Affordable Housing In Beckham County
Oklahoma

12 Low Income Apartment Communities In Beckham County

Wildwood

South side of E. Benton Ave & Electra St.
Sayre, OK
$480-555
3 BR
55+
Accessible
HCV Welcome

Eagle Flats

Oakridge Dr. south of Blue Ridge Dr.
Elk City, OK
$425-550
2-3 BR
HCV Welcome

Sayre Senior Village

400 E Grand #143
Sayre, OK
62+
Accessible
HCV Welcome

Grandview Concept Housing of Sayre

400 E Grand Ave
Sayre, OK
Subsidized

Erick Rental Housing

204 NE Boundry Rd
Erick, OK
Subsidized

Jaycee Village

417 N Jefferson Ave
Elk City, OK
62+
Accessible
Elderly Supportive Housing
Subsidized

Southgate Village

1200 S Watkins Ave
Elk City, OK
Subsidized

Southgate Apartments Erick Sayre

200 S Broadway St
Sayre, OK
Subsidized

Aspen Ridge Apartments

2200 N Electra St
Sayre, OK
HCV Welcome

Concept Housing of Sayre

1604 N 2nd St
Sayre, OK
HCV Welcome

Housing Authorities that serve Beckham County

Housing Authority Programs
Oklahoma Housing Finance Agency Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Beckham County

Housing Authority Programs
Elk City Housing Authority Public Housing
Housing Authority of the City of Sayre Public Housing

Guide To Affordable Housing in Beckham County, Oklahoma

There are 12 low income housing apartment communities offering 547 affordable apartments for rent in Beckham County, Oklahoma. Beckham County features 380 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 167 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Beckham County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Beckham County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 547
Total Housing Units with Rental Assistance 380
Percentage of Housing Units Occupied By Renters 36.1%
Average Renter Household Size 2.67
Average Household Size 2.87
Median Household Income $48,601 ±$3,997
Median Rent $702 ±$62
Percentage Of Renters Overburdened 29.45% ± 7.8pp
Total Population 23,300

Population and Household Demographics

Beckham County is a County in Oklahoma with a population of 23,300. There are 7,535 households in the county with an average household size of 2.87 persons. 36.1% of households in Beckham County are renters.

Income and Rent Overburden in Beckham County

The median gross income for households in Beckham County is $48,601 a year, or $4,050 a month. The median rent for the county is $702 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Beckham County, a household making less than $2,340 a month would be considered overburdened when renting an apartment at or above the median rent. 29.45% of households who rent are overburdened in Beckham County.1

Area Median Income In Beckham County

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.

In Beckham County, HUD calculates the Area Median Income for a family of four as $65,700

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 Beckham County

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 Beckham County HUD Rental Assistance in Beckham County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,800 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,400
50% of Median $23,000 $26,300 $29,600 $32,850 $35,500 $38,150 $40,750 $43,400
80% of Median $36,800 $42,050 $47,300 $52,550 $56,800 $61,000 $65,200 $69,400
Low Income Housing Tax Credits in Beckham County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 1998, 2 low income apartment communities containing 60 rental apartments have been constructed and made affordable to low income persons in Beckham County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Beckham County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,000 $26,300 $29,600 $32,850 $35,500 $38,150 $40,750 $43,400
60% of Median $27,600 $31,560 $35,520 $39,420 $42,600 $45,780 $48,900 $52,080

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Beckham County is $35,520 a year, or $2,960 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,960 by 30% to get a maximum rent of $888 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $575 $616 $740 $854 $954 $1,052
60% $690 $740 $888 $1,025 $1,145 $1,262
Fair Market Rents in Beckham County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$535 $623 $821 $1,023 $1,188

Cities In Beckham County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Sayre 7 The HUD funded Public Housing Agencies that serve Sayre are the Housing Authority of the City of Sayre and Oklahoma Housing Finance Agency.
Erick 1 The HUD funded Public Housing Agency that serves Erick is the Oklahoma Housing Finance Agency.
Elk City 4 The HUD funded Public Housing Agencies that serve Elk City are the Elk City Housing Authority and Oklahoma Housing Finance Agency.
Carter 0 The HUD funded Public Housing Agency that serves Carter is the Oklahoma Housing Finance Agency.
Sweetwater 0 The HUD funded Public Housing Agency that serves Sweetwater is the Oklahoma Housing Finance Agency.
Texola 0 The HUD funded Public Housing Agency that serves Texola is the Oklahoma Housing Finance Agency.