Affordable Housing In Garvin County
18 Low Income Apartment Communities In Garvin County
Housing Authorities that serve Garvin County
|Oklahoma Housing Finance Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Garvin County, Oklahoma
There are 18 low income housing apartment communities offering 689 affordable apartments for rent in Garvin County, Oklahoma.
Income Based Apartments in Garvin County, Oklahoma
Garvin County features 360 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 Garvin County, Oklahoma
There are 329 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Garvin County.
Housing Choice Vouchers in Garvin County, Oklahoma
On average, Section 8 Housing Choice vouchers pay Garvin County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Garvin County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Garvin County, Oklahoma for a two-bedroom apartment is between $617 and $755.
2020 Garvin County, 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||$541||$544||$686||$963||$1,154|
|Payment Standard Range||$487 to $595||$490 to $598||$617 to $755||$867 to $1,059||$1,039 to $1,269|
Sourced from federal housing data and AffordableHousingOnline.com research.
Garvin County, OK Affordable Housing Snapshot
|Total Affordable Apartment Properties||18|
|Total Low Income Apartments||689|
|Total Housing Units with Rental Assistance||360|
|Percentage of Housing Units Occupied By Renters||30.59%|
|Average Renter Household Size||2.65|
|Average Household Size||2.57|
|Median Household Income||$40,524 ±$1,306|
|Median Rent||$598 ±$33|
|Percentage Of Renters Overburdened||27.76% ± 3.39pp|
Population and Household Demographics
Garvin County is a county in Oklahoma with a population of 27,455. There are 10,531 households in the county with an average household size of 2.57 persons. 30.59% of households in Garvin County are renters.
Income and Rent Overburden in Garvin County
The median gross income for households in Garvin County is $40,524 a year, or $3,377 a month. The median rent for the county is $598 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Garvin County, a household making less than $1,993 a month would be considered overburdened when renting an apartment at or above the median rent. 27.76% of households who rent are overburdened in Garvin County.
Area Median Income In Garvin County
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.
In Garvin County, HUD calculates the Area Median Income for a family of four as $57,000
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 Garvin County
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 HUD Rental Assistance in Garvin County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$33,200||$35,500||$37,800|
|50% of Median||$20,050||$22,900||$25,750||$28,600||$30,900||$33,200||$35,500||$37,800|
|80% of Median||$32,050||$36,600||$41,200||$45,750||$49,450||$53,100||$56,750||$60,400|
Cities In Garvin County
Select A City to View its Apartment Communities and Waiting Lists.
|Davis||The HUD funded Public Housing Agency that serves Davis is the Oklahoma Housing Finance Agency.|
|Elmore City||The HUD funded Public Housing Agency that serves Elmore City is the Oklahoma Housing Finance Agency.|
|Erin Springs||The HUD funded Public Housing Agency that serves Erin Springs is the Oklahoma Housing Finance Agency.|
|Foster||The HUD funded Public Housing Agency that serves Foster is the Oklahoma Housing Finance Agency.|
|Katie||The HUD funded Public Housing Agency that serves Katie is the Oklahoma Housing Finance Agency.|
|Lindsay||The HUD funded Public Housing Agency that serves Lindsay is the Oklahoma Housing Finance Agency.|
|Maysville||The HUD funded Public Housing Agency that serves Maysville is the Oklahoma Housing Finance Agency.|
|Paoli||The HUD funded Public Housing Agency that serves Paoli is the Oklahoma Housing Finance Agency.|
|Pauls Valley||The HUD funded Public Housing Agencies that serve Pauls Valley are the Housing Authority of the City of Pauls Valley and Oklahoma Housing Finance Agency.|
|Stratford||The HUD funded Public Housing Agencies that serve Stratford are the Housing Authority of the Town of Stratford and Oklahoma Housing Finance Agency.|
|Wynnewood||The HUD funded Public Housing Agencies that serve Wynnewood are the Wynnewood Housing Authority and Oklahoma Housing Finance Agency.|