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

Discover affordable housing in Frederick where there are 1+ 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.

Great Plains Apartments

600 S 15th St, Frederick, Oklahoma 73542

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

How To Identify Affordable Housing in Frederick, Oklahoma

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Frederick, Oklahoma
$16.88/hour
$9.63 (+133%) more than Oklahoma minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Frederick, Oklahoma Affordable Housing ↓

What HUD offices serve Frederick, 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 Frederick, Oklahoma.

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

How many renters live in Frederick, Oklahoma?

The City of Frederick has people living in households.

There are renters living in renter households in this City. Renters make up 25.76 percent of the population living in Frederick.

What is the rental market like in Frederick, Oklahoma?

There are an estimated housing units in the Frederick area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Frederick, Oklahoma, there are 1.03 rental units.

What is the vacancy rate for rentals in Frederick?

The rental vacancy rate in Frederick is 3 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 Frederick for each bedroom size?

Occupied Rental Units by Size in Frederick
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 24 211 142 0
Occupied Rental Units by Size in Frederick

A large number of apartments in Frederick have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Frederick

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,379. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $677
One BR $794
Two BR $891
Three BR $1,155
Four BR $1,379
2024 Fair Market Rents in Frederick, Oklahoma

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

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
One BR 15 63 percent
Two BR 169 80 percent
Rental Units Below FMR in Frederick, Oklahoma

How many affordable rental units are in Frederick?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Frederick, Oklahoma

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

Income Based Apartments in Frederick, Oklahoma

Frederick features 24 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 Frederick, Oklahoma

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Frederick.

Housing Choice Vouchers in Frederick, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Frederick, Oklahoma for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.

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