Affordable Housing In Beckham County
10 Low Income Apartment Communities In Beckham County
Housing Authorities that serve Beckham County
|Oklahoma Housing Finance Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Beckham County, Oklahoma
There are 10 low income housing apartment communities offering 495 affordable apartments for rent in Beckham County, Oklahoma.
Income Based Apartments in Beckham County, Oklahoma
Beckham County features 380 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 Beckham County, Oklahoma
There are 115 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beckham County.
Housing Choice Vouchers in Beckham County, Oklahoma
On average, Section 8 Housing Choice vouchers pay Beckham County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Beckham County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Beckham County, Oklahoma for a two-bedroom apartment is between $739 and $903.
2020 Beckham County, 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||$535||$623||$821||$1,023||$1,188|
|Payment Standard Range||$482 to $589||$561 to $685||$739 to $903||$921 to $1,125||$1,069 to $1,307|
Sourced from federal housing data and AffordableHousingOnline.com research.
Beckham County, OK Affordable Housing Snapshot
|Total Affordable Apartment Properties||10|
|Total Low Income Apartments||495|
|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|
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.
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 $66,200
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 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||$13,900||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$43,700|
|50% of Median||$23,200||$26,500||$29,800||$33,100||$35,750||$38,400||$41,050||$43,700|
|80% of Median||$37,100||$42,400||$47,700||$52,950||$57,200||$61,450||$65,700||$69,900|
Cities In Beckham County
Select A City to View its Apartment Communities and Waiting Lists.
|Carter||The HUD funded Public Housing Agency that serves Carter is the Oklahoma Housing Finance Agency.|
|Elk City||The HUD funded Public Housing Agencies that serve Elk City are the Elk City Housing Authority and Oklahoma Housing Finance Agency.|
|Erick||The HUD funded Public Housing Agency that serves Erick is the Oklahoma Housing Finance Agency.|
|Sayre||The HUD funded Public Housing Agencies that serve Sayre are the Housing Authority of the City of Sayre and Oklahoma Housing Finance Agency.|
|Sweetwater||The HUD funded Public Housing Agency that serves Sweetwater is the Oklahoma Housing Finance Agency.|
|Texola||The HUD funded Public Housing Agency that serves Texola is the Oklahoma Housing Finance Agency.|