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

Discover affordable housing in Afton where there are 2+ 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.

Afton Village

326 S Maple Ave, Afton, Oklahoma 74331

214 S East St

214 S East St, Afton, Oklahoma 74331

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

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

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

How many renters live in Afton, Oklahoma?

The City of Afton has 779 people living in 303 households.

There are 188 renters living in 79 renter households in this City. Renters make up 24.13 percent of the population living in Afton.

What is the rental market like in Afton, Oklahoma?

There are an estimated 433 housing units in the Afton area. Of these, 90 units are rental homes, making up 21 percent of the housing market. For every renter household in Afton, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Afton?

The rental vacancy rate in Afton is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Afton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 0 22 44 8
Occupied Rental Units by Size in Afton

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

Among renter households in this market, 49 percent have housing cost burden. Further, 8 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 Afton

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 Afton, Oklahoma

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

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 5 100 percent
Two BR 17 77 percent
Rental Units Below FMR in Afton, Oklahoma

How many affordable rental units are in Afton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 29
Public Housing 20
USDA Section 515 Rural Rental Housing 29
Tracked Units by Federal Program in Afton, Oklahoma

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

Income Based Apartments in Afton, Oklahoma

Afton features 49 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 Afton, Oklahoma

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

Housing Choice Vouchers in Afton, Oklahoma

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.