Low Income Apartments and Affordable Housing For Rent in Canadian County, OK

Discover affordable housing in Canadian County where there are 90+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Canadian County, Oklahoma
$20.66/hour
$13.41 (+185%) more than Oklahoma minimum wage and $13.41 (+185%) more than the Federal minimum wage.
Learn More About Canadian County, Oklahoma Affordable Housing ↓

What HUD offices serve Canadian County, Oklahoma?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Canadian County, Oklahoma.

Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Canadian County.

How many renters live in Canadian County, Oklahoma?

The County of Canadian County has 169,149 people living in 59,025 households.

There are 38,939 renters living in 14,594 renter households in this County. Renters make up 23.02 percent of the population living in Canadian County.

What is the rental market like in Canadian County, Oklahoma?

There are an estimated 62,129 housing units in the Canadian County area. Of these, 15,643 units are rental homes, making up 25 percent of the housing market. For every renter household in Canadian County, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Canadian County?

The rental vacancy rate in Canadian County is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Canadian County for each bedroom size?

Occupied Rental Units by Size in Canadian County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
216 2,352 4,304 5,880 989
Occupied Rental Units by Size in Canadian County

A large number of apartments in Canadian County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Canadian County are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 25 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Canadian County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $824 to $1,605. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $824
One BR $884
Two BR $1,091
Three BR $1,454
Four BR $1,605
2024 Fair Market Rents in Canadian County, Oklahoma

How many units are rented at Fair Market Rent (FMR) in Canadian County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 179 83 percent
One BR 1,459 62 percent
Two BR 2,221 52 percent
Rental Units Below FMR in Canadian County, Oklahoma

How many affordable rental units are in Canadian County?

There are a variety of federal affordable housing programs serving households in Canadian County, Oklahoma including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 934
Section 8 Project-Based Rental Assistance 63
Section 202 Supportive Housing for the Elderly 54
Section 811 Supportive Housing for Persons with Disabilities 18
Tracked Units by Federal Program in Canadian County, Oklahoma

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Canadian County, Oklahoma

Canadian County features 4,749 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 Canadian County, Oklahoma

There are 4,015 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Canadian County.

Housing Choice Vouchers in Canadian County, Oklahoma

On average, Section 8 Housing Choice vouchers pay Canadian County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Canadian County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Canadian County, Oklahoma for a two-bedroom apartment is between $982 and $1,200.

Sourced from federal housing data and AffordableHousingOnline.com research.