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Affordable Housing In Manitou
Tillman County, Oklahoma

Housing Authorities that serve Manitou

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

Guide To Affordable Housing in Manitou, Oklahoma

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Manitou, Oklahoma.

Income Based Apartments in Manitou, Oklahoma

Manitou 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 Manitou, Oklahoma

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

Housing Choice Vouchers in Manitou, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Manitou, Oklahoma for a two-bedroom apartment is between $617 and $755.

2020 Manitou, 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 $511 $538 $686 $895 $993
Payment Standard Range $460 to $562 $484 to $592 $617 to $755 $806 to $985 $894 to $1,092

Sourced from federal housing data and AffordableHousingOnline.com research.

Manitou, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 42.5%
Average Renter Household Size 2.26
Average Household Size 2.16
Median Household Income $24,250 ±$7,876
Median Rent $589 ±$319
Percentage Of Renters Overburdened 58.82% ± 50.25pp
Total Population 228

Population and Household Demographics

Manitou is a city in Tillman County, Oklahoma with a population of 228. There are 80 households in the city with an average household size of 2.16 persons. 42.5% of households in Manitou are renters.

Income and Rent Overburden in Manitou

The median gross income for households in Manitou is $24,250 a year, or $2,021 a month. The median rent for the city is $589 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Manitou, a household making less than $1,963 a month would be considered overburdened when renting an apartment at or above the median rent. 58.82% of households who rent are overburdened in Manitou.

Area Median Income In Manitou

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 Manitou, the AMI is calculated from all households within Tillman County.

In Manitou, HUD calculates the Area Median Income for a family of four as $52,700

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 Manitou

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 Manitou

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $30,680 $33,200 $35,500 $37,800
50% of Median $20,050 $22,900 $25,750 $28,600 $30,900 $33,200 $35,500 $37,800
80% of Median $32,050 $36,600 $41,200 $45,750 $49,450 $53,100 $56,750 $60,400