What HUD offices serve Okanogan, Washington?
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.
Go to the Washington Public Housing and Low-Income Apartments Waiting Lists page for openings near Okanogan.
How many renters live in Okanogan, Washington?
The City of Okanogan has 2,640 people living in 1,045 households.
There are 1,035 renters living in 417 renter households in this City. Renters make up 39.2 percent of the population living in Okanogan.
What is the rental market like in Okanogan, Washington?
There are an estimated 1,153 housing units in the Okanogan area. Of these, 427 units are rental homes, making up 37 percent of the housing market. For every renter household in Okanogan, Washington, there are 1 rental units.
What is the vacancy rate for rentals in Okanogan?
The rental vacancy rate in Okanogan 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 Okanogan for each bedroom size?
Occupied Rental Units by Size in Okanogan
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 54 | 25 | 156 | 172 | 10 |
Occupied Rental Units by Size in Okanogan
A large number of apartments in Okanogan 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 Okanogan are overburdened by housing costs?
Among renter households in this market, 37 percent have housing cost burden. Further, 7 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 Okanogan
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $712 to $1,702. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $712 |
| One BR | $828 |
| Two BR | $1,051 |
| Three BR | $1,453 |
| Four BR | $1,702 |
2024 Fair Market Rents in Okanogan, Washington
How many units are rented at Fair Market Rent (FMR) in Okanogan?
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 | 27 | 50 percent |
| One BR | 25 | 100 percent |
| Two BR | 99 | 63 percent |
Rental Units Below FMR in Okanogan, Washington
How many affordable rental units are in Okanogan?
There are a variety of federal affordable housing programs serving households in Okanogan, Washington including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 20 |
| USDA Section 515 Rural Rental Housing | 28 |
Tracked Units by Federal Program in Okanogan, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Okanogan, Washington
Okanogan features 48 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 Okanogan, Washington
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Okanogan.
Housing Choice Vouchers in Okanogan, Washington
On average, Section 8 Housing Choice vouchers pay Okanogan landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Okanogan.
The maximum amount a voucher would pay on behalf of a low-income tenant in Okanogan, Washington for a two-bedroom apartment is between $946 and $1,156.
Sourced from federal housing data and AffordableHousingOnline.com research.
