Affordable Housing In Custer County
Oklahoma

7 Low Income Apartment Communities In Custer County

The Estates of Weatherford

3601 Centurion
Weatherford, OK
$453-649
1-2 BR
62+
HCV Welcome

Forrest Lane Apartments

109 Forrest Ln
Clinton, OK
62+
Subsidized

Van Horn Manor

900 Gartrell Pl
Weatherford, OK
62+
Accessible
Elderly Supportive Housing
Subsidized

University Park IIi

105 W University Dr
Weatherford, OK
Subsidized

Summerfield Village

507 Locust St
Custer City, OK
HCV Welcome

Summerfield Village Apartments

501 Elm St
Custer City, OK
Subsidized

University Crossing

105 University Crossing
Weatherford, OK
HCV Welcome
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Housing Authorities that serve Custer County

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

Guide To Affordable Housing in Custer County, Oklahoma

There are 7 low income housing apartment communities offering 252 affordable apartments for rent in Custer County, Oklahoma. Custer County features 152 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 100 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Custer County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Custer County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 252
Total Housing Units with Rental Assistance 152
Percentage of Housing Units Occupied By Renters 40.28%
Average Renter Household Size 2.54
Average Household Size 2.63
Median Household Income $46,125 ±$2,850
Median Rent $625 ±$33
Percentage Of Renters Overburdened 35.11% ± 6.68pp
Total Population 28,978

Population and Household Demographics

Custer County is a County in Oklahoma with a population of 28,978. There are 10,364 households in the county with an average household size of 2.63 persons. 40.28% of households in Custer County are renters.

Income and Rent Overburden in Custer County

The median gross income for households in Custer County is $46,125 a year, or $3,844 a month. The median rent for the county is $625 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Custer County, a household making less than $2,083 a month would be considered overburdened when renting an apartment at or above the median rent. 35.11% of households who rent are overburdened in Custer County.1

Area Median Income In Custer 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 Custer County, HUD calculates the Area Median Income for a family of four as $59,700

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 Custer 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 Custer County HUD Rental Assistance in Custer County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,550 $16,910 $21,330 $25,750 $30,170 $34,590 $37,050 $39,450
50% of Median $20,900 $23,900 $26,900 $29,850 $32,250 $34,650 $37,050 $39,450
80% of Median $33,450 $38,200 $43,000 $47,750 $51,600 $55,400 $59,250 $63,050
Low Income Housing Tax Credits in Custer 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 2000, 2 low income apartment communities containing 62 rental apartments have been constructed and made affordable to low income persons in Custer 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 Custer County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,900 $23,900 $26,900 $29,850 $32,250 $34,650 $37,050 $39,450
60% of Median $25,080 $28,680 $32,280 $35,820 $38,700 $41,580 $44,460 $47,340

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 Custer County is $32,280 a year, or $2,690 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,690 by 30% to get a maximum rent of $807 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% $523 $560 $673 $776 $866 $956
60% $627 $672 $807 $932 $1,040 $1,148
Fair Market Rents in Custer 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
$511 $558 $686 $975 $1,204

Cities In Custer County

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

City Listings Served By
Clinton 1 The HUD funded Public Housing Agency that serves Clinton is the Oklahoma Housing Finance Agency.
Weatherford 4 The HUD funded Public Housing Agency that serves Weatherford is the Oklahoma Housing Finance Agency.
Thomas 0 The HUD funded Public Housing Agency that serves Thomas is the Oklahoma Housing Finance Agency.
Custer City 2 The HUD funded Public Housing Agency that serves Custer City is the Oklahoma Housing Finance Agency.
Arapaho 0 The HUD funded Public Housing Agency that serves Arapaho is the Oklahoma Housing Finance Agency.
Butler 0 The HUD funded Public Housing Agency that serves Butler is the Oklahoma Housing Finance Agency.
Hammon 0 The HUD funded Public Housing Agency that serves Hammon is the Oklahoma Housing Finance Agency.