Affordable Housing In Lincoln County
Oklahoma

10 Low Income Apartment Communities In Lincoln County

Prague Village Apartments

2209 8th St
Prague, OK
Income Based
1-2 BR
HCV Welcome
Subsidized

Chandler Village Apartments

601 E 15th St
Chandler, OK
Income Based
1-3 BR
HCV Welcome
Subsidized

Allison Park Apartments

620 Allison Ave
Chandler, OK
62+
Accessible
Subsidized

Parkland Town Homes

1823 Sherry Ln
Prague, OK
$405
2 BR
62+
HCV Welcome

Chandler Place Apartments

600 Brandon Rd
Chandler, OK
Call For Rent
1-3 BR
Subsidized

Greenridge Place Apartments

209 W Green St
Meeker, OK
Call For Rent
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Chandler Village Apartments Ltd

615 Brandon Rd
Chandler, OK

Wellston Village Apartments

100 N Ash St
Wellston, OK

517 Mitacek Ave

517 Mitacek Ave
Prague, OK

Meeker Village Apartments

400 Dover Cir
Meeker, OK
Subsidized
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Housing Authorities that serve Lincoln County

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

Other Housing Authorities located in Lincoln County

Housing Authority Programs
Housing Authority of Prague Public Housing
Housing Authority of the City of Stroud Public Housing

Guide To Affordable Housing in Lincoln County, Oklahoma

There are 10 low income housing apartment communities offering 413 affordable apartments for rent in Lincoln County, Oklahoma. Lincoln County features 297 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 116 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Lincoln County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Lincoln County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 413
Total Housing Units with Rental Assistance 297
Percentage of Housing Units Occupied By Renters 22.76%
Average Renter Household Size 2.52
Average Household Size 2.58
Median Household Income $45,149 ±$1,614
Median Rent $620 ±$18
Percentage Of Renters Overburdened 36.17% ± 5.42pp
Total Population 34,504

Population and Household Demographics

Lincoln County is a County in Oklahoma with a population of 34,504. There are 13,231 households in the county with an average household size of 2.58 persons. 22.76% of households in Lincoln County are renters.

Income and Rent Overburden in Lincoln County

The median gross income for households in Lincoln County is $45,149 a year, or $3,762 a month. The median rent for the county is $620 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln County, a household making less than $2,067 a month would be considered overburdened when renting an apartment at or above the median rent. 36.17% of households who rent are overburdened in Lincoln County.1

Area Median Income In Lincoln 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 Lincoln County, HUD calculates the Area Median Income for a family of four as $59,800

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 Lincoln 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 Lincoln County HUD Rental Assistance in Lincoln County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,600 $16,910 $21,330 $25,750 $30,170 $34,590 $37,100 $39,500
50% of Median $20,950 $23,950 $26,950 $29,900 $32,300 $34,700 $37,100 $39,500
80% of Median $33,500 $38,300 $43,100 $47,850 $51,700 $55,550 $59,350 $63,200
Low Income Housing Tax Credits in Lincoln 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 2009, 6 low income apartment communities containing 154 rental apartments have been constructed and made affordable to low income persons in Lincoln 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 Lincoln County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,950 $23,950 $26,950 $29,900 $32,300 $34,700 $37,100 $39,500
60% of Median $25,140 $28,740 $32,340 $35,880 $38,760 $41,640 $44,520 $47,400

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 Lincoln County is $32,340 a year, or $2,695 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,695 by 30% to get a maximum rent of $809 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% $524 $561 $674 $778 $868 $958
60% $629 $674 $809 $933 $1,041 $1,149
Fair Market Rents in Lincoln 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
$524 $527 $686 $942 $945

Cities In Lincoln County

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

City Listings Served By
Chandler 4 The HUD funded Public Housing Agency that serves Chandler is the Oklahoma Housing Finance Agency.
Meeker 2 The HUD funded Public Housing Agency that serves Meeker is the Oklahoma Housing Finance Agency.
Wellston 1 The HUD funded Public Housing Agency that serves Wellston is the Oklahoma Housing Finance Agency.
Prague 3 The HUD funded Public Housing Agencies that serve Prague are the Housing Authority of Prague and Oklahoma Housing Finance Agency.
Flintville 0 The HUD funded Public Housing Agency that serves Flintville is the Oklahoma Housing Finance Agency.
Agra 0 The HUD funded Public Housing Agency that serves Agra is the Oklahoma Housing Finance Agency.
Carney 0 The HUD funded Public Housing Agency that serves Carney is the Oklahoma Housing Finance Agency.
Davenport 0 The HUD funded Public Housing Agency that serves Davenport is the Oklahoma Housing Finance Agency.
Fallis 0 The HUD funded Public Housing Agency that serves Fallis is the Oklahoma Housing Finance Agency.
Kendrick 0 The HUD funded Public Housing Agency that serves Kendrick is the Oklahoma Housing Finance Agency.
Sparks 0 The HUD funded Public Housing Agency that serves Sparks is the Oklahoma Housing Finance Agency.
Tryon 0 The HUD funded Public Housing Agency that serves Tryon is the Oklahoma Housing Finance Agency.
Warwick 0 The HUD funded Public Housing Agency that serves Warwick is the Oklahoma Housing Finance Agency.