What HUD offices serve Felt, 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.
Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Felt.
How many renters live in Felt, Oklahoma?
The City of Felt has people living in households.
There are renters living in renter households in this City. Renters make up 19.23 percent of the population living in Felt.
What is the rental market like in Felt, Oklahoma?
There are an estimated housing units in the Felt area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Felt, Oklahoma, there are 1.75 rental units.
What is the vacancy rate for rentals in Felt?
The rental vacancy rate in Felt is 43 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Felt for each bedroom size?
Occupied Rental Units by Size in Felt
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 0 | 1 | 3 | 0 |
Occupied Rental Units by Size in Felt
A large number of apartments in Felt have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Felt?
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 |
Two BR | 1 | 100 percent |
Rental Units Below FMR in Felt, Oklahoma
How many affordable rental units are in Felt?
There are a variety of federal affordable housing programs serving households in Felt, Oklahoma including the following:
Federal Program | Unit Count |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Felt, Oklahoma
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Felt, Oklahoma
Felt features 8 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 Felt, Oklahoma
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Felt.
Housing Choice Vouchers in Felt, Oklahoma
On average, Section 8 Housing Choice vouchers pay Felt landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Felt.
The maximum amount a voucher would pay on behalf of a low-income tenant in Felt, Oklahoma for a two-bedroom apartment is between $802 and $980.
Sourced from federal housing data and AffordableHousingOnline.com research.