Affordable Housing In Noble County
5 Low Income Apartment Communities In Noble County
Housing Authorities that serve Noble County
|Oklahoma Housing Finance Agency||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Noble County, Oklahoma
There are 5 low income housing apartment communities offering 381 affordable apartments for rent in Noble County, Oklahoma.
Income Based Apartments in Noble County, Oklahoma
Noble County features 33 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 Noble County, Oklahoma
There are 348 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Noble County.
Housing Choice Vouchers in Noble County, Oklahoma
On average, Section 8 Housing Choice vouchers pay Noble County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Noble County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Noble County, Oklahoma for a two-bedroom apartment is between $617 and $755.
2020 Noble 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|
|Fair Market Rent||$511||$603||$686||$990||$1,204|
|Payment Standard Range||$460 to $562||$543 to $663||$617 to $755||$891 to $1,089||$1,084 to $1,324|
Sourced from federal housing data and AffordableHousingOnline.com research.
Noble County, OK Affordable Housing Snapshot
|Total Affordable Apartment Properties||5|
|Total Low Income Apartments||381|
|Total Housing Units with Rental Assistance||33|
|Percentage of Housing Units Occupied By Renters||24.78%|
|Average Renter Household Size||2.36|
|Average Household Size||2.41|
|Median Household Income||$48,285 ±$3,830|
|Median Rent||$582 ±$46|
|Percentage Of Renters Overburdened||46.15% ± 9.51pp|
Population and Household Demographics
Noble County is a county in Oklahoma with a population of 11,506. There are 4,670 households in the county with an average household size of 2.41 persons. 24.78% of households in Noble County are renters.
Income and Rent Overburden in Noble County
The median gross income for households in Noble County is $48,285 a year, or $4,024 a month. The median rent for the county is $582 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Noble County, a household making less than $1,940 a month would be considered overburdened when renting an apartment at or above the median rent. 46.15% of households who rent are overburdened in Noble County.
Area Median Income In Noble 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 Noble County, HUD calculates the Area Median Income for a family of four as $68,000
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 Noble 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 Noble County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,300||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$23,800||$27,200||$30,600||$34,000||$36,750||$39,450||$42,200||$44,900|
|80% of Median||$38,100||$43,550||$49,000||$54,400||$58,800||$63,150||$67,500||$71,850|
Cities In Noble County
Select A City to View its Apartment Communities and Waiting Lists.
|Billings||The HUD funded Public Housing Agency that serves Billings is the Oklahoma Housing Finance Agency.|
|Lucien||The HUD funded Public Housing Agency that serves Lucien is the Oklahoma Housing Finance Agency.|
|Marland||The HUD funded Public Housing Agency that serves Marland is the Oklahoma Housing Finance Agency.|
|Morrison||The HUD funded Public Housing Agency that serves Morrison is the Oklahoma Housing Finance Agency.|
|Perry||The HUD funded Public Housing Agency that serves Perry is the Oklahoma Housing Finance Agency.|
|Red Rock||The HUD funded Public Housing Agency that serves Red Rock is the Oklahoma Housing Finance Agency.|