Affordable Housing In Canadian County
Oklahoma

92 Low Income Apartment Communities In Canadian County

Intrada El Reno

319 S Grand Ave
El Reno, OK
$480-590
1-2 BR
HCV Welcome

Southwoods

3308 SW 44th St
Oklahoma City, OK
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Brooke Village Senior Apartments

1401 SW 89th St
Oklahoma City, OK
Call For Rent
2 BR
62+
HCV Welcome

Ashton on the Green

2501 Ashton Pl
El Reno, OK
$530-650
1-2 BR
55+
Accessible
HCV Welcome

Mt. Olive Senior

3856 North Kelley Avenue
Oklahoma City, OK
Income Based
1 BR
62+

Meadow Cliff Apartments I & II

7507 S Ross Ave
Oklahoma City, OK
Call For Rent
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Classen Senior Center Apartments

913 NW 12th St
Oklahoma City, OK
Call For Rent
Studio-1 BR
62+

London Square Village

7533 NW 6th St.
Oklahoma City, OK
Call For Rent
1-3 BR
Subsidized

Oak Grove

3301 SW 17th St
Oklahoma City, OK
Call For Rent
1-5 BR

Ambassador Courts

800 SE 15th St.
Oklahoma City, OK
Call For Rent
1-5 BR

Housing Authorities that serve Canadian County

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

Guide To Affordable Housing in Canadian County, Oklahoma

There are 92 low income housing apartment communities offering 8,880 affordable apartments for rent in Canadian County, Oklahoma. Canadian County features 4,211 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 4,609 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Canadian County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Canadian County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 92
Total Low Income Apartments 8,880
Total Housing Units with Rental Assistance 4,211
Percentage of Housing Units Occupied By Renters 23.07%
Average Renter Household Size 2.75
Average Household Size 2.88
Median Household Income $64,505 ±$1,511
Median Rent $886 ±$41
Percentage Of Renters Overburdened 34.22% ± 3.43pp
Total Population 126,193

Population and Household Demographics

Canadian County is a County in Oklahoma with a population of 126,193. There are 43,063 households in the county with an average household size of 2.88 persons. 23.07% of households in Canadian County are renters.

Income and Rent Overburden in Canadian County

The median gross income for households in Canadian County is $64,505 a year, or $5,375 a month. The median rent for the county is $886 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Canadian County, a household making less than $2,953 a month would be considered overburdened when renting an apartment at or above the median rent. 34.22% of households who rent are overburdened in Canadian County.1

Area Median Income In Canadian 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 Canadian County, HUD calculates the Area Median Income for a family of four as $73,800

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 Canadian 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 Canadian County HUD Rental Assistance in Canadian County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,550 $17,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
80% of Median $41,350 $47,250 $53,150 $59,050 $63,800 $68,500 $73,250 $77,950
Low Income Housing Tax Credits in Canadian 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 2011, 35 low income apartment communities containing 4,884 rental apartments have been constructed and made affordable to low income persons in Canadian 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 Canadian County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
60% of Median $31,020 $35,460 $39,900 $44,280 $47,880 $51,420 $54,960 $58,500

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 Canadian County is $39,900 a year, or $3,325 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,325 by 30% to get a maximum rent of $998 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% $646 $693 $831 $960 $1,071 $1,182
60% $776 $831 $998 $1,152 $1,286 $1,418
Fair Market Rents in Canadian 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
$684 $724 $906 $1,231 $1,506

Cities In Canadian County

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

City Listings Served By
Yukon 8 The HUD funded Public Housing Agency that serves Yukon is the Oklahoma Housing Finance Agency.
El Reno 8 The HUD funded Public Housing Agency that serves El Reno is the Oklahoma Housing Finance Agency.
Okarche 1 The HUD funded Public Housing Agency that serves Okarche is the Oklahoma Housing Finance Agency.
Mustang 3 The HUD funded Public Housing Agency that serves Mustang is the Oklahoma Housing Finance Agency.
Calumet 0 The HUD funded Public Housing Agency that serves Calumet is the Oklahoma Housing Finance Agency.
Piedmont 0 The HUD funded Public Housing Agency that serves Piedmont is the Oklahoma Housing Finance Agency.
Union City 0 The HUD funded Public Housing Agency that serves Union City is the Oklahoma Housing Finance Agency.
Oklahoma City 81 The HUD funded Public Housing Agencies that serve Oklahoma City are the Oklahoma City Housing Authority and Oklahoma Housing Finance Agency.