Affordable Housing In Caddo County
Oklahoma

17 Low Income Apartment Communities In Caddo County

Westside Village Apartments

526 W Main St
Hinton, OK
Call For Rent
1-2 BR
Subsidized

Elms, The

319 W Oklahoma Ave
Anadarko, OK
Accessible
Disabled Supportive Housing
Subsidized

Anadarko Willows

901 Wells Dr
Anadarko, OK
Accessible
Disabled Supportive Housing
Subsidized

Knox House and Texas House

211 W Texas Ave
Anadarko, OK
Accessible
Disabled Supportive Housing
Subsidized

Cyril Village Apartments

10th & Ohio
Cyril, OK
HCV Welcome

Applegate Village Apartments

Hwy 281 N
Apache, OK
Subsidized

Iscani Subdivision to the City Of

1 Coronado Cir
Anadarko, OK
HCV Welcome

Cedar Ridge Apartments of Bing

403 W Locust St
Binger, OK
Subsidized

Bentley Village

N2490 Rd
Carnegie, OK
HCV Welcome

Cyril Village Apartments

400 W Ohio
Cyril, OK
Subsidized

Housing Authorities that serve Caddo County

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

Other Housing Authorities located in Caddo County

Housing Authority Programs
Housing Authority of the City of Anadarko Public Housing
Housing Authority of the Town of Apache Public Housing
Housing Authority of the Town of Cement Public Housing
Housing Authority of the Town of Cyril Public Housing
Hydro Housing Authority Public Housing
Housing Authority of the Town of Fort Cobb Public Housing
Housing Authority of the Caddo Electric Cooperativ Public Housing

Guide To Affordable Housing in Caddo County, Oklahoma

There are 17 low income housing apartment communities offering 558 affordable apartments for rent in Caddo County, Oklahoma. Caddo County features 375 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 183 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Caddo County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Caddo County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 558
Total Housing Units with Rental Assistance 375
Percentage of Housing Units Occupied By Renters 29.86%
Average Renter Household Size 2.85
Average Household Size 2.77
Median Household Income $40,674 ±$1,790
Median Rent $545 ±$20
Percentage Of Renters Overburdened 28.43% ± 3.86pp
Total Population 29,495

Population and Household Demographics

Caddo County is a County in Oklahoma with a population of 29,495. There are 10,202 households in the county with an average household size of 2.77 persons. 29.86% of households in Caddo County are renters.

Income and Rent Overburden in Caddo County

The median gross income for households in Caddo County is $40,674 a year, or $3,390 a month. The median rent for the county is $545 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Caddo County, a household making less than $1,817 a month would be considered overburdened when renting an apartment at or above the median rent. 28.43% of households who rent are overburdened in Caddo County.1

Area Median Income In Caddo 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 Caddo County, HUD calculates the Area Median Income for a family of four as $54,000

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 Caddo 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 Caddo County HUD Rental Assistance in Caddo County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $33,100 $35,350 $37,650
50% of Median $19,950 $22,800 $25,650 $28,500 $30,800 $33,100 $35,350 $37,650
80% of Median $31,950 $36,500 $41,050 $45,600 $49,250 $52,900 $56,550 $60,200
Low Income Housing Tax Credits in Caddo County

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

From 1994 to 2009, 5 low income apartment communities containing 325 rental apartments have been constructed and made affordable to low income persons in Caddo 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 Caddo County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,950 $22,800 $25,650 $28,500 $30,800 $33,100 $35,350 $37,650
60% of Median $23,940 $27,360 $30,780 $34,200 $36,960 $39,720 $42,420 $45,180

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 Caddo County is $30,780 a year, or $2,565 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,565 by 30% to get a maximum rent of $770 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% $499 $534 $641 $741 $828 $913
60% $599 $641 $770 $890 $993 $1,095
Fair Market Rents in Caddo 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
$467 $521 $686 $855 $994

Cities In Caddo County

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

City Listings Served By
Anadarko 7 The HUD funded Public Housing Agencies that serve Anadarko are the Housing Authority of the City of Anadarko and Oklahoma Housing Finance Agency.
Carnegie 3 The HUD funded Public Housing Agency that serves Carnegie is the Oklahoma Housing Finance Agency.
Hinton 2 The HUD funded Public Housing Agency that serves Hinton is the Oklahoma Housing Finance Agency.
Binger 1 The HUD funded Public Housing Agency that serves Binger is the Oklahoma Housing Finance Agency.
Cyril 2 The HUD funded Public Housing Agencies that serve Cyril are the Housing Authority of the Town of Cyril and Oklahoma Housing Finance Agency.
Apache 2 The HUD funded Public Housing Agencies that serve Apache are the Housing Authority of the Town of Apache and Oklahoma Housing Finance Agency.
Hydro 0 The HUD funded Public Housing Agencies that serve Hydro are the Hydro Housing Authority and Oklahoma Housing Finance Agency.
Bridgeport 0 The HUD funded Public Housing Agency that serves Bridgeport is the Oklahoma Housing Finance Agency.
Cement 0 The HUD funded Public Housing Agency that serves Cement is the Oklahoma Housing Finance Agency.
Eakly 0 The HUD funded Public Housing Agency that serves Eakly is the Oklahoma Housing Finance Agency.
Fort Cobb 0 The HUD funded Public Housing Agency that serves Fort Cobb is the Oklahoma Housing Finance Agency.
Gracemont 0 The HUD funded Public Housing Agency that serves Gracemont is the Oklahoma Housing Finance Agency.
Lookeba 0 The HUD funded Public Housing Agency that serves Lookeba is the Oklahoma Housing Finance Agency.