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Affordable Housing In Ada
Pontotoc County, Oklahoma

14 Low Income Apartment Communities In Ada

Legacy Senior Residences Ada

1929 North Country Club Road
Ada, Oklahoma
$331-780
1-2 BR
Accepts Vouchers
Accessible
Accessible
62+

Cottage Lane Apartments

1318 Nadine Dr
Ada, Oklahoma
Subsidized
Accessible

Woodlands Apartments I

2820 Arlington St
Ada, Oklahoma
Call For Rent
1 BR
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Big Five Ada Housing

702 W 1st St
Ada, Oklahoma
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Rolling Meadows of Ada, Ltd

1300 Kerr Lab Rd
Ada, Oklahoma
Subsidized

Ada Square, Lp

2001 B St
Ada, Oklahoma
Accepts Vouchers

The Lindens Apartments

1301 N Oak Ave
Ada, Oklahoma
Accepts Vouchers

Meadow View Apartments

700 W 1st St
Ada, Oklahoma
Subsidized

Oxford Square Apartments

908 N Country Club Rd
Ada, Oklahoma
Subsidized

Ada Village Apartments

1100 Kerr Lab Rd
Ada, Oklahoma
Subsidized

Housing Authorities that serve Ada

Housing Authority Programs
Housing Authority of the City of Ada Section 8 Housing Choice Voucher (HCV); Public Housing
Oklahoma Housing Finance Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Ada, Oklahoma

There are 14 low income housing apartment communities offering 735 affordable apartments for rent in Ada, Oklahoma.

Income Based Apartments in Ada, Oklahoma

Ada features 533 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 Ada, Oklahoma

There are 202 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ada.

Housing Choice Vouchers in Ada, Oklahoma

On average, Section 8 Housing Choice vouchers pay Ada landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ada.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ada, Oklahoma for a two-bedroom apartment is between $641 and $783.

2020 Ada, Oklahoma Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $481 $544 $712 $941 $976
Payment Standard Range $433 to $529 $490 to $598 $641 to $783 $847 to $1,035 $878 to $1,074

Sourced from federal housing data and AffordableHousingOnline.com research.

Ada, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 735
Total Housing Units with Rental Assistance 533
Percentage of Housing Units Occupied By Renters 52.17%
Average Renter Household Size 2.12
Average Household Size 2.26
Median Household Income $35,330 ±$3,305
Median Rent $626 ±$19
Percentage Of Renters Overburdened 45.08% ± 4.28pp
Total Population 17,149

Population and Household Demographics

Ada is a city in Pontotoc County, Oklahoma with a population of 17,149. There are 7,088 households in the city with an average household size of 2.26 persons. 52.17% of households in Ada are renters.

Income and Rent Overburden in Ada

The median gross income for households in Ada is $35,330 a year, or $2,944 a month. The median rent for the city is $626 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ada, a household making less than $2,087 a month would be considered overburdened when renting an apartment at or above the median rent. 45.08% of households who rent are overburdened in Ada.

Area Median Income In Ada

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ada, the AMI is calculated from all households within Pontotoc County.

In Ada, HUD calculates the Area Median Income for a family of four as $62,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ada

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Ada

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,200 $17,240 $21,720 $26,200 $30,680 $35,160 $39,000 $41,550
50% of Median $22,050 $25,200 $28,350 $31,450 $34,000 $36,500 $39,000 $41,550
80% of Median $35,250 $40,250 $45,300 $50,300 $54,350 $58,350 $62,400 $66,400