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

Discover affordable housing in Helena 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.

Hunter Green Apartments

220 W 5th St, Helena, Oklahoma 73741

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Helena, 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 Helena, Oklahoma Affordable Housing ↓

What HUD offices serve Helena, 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 Helena, Oklahoma.

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

How many renters live in Helena, Oklahoma?

The City of Helena has 1,459 people living in 129 households.

There are 71 renters living in 33 renter households in this City. Renters make up 4.87 percent of the population living in Helena.

What is the rental market like in Helena, Oklahoma?

There are an estimated 181 housing units in the Helena area. Of these, 38 units are rental homes, making up 21 percent of the housing market. For every renter household in Helena, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Helena?

The rental vacancy rate in Helena is 13 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 Helena for each bedroom size?

Occupied Rental Units by Size in Helena
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 22 11 0
Occupied Rental Units by Size in Helena

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

How many renter households in Helena are overburdened by housing costs?

Among renter households in this market, 21 percent have housing cost burden. Further, 0 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Helena

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,512. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $677
One BR $678
Two BR $891
Three BR $1,245
Four BR $1,512
2024 Fair Market Rents in Helena, Oklahoma

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

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 19 86 percent
Rental Units Below FMR in Helena, Oklahoma

How many affordable rental units are in Helena?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Helena, Oklahoma

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

Income Based Apartments in Helena, Oklahoma

Helena features 12 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 Helena, Oklahoma

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

Housing Choice Vouchers in Helena, Oklahoma

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.