchers in Love County, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Love County, Oklahoma for a two-bedroom apartment is between $830 and $1,014.

Sourced from federal housing data and AffordableHousingOnline.com research.