Affordable Housing In Carter County
Oklahoma

14 Low Income Apartment Communities In Carter County

Savannah Park of Healdton

1310 SW 8th
Healdton, OK
Call For Rent
1-2 BR
HCV Welcome
Subsidized

Arbuckle Ridge Apartments of Wilson

629 NW 3rd St
Wilson, OK
Call For Rent
1-2 BR
Subsidized

The Keys

106 3rd Ave SW
Ardmore, OK
Accessible
Disabled Supportive Housing
Subsidized

Lakeview Apartments At Ardmore

1902 Knox Rd
Ardmore, OK
Call For Rent
1-3 BR
HCV Welcome

Ardmore Village

1550 Knox Rd
Ardmore, OK
62+
Accessible
Elderly Supportive Housing
Subsidized

Ardmore Village Phase III

1550 Knox Rd
Ardmore, OK
62+
Accessible
Elderly Supportive Housing
Subsidized

Columbia Crossing

1405 4th Avenue NW
Ardmore, OK
HCV Welcome

Pecan Creek Rolling Meadows of Ardmore

2800 12th St NW
Ardmore, OK
Subsidized

Dunbar Heritage Apartments

27 G St SE
Ardmore, OK
62+
Accessible
Elderly Supportive Housing
Subsidized

Willow Brook Apartments Inc

115 Monroe St NE
Ardmore, OK
Subsidized

Housing Authorities that serve Carter County

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

Guide To Affordable Housing in Carter County, Oklahoma

According to federal housing data and AffordableHousingOnline.com research, there are 14 low income housing apartment communities offering 760 affordable apartments for rent in Carter County, Oklahoma. Carter County features 371 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 389 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Carter County.

Carter County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 760
Total Housing Units with Rental Assistance 371
Percentage of Housing Units Occupied By Renters 30.08%
Average Renter Household Size 2.65
Average Household Size 2.67
Median Household Income $44,531 ±$2,099
Median Rent $676 ±$23
Percentage Of Renters Overburdened 34.05% ± 3.51pp
Total Population 48,442

Population and Household Demographics

Carter County is a County in Oklahoma with a population of 48,442. There are 17,867 households in the county with an average household size of 2.67 persons. 30.08% of households in Carter County are renters.

Income and Rent Overburden in Carter County

The median gross income for households in Carter County is $44,531 a year, or $3,711 a month. The median rent for the county is $676 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carter County, a household making less than $2,253 a month would be considered overburdened when renting an apartment at or above the median rent. 34.05% of households who rent are overburdened in Carter County.1

Area Median Income In Carter 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 Carter County, HUD calculates the Area Median Income for a family of four as $62,800

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 Carter 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 Carter County HUD Rental Assistance in Carter County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,200 $16,910 $21,330 $25,750 $30,170 $34,590 $38,950 $41,450
50% of Median $22,000 $25,150 $28,300 $31,400 $33,950 $36,450 $38,950 $41,450
80% of Median $35,200 $40,200 $45,250 $50,250 $54,300 $58,300 $62,350 $66,350
Low Income Housing Tax Credits in Carter County

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

From 2004 to 2011, 3 low income apartment communities containing 255 rental apartments have been constructed and made affordable to low income persons in Carter 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 Carter County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,000 $25,150 $28,300 $31,400 $33,950 $36,450 $38,950 $41,450
60% of Median $26,400 $30,180 $33,960 $37,680 $40,740 $43,740 $46,740 $49,740

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 Carter County is $33,960 a year, or $2,830 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,830 by 30% to get a maximum rent of $849 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% $550 $589 $708 $817 $911 $1,005
60% $660 $707 $849 $980 $1,094 $1,206
Fair Market Rents in Carter 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
$570 $601 $717 $893 $971

Cities In Carter County

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

City Listings Served By
Ardmore 10 The HUD funded Public Housing Agency that serves Ardmore is the Oklahoma Housing Finance Agency.
Lone Grove 1 The HUD funded Public Housing Agency that serves Lone Grove is the Oklahoma Housing Finance Agency.
Healdton 2 The HUD funded Public Housing Agency that serves Healdton is the Oklahoma Housing Finance Agency.
Wilson 1 The HUD funded Public Housing Agency that serves Wilson is the Oklahoma Housing Finance Agency.
Dickson 0 The HUD funded Public Housing Agency that serves Dickson is the Oklahoma Housing Finance Agency.
Gene Autry 0 The HUD funded Public Housing Agency that serves Gene Autry is the Oklahoma Housing Finance Agency.
Ratliff City 0 The HUD funded Public Housing Agency that serves Ratliff City is the Oklahoma Housing Finance Agency.
Springer 0 The HUD funded Public Housing Agency that serves Springer is the Oklahoma Housing Finance Agency.
Tatums 0 The HUD funded Public Housing Agency that serves Tatums is the Oklahoma Housing Finance Agency.