Affordable Housing In McClain County
3 Low Income Apartment Communities In McClain County
Housing Authorities that serve McClain County
|Oklahoma Housing Finance Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in McClain County, Oklahoma
There are 3 low income housing apartment communities offering 141 affordable apartments for rent in McClain County, Oklahoma.
Income Based Apartments in McClain County, Oklahoma
McClain County 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 McClain County, Oklahoma
There are 141 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McClain County.
Housing Choice Vouchers in McClain County, Oklahoma
On average, Section 8 Housing Choice vouchers pay McClain County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in McClain County.
The maximum amount a voucher would pay on behalf of a low-income tenant in McClain County, Oklahoma for a two-bedroom apartment is between $826 and $1,010.
2021 McClain County, 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|
|McClain County, Oklahoma Fair Market Rent||$705||$738||$918||$1,238||$1,488|
|McClain County, Oklahoma Payment Standard Range||$635 to $776||$664 to $812||$826 to $1,010||$1,114 to $1,362||$1,339 to $1,637|
Sourced from federal housing data and AffordableHousingOnline.com research.
McClain County, OK Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||141|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||19.79%|
|Average Renter Household Size||2.82|
|Average Household Size||2.74|
|Median Household Income||$56,088 ±$4,279|
|Median Rent||$688 ±$38|
|Percentage Of Renters Overburdened||33.61% ± 5.88pp|
Population and Household Demographics
McClain County is a county in Oklahoma with a population of 36,512. There are 13,244 households in the county with an average household size of 2.74 persons. 19.79% of households in McClain County are renters.
Income and Rent Overburden in McClain County
The median gross income for households in McClain County is $56,088 a year, or $4,674 a month. The median rent for the county is $688 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McClain County, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 33.61% of households who rent are overburdened in McClain County.
Area Median Income In McClain 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 McClain County, HUD calculates the Area Median Income for a family of four as $73,200
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 McClain 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 HUD Rental Assistance in McClain County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the McClain County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the McClain County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the McClain County AMI may qualify for rental assistance programs that target Low Income households.
Cities In McClain County
Select A City to View its Apartment Communities and Waiting Lists.
|Byars||The HUD funded Public Housing Agency that serves Byars is the Oklahoma Housing Finance Agency.|
|Cole||The HUD funded Public Housing Agency that serves Cole is the Oklahoma Housing Finance Agency.|
|Dibble||The HUD funded Public Housing Agency that serves Dibble is the Oklahoma Housing Finance Agency.|
|Goldsby||The HUD funded Public Housing Agency that serves Goldsby is the Oklahoma Housing Finance Agency.|
|Newcastle||The HUD funded Public Housing Agency that serves Newcastle is the Oklahoma Housing Finance Agency.|
|Rosedale||The HUD funded Public Housing Agency that serves Rosedale is the Oklahoma Housing Finance Agency.|
|Washington||The HUD funded Public Housing Agency that serves Washington is the Oklahoma Housing Finance Agency.|
|Wayne||The HUD funded Public Housing Agency that serves Wayne is the Oklahoma Housing Finance Agency.|