Affordable Housing In Jones
Oklahoma County, Oklahoma

2 Low Income Apartment Communities In Jones

Garden Walk of Jones

13302 E Britton Rd
Jones, Oklahoma
Call For Rent
1-3 BR
Accepts Vouchers

GardenWalk of Jones

13300 E. Britton Rd
Jones, Oklahoma
Call For Rent
1-3 BR
Accepts Vouchers
Accessible
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Housing Authorities that serve Jones

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

Guide To Affordable Housing in Jones, Oklahoma

There are 2 low income housing apartment communities offering 64 affordable apartments for rent in Jones, Oklahoma.

Income Based Apartments in Jones, Oklahoma

Jones features 0 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 Jones, Oklahoma

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jones.

Housing Choice Vouchers in Jones, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Jones, Oklahoma for a two-bedroom apartment is between $815 and $997.

2020 Jones, 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 $684 $724 $906 $1,231 $1,506
Payment Standard Range $616 to $752 $652 to $796 $815 to $997 $1,108 to $1,354 $1,355 to $1,657

Sourced from federal housing data and AffordableHousingOnline.com research.

Jones, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 64
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 22.24%
Average Renter Household Size 2.88
Average Household Size 2.74
Median Household Income $55,637 ±$2,897
Median Rent $794 ±$62
Percentage Of Renters Overburdened 19.64% ± 9.85pp
Total Population 2,860

Population and Household Demographics

Jones is a City in Oklahoma County, Oklahoma with a population of 2,860. There are 1,007 households in the city with an average household size of 2.74 persons. 22.24% of households in Jones are renters.

Income and Rent Overburden in Jones

The median gross income for households in Jones is $55,637 a year, or $4,636 a month. The median rent for the city is $794 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jones, a household making less than $2,647 a month would be considered overburdened when renting an apartment at or above the median rent. 19.64% of households who rent are overburdened in Jones.1

Area Median Income In Jones

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Jones, the AMI is calculated from all households within Oklahoma County.

In Jones, HUD calculates the Area Median Income for a family of four as $73,800

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 Jones

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 Jones

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,550 $17,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
80% of Median $41,350 $47,250 $53,150 $59,050 $63,800 $68,500 $73,250 $77,950