Low Income Apartments and Affordable Housing For Rent in Davis, OK

Discover affordable housing in Davis where there are 3+ 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.

Davis Village Apartments

100 N Marvin Davis, Davis, Oklahoma 73030

The Villas of Hanover

150 Hanover Road, Davis, Oklahoma 73030

Washita Plains

Cherry Road, Davis, South Carolina 73030

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Davis, Oklahoma
$17.25/hour
$10.00 (+138%) more than Oklahoma minimum wage and $10.00 (+138%) more than the Federal minimum wage.
Learn More About Davis, Oklahoma Affordable Housing ↓

What HUD offices serve Davis, 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 Davis, Oklahoma.

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

How many renters live in Davis, Oklahoma?

The City of Davis has 2,821 people living in 1,062 households.

There are 1,224 renters living in 480 renter households in this City. Renters make up 43.39 percent of the population living in Davis.

What is the rental market like in Davis, Oklahoma?

There are an estimated 1,265 housing units in the Davis area. Of these, 511 units are rental homes, making up 40 percent of the housing market. For every renter household in Davis, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Davis?

The rental vacancy rate in Davis is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Davis for each bedroom size?

Occupied Rental Units by Size in Davis
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
53 19 247 155 6
Occupied Rental Units by Size in Davis

A large number of apartments in Davis 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 Davis are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 5 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 Davis

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,465. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $678
Two BR $891
Three BR $1,159
Four BR $1,465
2024 Fair Market Rents in Davis, Oklahoma

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

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 34 64 percent
One BR 16 84 percent
Two BR 162 66 percent
Rental Units Below FMR in Davis, Oklahoma

How many affordable rental units are in Davis?

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

Federal Program Unit Count
Low Income Housing Tax Credit 36
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Davis, Oklahoma

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

Income Based Apartments in Davis, Oklahoma

Davis features 44 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 Davis, Oklahoma

There are 21 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Davis.

Housing Choice Vouchers in Davis, Oklahoma

On average, Section 8 Housing Choice vouchers pay Davis landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Davis.

The maximum amount a voucher would pay on behalf of a low-income tenant in Davis, Oklahoma for a two-bedroom apartment is between $820 and $1,002.

Sourced from federal housing data and AffordableHousingOnline.com research.