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

Discover affordable housing in Maud 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.

202 S Martha St

202 S Martha St, Maud, Oklahoma 74854

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Maud, Oklahoma
$17.31/hour
$10.06 (+139%) more than Oklahoma minimum wage and $10.06 (+139%) more than the Federal minimum wage.
Learn More About Maud, Oklahoma Affordable Housing ↓

What HUD offices serve Maud, 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 Maud, Oklahoma.

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

How many renters live in Maud, Oklahoma?

The City of Maud has 872 people living in 297 households.

There are 217 renters living in 80 renter households in this City. Renters make up 24.89 percent of the population living in Maud.

What is the rental market like in Maud, Oklahoma?

There are an estimated 403 housing units in the Maud area. Of these, 89 units are rental homes, making up 22 percent of the housing market. For every renter household in Maud, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Maud?

The rental vacancy rate in Maud is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Maud for each bedroom size?

Occupied Rental Units by Size in Maud
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 18 27 26 8
Occupied Rental Units by Size in Maud

A large number of apartments in Maud 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 Maud are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 0 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 Maud

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $620 to $1,371. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $620
One BR $704
Two BR $914
Three BR $1,206
Four BR $1,371
2024 Fair Market Rents in Maud, Oklahoma

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

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 18 100 percent
Two BR 21 78 percent
Rental Units Below FMR in Maud, Oklahoma

How many affordable rental units are in Maud?

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

Federal Program Unit Count
Public Housing 42
Tracked Units by Federal Program in Maud, Oklahoma

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

Income Based Apartments in Maud, Oklahoma

Maud features 42 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 Maud, Oklahoma

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

Housing Choice Vouchers in Maud, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Maud, Oklahoma for a two-bedroom apartment is between $823 and $1,005.

Sourced from federal housing data and AffordableHousingOnline.com research.