Affordable Housing In Garvin County
Oklahoma

19 Low Income Apartment Communities In Garvin County

Davis Village Apartments

100 Greer Dr
Davis, OK
HCV Welcome

Washita Valley Apartments II

RR 4
Lindsay, OK
HCV Welcome

Nhs Pauls Valley - Sf

Diffie Ln At Pawnee Ln
Pauls Valley, OK
HCV Welcome

Chapel Ridge

718 Pawnee Ln
Pauls Valley, OK
HCV Welcome

Washita Valley Apartments II

1303 W Cherokee St
Lindsay, OK
Subsidized

Sherman Park

401 N Clark Ave
Wynnewood, OK

Town Oak IV Apartments

100 Town Oaks
Pauls Valley, OK
Subsidized

300 Melville Dr

300 Melville Dr
Pauls Valley, OK

Stratford Ha

100 Thompson Dr
Stratford, OK

Housing Authorities that serve Garvin County

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

Other Housing Authorities located in Garvin County

Housing Authority Programs
Wynnewood Housing Authority Public Housing
Housing Authority of the Town of Stratford Public Housing
Housing Authority of the City of Pauls Valley Public Housing

Guide To Affordable Housing in Garvin County, Oklahoma

There are 19 low income housing apartment communities offering 692 affordable apartments for rent in Garvin County, Oklahoma. Garvin County features 345 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 347 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Garvin County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Garvin County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 692
Total Housing Units with Rental Assistance 345
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
Total Population 27,455

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.1

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 $55,300

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 Garvin County 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 $12,490 $16,910 $21,330 $25,750 $30,170 $33,100 $35,350 $37,650
50% of Median $19,950 $22,800 $25,650 $28,500 $30,800 $33,100 $35,350 $37,650
80% of Median $31,950 $36,500 $41,050 $45,600 $49,250 $52,900 $56,550 $60,200
Low Income Housing Tax Credits in Garvin County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1993 to 1996, 2 low income apartment communities containing 100 rental apartments have been constructed and made affordable to low income persons in Garvin County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Garvin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,950 $22,800 $25,650 $28,500 $30,800 $33,100 $35,350 $37,650
60% of Median $23,940 $27,360 $30,780 $34,200 $36,960 $39,720 $42,420 $45,180

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Garvin County is $30,780 a year, or $2,565 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,565 by 30% to get a maximum rent of $770 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $499 $534 $641 $741 $828 $913
60% $599 $641 $770 $890 $993 $1,095
Fair Market Rents in Garvin County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$541 $544 $686 $963 $1,154

Cities In Garvin County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Lindsay 3 The HUD funded Public Housing Agency that serves Lindsay is the Oklahoma Housing Finance Agency.
Maysville 3 The HUD funded Public Housing Agency that serves Maysville is the Oklahoma Housing Finance Agency.
Stratford 2 The HUD funded Public Housing Agencies that serve Stratford are the Housing Authority of the Town of Stratford and Oklahoma Housing Finance Agency.
Pauls Valley 5 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.
Wynnewood 2 The HUD funded Public Housing Agencies that serve Wynnewood are the Wynnewood Housing Authority and Oklahoma Housing Finance Agency.
Davis 4 The HUD funded Public Housing Agency that serves Davis is the Oklahoma Housing Finance Agency.
Elmore City 0 The HUD funded Public Housing Agency that serves Elmore City is the Oklahoma Housing Finance Agency.
Erin Springs 0 The HUD funded Public Housing Agency that serves Erin Springs is the Oklahoma Housing Finance Agency.
Foster 0 The HUD funded Public Housing Agency that serves Foster is the Oklahoma Housing Finance Agency.
Katie 0 The HUD funded Public Housing Agency that serves Katie is the Oklahoma Housing Finance Agency.
Paoli 0 The HUD funded Public Housing Agency that serves Paoli is the Oklahoma Housing Finance Agency.