Affordable Housing In Caddo County
Oklahoma
16 Low Income Apartment Communities In Caddo County
Elms, The
Anadarko Willows
Knox House and Texas House
Housing Authorities that serve Caddo County
| Housing Authority | Programs |
|---|---|
| Oklahoma Housing Finance Agency | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Caddo County, Oklahoma
There are 16 low income housing apartment communities offering 538 affordable apartments for rent in Caddo County, Oklahoma.
Income Based Apartments in Caddo County, Oklahoma
Caddo County features 375 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 Caddo County, Oklahoma
There are 163 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caddo County.
Housing Choice Vouchers in Caddo County, Oklahoma
On average, Section 8 Housing Choice vouchers pay Caddo County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Caddo County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Caddo County, Oklahoma for a two-bedroom apartment is between $655 and $801.
2021 Caddo 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 | |
|---|---|---|---|---|---|
| Caddo County, Oklahoma Fair Market Rent | $488 | $552 | $728 | $905 | $1,050 |
| Caddo County, Oklahoma Payment Standard Range | $439 to $537 | $497 to $607 | $655 to $801 | $815 to $996 | $945 to $1,155 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Caddo County, OK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 16 |
|---|---|
| Total Low Income Apartments | 538 |
| 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.
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 $58,400
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 HUD Rental Assistance in Caddo County
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Caddo County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$12,880 | $17,420 | $21,960 | $26,500 | $31,040 | $34,400 | $36,800 | $39,150 |
| 50% AMI Income Limits Renters earning up to 50% of the Caddo County AMI may qualify for rental assistance programs that target Very Low Income households. |
$20,800 | $23,750 | $26,700 | $29,650 | $32,050 | $34,400 | $36,800 | $39,150 |
| 80% AMI Income Limits Renters earning up to 80% of the Caddo County AMI may qualify for rental assistance programs that target Low Income households. |
$33,250 | $38,000 | $42,750 | $47,450 | $51,250 | $55,050 | $58,850 | $62,650 |
Cities In Caddo County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Anadarko | The HUD funded Public Housing Agencies that serve Anadarko are the Housing Authority of the City of Anadarko and Oklahoma Housing Finance Agency. |
| Apache | The HUD funded Public Housing Agencies that serve Apache are the Housing Authority of the Town of Apache and Oklahoma Housing Finance Agency. |
| Binger | The HUD funded Public Housing Agency that serves Binger is the Oklahoma Housing Finance Agency. |
| Bridgeport | The HUD funded Public Housing Agency that serves Bridgeport is the Oklahoma Housing Finance Agency. |
| Carnegie | The HUD funded Public Housing Agency that serves Carnegie is the Oklahoma Housing Finance Agency. |
| Cement | The HUD funded Public Housing Agency that serves Cement is the Oklahoma Housing Finance Agency. |
| Cyril | The HUD funded Public Housing Agencies that serve Cyril are the Housing Authority of the Town of Cyril and Oklahoma Housing Finance Agency. |
| Eakly | The HUD funded Public Housing Agency that serves Eakly is the Oklahoma Housing Finance Agency. |
| Fort Cobb | The HUD funded Public Housing Agency that serves Fort Cobb is the Oklahoma Housing Finance Agency. |
| Gracemont | The HUD funded Public Housing Agency that serves Gracemont is the Oklahoma Housing Finance Agency. |
| Hinton | The HUD funded Public Housing Agency that serves Hinton is the Oklahoma Housing Finance Agency. |
| Hydro | The HUD funded Public Housing Agencies that serve Hydro are the Hydro Housing Authority and Oklahoma Housing Finance Agency. |
| Lookeba | The HUD funded Public Housing Agency that serves Lookeba is the Oklahoma Housing Finance Agency. |
