Low Income Apartments and Affordable Housing For Rent in Marlow, OK

Discover affordable housing in Marlow 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.

Park Lane Apartments

120 W Ballpark Rd, Marlow, Oklahoma 73055

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Marlow, 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 Marlow, Oklahoma Affordable Housing ↓

What HUD offices serve Marlow, 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 Marlow, Oklahoma.

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

How many renters live in Marlow, Oklahoma?

The City of Marlow has 4,417 people living in 1,736 households.

There are 1,279 renters living in 437 renter households in this City. Renters make up 28.96 percent of the population living in Marlow.

What is the rental market like in Marlow, Oklahoma?

There are an estimated 2,025 housing units in the Marlow area. Of these, 469 units are rental homes, making up 23 percent of the housing market. For every renter household in Marlow, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Marlow?

The rental vacancy rate in Marlow is 7 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 Marlow for each bedroom size?

Occupied Rental Units by Size in Marlow
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 19 231 124 51
Occupied Rental Units by Size in Marlow

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

How many renter households in Marlow are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 8 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Marlow

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $734 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $734
One BR $739
Two BR $891
Three BR $1,256
Four BR $1,437
2024 Fair Market Rents in Marlow, Oklahoma

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

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
Studio 12 100 percent
One BR 18 95 percent
Two BR 157 68 percent
Rental Units Below FMR in Marlow, Oklahoma

How many affordable rental units are in Marlow?

Income Based Apartments in Marlow, Oklahoma

Marlow features 24 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 Marlow, Oklahoma

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

Housing Choice Vouchers in Marlow, Oklahoma

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.