Affordable Housing In Jackson County
Oklahoma

6 Low Income Apartment Communities In Jackson County

Ridgecrest Apartments

1205 Springfield Dr
Altus, OK
Subsidized

Towers

101 E Commerce St
Altus, OK
62+
Accessible
Elderly Supportive Housing
HCV Welcome
Subsidized

Parkridge Estates

1220 Asalee St
Altus, OK
HCV Welcome
Subsidized

Northfork Village Apartments

620 McCall
Blair, OK
Subsidized

Eldorado Apartments

309 E Main St
Eldorado, OK
Subsidized

Farm Labor Housing

Victory & Frisco
Altus, OK
HCV Welcome
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Housing Authorities that serve Jackson County

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

Guide To Affordable Housing in Jackson County, Oklahoma

According to federal housing data and AffordableHousingOnline.com research, there are 6 low income housing apartment communities offering 202 affordable apartments for rent in Jackson County, Oklahoma. Jackson County features 192 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 10 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Jackson County.

Jackson County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 202
Total Housing Units with Rental Assistance 192
Percentage of Housing Units Occupied By Renters 41.3%
Average Renter Household Size 2.41
Average Household Size 2.48
Median Household Income $41,560 ±$2,135
Median Rent $708 ±$34
Percentage Of Renters Overburdened 38.36% ± 5.53pp
Total Population 26,056

Population and Household Demographics

Jackson County is a County in Oklahoma with a population of 26,056. There are 10,220 households in the county with an average household size of 2.48 persons. 41.3% of households in Jackson County are renters.

Income and Rent Overburden in Jackson County

The median gross income for households in Jackson County is $41,560 a year, or $3,463 a month. The median rent for the county is $708 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jackson County, a household making less than $2,360 a month would be considered overburdened when renting an apartment at or above the median rent. 38.36% of households who rent are overburdened in Jackson County.1

Area Median Income In Jackson 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 Jackson County, HUD calculates the Area Median Income for a family of four as $56,500

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 Jackson 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 Jackson County HUD Rental Assistance in Jackson 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 Jackson 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 2001, 2 low income apartment communities containing 88 rental apartments have been constructed and made affordable to low income persons in Jackson 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 Jackson 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 Jackson 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 Jackson 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
$491 $560 $703 $957 $1,149

Cities In Jackson County

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

City Listings Served By
Altus 4 The HUD funded Public Housing Agency that serves Altus is the Oklahoma Housing Finance Agency.
Eldorado 1 The HUD funded Public Housing Agency that serves Eldorado is the Oklahoma Housing Finance Agency.
Blair 1 The HUD funded Public Housing Agency that serves Blair is the Oklahoma Housing Finance Agency.
Olustee 0 The HUD funded Public Housing Agency that serves Olustee is the Oklahoma Housing Finance Agency.
Swifton 0 The HUD funded Public Housing Agency that serves Swifton is the Oklahoma Housing Finance Agency.
Tupelo 0 The HUD funded Public Housing Agency that serves Tupelo is the Oklahoma Housing Finance Agency.
Dodson Branch 0 The HUD funded Public Housing Agency that serves Dodson Branch is the Oklahoma Housing Finance Agency.
East Duke 0 The HUD funded Public Housing Agency that serves East Duke is the Oklahoma Housing Finance Agency.
Elmer 0 The HUD funded Public Housing Agency that serves Elmer is the Oklahoma Housing Finance Agency.
Friendship 0 The HUD funded Public Housing Agency that serves Friendship is the Oklahoma Housing Finance Agency.
Headrick 0 The HUD funded Public Housing Agency that serves Headrick is the Oklahoma Housing Finance Agency.
Martha 0 The HUD funded Public Housing Agency that serves Martha is the Oklahoma Housing Finance Agency.