Affordable Housing In Edmond
Oklahoma County, Oklahoma

11 Low Income Apartment Communities In Edmond

College View 236 Apartments

1124 Kennedy Ave
Edmond, OK
Call For Rent
1-3 BR
Subsidized

Capitol Square Villas

NE 26th & Kelley Avenue
Edmond, OK
Income Based
2-3 BR
Accepts Vouchers

Villas of Edmond

1100 South Kelly Avenue
Edmond, OK
Call For Rent
1-2 BR
Accepts Vouchers
Accessible
Accessible
62+

Rolling Green Apartments

400 E Danforth Rd
Edmond, OK
Call For Rent
1-3 BR
Subsidized

Oklahoma Christian Disciples Apartments

325 Enz Dr
Edmond, OK
Subsidized
62+
Accessible
Elderly Supportive Housing

Brookstone Park ( Aka Edmond Ho

500 Brad St
Edmond, OK
Accepts Vouchers

Senior Residences of Edmond

1335 E Ayers St
Edmond, OK
Accepts Vouchers

Crownridge Apartments

2500 Thomas Dr
Edmond, OK
Accepts Vouchers

Apple Village Apartments

301 Dennis St
Edmond, OK
Accepts Vouchers

Rosewood Manor

800 S Kelly Ave
Edmond, OK
Accepts Vouchers

Housing Authorities that serve Edmond

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

Guide To Affordable Housing in Edmond, Oklahoma

There are 11 low income housing apartment communities offering 1,123 affordable apartments for rent in Edmond, Oklahoma.

Income Based Apartments in Edmond, Oklahoma

Edmond features 403 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 Edmond, Oklahoma

There are 720 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edmond.

Housing Choice Vouchers in Edmond, Oklahoma

On average, Section 8 Housing Choice vouchers pay Edmond landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Edmond.

The maximum amount a voucher would pay on behalf of a low-income tenant in Edmond, Oklahoma for a two-bedroom apartment is between $815 and $997.

2020 Edmond, Oklahoma Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $684 $724 $906 $1,231 $1,506
Payment Standard Range $616 to $752 $652 to $796 $815 to $997 $1,108 to $1,354 $1,355 to $1,657

Sourced from federal housing data and AffordableHousingOnline.com research.

Edmond, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 1,123
Total Housing Units with Rental Assistance 403
Percentage of Housing Units Occupied By Renters 30.39%
Average Renter Household Size 2.40
Average Household Size 2.61
Median Household Income $71,974 ±$2,601
Median Rent $927 ±$27
Percentage Of Renters Overburdened 47.45% ± 3.87pp
Total Population 86,739

Population and Household Demographics

Edmond is a City in Oklahoma County, Oklahoma with a population of 86,739. There are 32,601 households in the city with an average household size of 2.61 persons. 30.39% of households in Edmond are renters.

Income and Rent Overburden in Edmond

The median gross income for households in Edmond is $71,974 a year, or $5,998 a month. The median rent for the city is $927 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Edmond, a household making less than $3,090 a month would be considered overburdened when renting an apartment at or above the median rent. 47.45% of households who rent are overburdened in Edmond.1

Area Median Income In Edmond

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Edmond, the AMI is calculated from all households within Oklahoma County.

In Edmond, HUD calculates the Area Median Income for a family of four as $73,800

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 Edmond

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 Edmond HUD Rental Assistance in Edmond

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,550 $17,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
80% of Median $41,350 $47,250 $53,150 $59,050 $63,800 $68,500 $73,250 $77,950