Low Income Apartments and Affordable Housing For Rent in Lone Wolf, OK

Discover affordable housing in Lone Wolf 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.

900 Walker Cir

900 Walker Cir, Lone Wolf, Oklahoma 73655

payment Subsidized

How To Identify Affordable Housing in Lone Wolf, Oklahoma

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lone Wolf, 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 Lone Wolf, Oklahoma Affordable Housing ↓

What HUD offices serve Lone Wolf, 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 Lone Wolf, Oklahoma.

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

How many renters live in Lone Wolf, Oklahoma?

The City of Lone Wolf has people living in households.

There are renters living in renter households in this City. Renters make up 27.46 percent of the population living in Lone Wolf.

What is the rental market like in Lone Wolf, Oklahoma?

There are an estimated housing units in the Lone Wolf area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lone Wolf, Oklahoma, there are 1.35 rental units.

What is the vacancy rate for rentals in Lone Wolf?

The rental vacancy rate in Lone Wolf is 10 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 Lone Wolf for each bedroom size?

Occupied Rental Units by Size in Lone Wolf
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 14 21 16 0
Occupied Rental Units by Size in Lone Wolf

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

How Much Is Rent in Lone Wolf

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $677 to $1,270. 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 $1,077
Four BR $1,270
2024 Fair Market Rents in Lone Wolf, Oklahoma

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

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
One BR 13 93 percent
Two BR 21 100 percent
Rental Units Below FMR in Lone Wolf, Oklahoma

How many affordable rental units are in Lone Wolf?

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

Federal Program Unit Count
Public Housing
Tracked Units by Federal Program in Lone Wolf, Oklahoma

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

Income Based Apartments in Lone Wolf, Oklahoma

Lone Wolf features 25 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 Lone Wolf, Oklahoma

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

Housing Choice Vouchers in Lone Wolf, Oklahoma

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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