Drumright Place Apartments

700 E Walnut St, Drumright, Oklahoma 74030

Drumright Place Apartments offer 1, 2, and 3 bedroom pet friendly apartments with central heat and central air. This community features a HC accessible entrance.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 643 Call for Price
2 Bedroom (2/1) 836 Call for Price
3 Bedroom (3/1) 1,032 Call for Price

Drumright Place Apartments Details

  • 24 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • Pet Friendly
  • Open Parking

Unit Amenities

  • Washer/Dryer Hookup
  • Cable Ready
  • Patio, Deck Or Balcony
  • Central Heat & Air

Office Hours

Day Hours
Monday 9:00am-3:00pm
Tuesday 9:00am-3:00pm
Wednesday 9:00am-3:00pm
Thursday 9:00am-3:00pm
Friday 9:00am-3:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Drumright HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Drumright but actual income limits may differ for units at Drumright Place Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,150 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $25,200 $28,800 $32,400 $36,000 $38,900 $41,800 $44,650 $47,550
80% $40,350 $46,100 $51,850 $57,600 $62,250 $66,850 $71,450 $76,050

Drumright Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Drumright but actual income limits may differ for units at Drumright Place Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,200 $28,800 $32,400 $36,000 $38,900 $41,800 $44,650 $47,550
Low Income (60%) $30,240 $34,560 $38,880 $43,200 $46,680 $50,160 $53,580 $57,060

Drumright Place Apartments is managed by Green Companies Development Group, Inc.

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Image of Drumright Place Apartments
Image of Drumright Place Apartments