Affordable Housing In Logan County
Oklahoma
11 Low Income Apartment Communities In Logan County
Housing Authorities that serve Logan County
| Housing Authority | Programs |
|---|---|
| Oklahoma Housing Finance Agency | Section 8 Housing Choice Voucher (HCV) |
Other Housing Authorities located in Logan County
| Housing Authority | Programs |
|---|---|
| Guthrie Housing Authority | Public Housing |
| Housing Authority of the City of Langston | Public Housing |
Guide To Affordable Housing in Logan County, Oklahoma
There are 11 low income housing apartment communities offering 660 affordable apartments for rent in Logan County, Oklahoma. Logan County features 421 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 239 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Logan County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Logan County, OK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 11 |
|---|---|
| Total Low Income Apartments | 660 |
| Total Housing Units with Rental Assistance | 421 |
| Percentage of Housing Units Occupied By Renters | 20.92% |
| Average Renter Household Size | 2.76 |
| Average Household Size | 2.83 |
| Median Household Income | $55,299 ±$2,911 |
| Median Rent | $695 ±$33 |
| Percentage Of Renters Overburdened | 31.99% ± 5.2pp |
| Total Population | 44,493 |
Population and Household Demographics
Logan County is a County in Oklahoma with a population of 44,493. There are 15,091 households in the county with an average household size of 2.83 persons. 20.92% of households in Logan County are renters.
Income and Rent Overburden in Logan County
The median gross income for households in Logan County is $55,299 a year, or $4,608 a month. The median rent for the county is $695 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Logan County, a household making less than $2,317 a month would be considered overburdened when renting an apartment at or above the median rent. 31.99% of households who rent are overburdened in Logan County.1
Area Median Income In Logan 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 Logan County, 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 Logan 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 Logan County HUD Rental Assistance in Logan County
| 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 |
Low Income Housing Tax Credits in Logan County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1996 to 2011, 5 low income apartment communities containing 196 rental apartments have been constructed and made affordable to low income persons in Logan 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 Logan County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $25,850 | $29,550 | $33,250 | $36,900 | $39,900 | $42,850 | $45,800 | $48,750 |
| 60% of Median | $31,020 | $35,460 | $39,900 | $44,280 | $47,880 | $51,420 | $54,960 | $58,500 |
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 Logan County is $39,900 a year, or $3,325 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,325 by 30% to get a maximum rent of $998 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% | $646 | $693 | $831 | $960 | $1,071 | $1,182 |
| 60% | $776 | $831 | $998 | $1,152 | $1,286 | $1,418 |
Fair Market Rents in Logan 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 |
|---|---|---|---|---|
| $684 | $724 | $906 | $1,231 | $1,506 |
Cities In Logan County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Guthrie | 10 | The HUD funded Public Housing Agencies that serve Guthrie are the Guthrie Housing Authority and Oklahoma Housing Finance Agency. |
| Crescent | 1 | The HUD funded Public Housing Agency that serves Crescent is the Oklahoma Housing Finance Agency. |
| Langston | 0 | The HUD funded Public Housing Agency that serves Langston is the Oklahoma Housing Finance Agency. |
| Caulksville | 0 | The HUD funded Public Housing Agency that serves Caulksville is the Oklahoma Housing Finance Agency. |
| Scranton | 0 | The HUD funded Public Housing Agency that serves Scranton is the Oklahoma Housing Finance Agency. |
| Cedar Valley | 0 | The HUD funded Public Housing Agency that serves Cedar Valley is the Oklahoma Housing Finance Agency. |
| Cimarron City | 0 | The HUD funded Public Housing Agency that serves Cimarron City is the Oklahoma Housing Finance Agency. |
| Coyle | 0 | The HUD funded Public Housing Agency that serves Coyle is the Oklahoma Housing Finance Agency. |
| Marshall | 0 | The HUD funded Public Housing Agency that serves Marshall is the Oklahoma Housing Finance Agency. |
| Meridian | 0 | The HUD funded Public Housing Agency that serves Meridian is the Oklahoma Housing Finance Agency. |
| Mulhall | 0 | The HUD funded Public Housing Agency that serves Mulhall is the Oklahoma Housing Finance Agency. |
| Orlando | 0 | The HUD funded Public Housing Agency that serves Orlando is the Oklahoma Housing Finance Agency. |
