Affordable Housing In Osage County
Oklahoma
97 Low Income Apartment Communities In Osage County
Kirkwood Senior Complex
Housing Authorities that serve Osage County
| Housing Authority | Programs |
|---|---|
| Housing Authority of Osage County | Public Housing |
| Oklahoma Housing Finance Agency | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Osage County, Oklahoma
According to federal housing data and AffordableHousingOnline.com research, there are 97 low income housing apartment communities offering 10,556 affordable apartments for rent in Osage County, Oklahoma. Osage County features 7,527 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 3,029 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Osage County.
Osage County, OK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 97 |
|---|---|
| Total Low Income Apartments | 10,556 |
| Total Housing Units with Rental Assistance | 7,527 |
| Percentage of Housing Units Occupied By Renters | 22.26% |
| Average Renter Household Size | 2.50 |
| Average Household Size | 2.55 |
| Median Household Income | $45,443 ±$1,901 |
| Median Rent | $628 ±$34 |
| Percentage Of Renters Overburdened | 32.84% ± 4.72pp |
| Total Population | 48,054 |
Population and Household Demographics
Osage County is a County in Oklahoma with a population of 48,054. There are 18,271 households in the county with an average household size of 2.55 persons. 22.26% of households in Osage County are renters.
Income and Rent Overburden in Osage County
The median gross income for households in Osage County is $45,443 a year, or $3,787 a month. The median rent for the county is $628 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Osage County, a household making less than $2,093 a month would be considered overburdened when renting an apartment at or above the median rent. 32.84% of households who rent are overburdened in Osage County.1
Area Median Income In Osage 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 Osage County, HUD calculates the Area Median Income for a family of four as $69,700
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 Osage 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 Osage County HUD Rental Assistance in Osage County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $14,650 | $16,910 | $21,330 | $25,750 | $30,170 | $34,590 | $39,010 | $43,430 |
| 50% of Median | $24,400 | $27,900 | $31,400 | $34,850 | $37,650 | $40,450 | $43,250 | $46,050 |
| 80% of Median | $39,050 | $44,600 | $50,200 | $55,750 | $60,250 | $64,700 | $69,150 | $73,600 |
Low Income Housing Tax Credits in Osage County
The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.
From 1992 to 2012, 35 low income apartment communities containing 4,318 rental apartments have been constructed and made affordable to low income persons in Osage County by the Low Income Housing Tax Credit Program.
If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.
Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.
Income Qualifications for Low Income Housing Tax Credit Apartments in Osage County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% of Median | $24,400 | $27,900 | $31,400 | $34,850 | $37,650 | $40,450 | $43,250 | $46,050 |
| 60% of Median | $29,280 | $33,480 | $37,680 | $41,820 | $45,180 | $48,540 | $51,900 | $55,260 |
For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Osage County is $37,680 a year, or $3,140 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,140 by 30% to get a maximum rent of $942 a month.
Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.
| % of AMI | Studio | 1 Bed | 2 Bed | 3 Bed | 4 Bed | 5 Bed |
|---|---|---|---|---|---|---|
| 50% | $610 | $654 | $785 | $906 | $1,011 | $1,116 |
| 60% | $732 | $785 | $942 | $1,088 | $1,214 | $1,340 |
Fair Market Rents in Osage County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $597 | $696 | $898 | $1,199 | $1,374 |
Cities In Osage County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Tulsa | 74 | The HUD funded Public Housing Agencies that serve Tulsa are the Housing Authority of the City of Tulsa, Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Bartlesville | 9 | The HUD funded Public Housing Agencies that serve Bartlesville are the Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Sand Springs | 3 | The HUD funded Public Housing Agencies that serve Sand Springs are the Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Hominy | 3 | The HUD funded Public Housing Agencies that serve Hominy are the Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Skiatook | 5 | The HUD funded Public Housing Agencies that serve Skiatook are the Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Pawhuska | 3 | The HUD funded Public Housing Agencies that serve Pawhuska are the Housing Authority of Osage County and Oklahoma Housing Finance Agency. |
| Avant | 0 | The HUD funded Public Housing Agency that serves Avant is the Oklahoma Housing Finance Agency. |
| Barnsdall | 0 | The HUD funded Public Housing Agency that serves Barnsdall is the Oklahoma Housing Finance Agency. |
| Burbank | 0 | The HUD funded Public Housing Agency that serves Burbank is the Oklahoma Housing Finance Agency. |
| Fairfax | 0 | The HUD funded Public Housing Agency that serves Fairfax is the Oklahoma Housing Finance Agency. |
| Foraker | 0 | The HUD funded Public Housing Agency that serves Foraker is the Oklahoma Housing Finance Agency. |
| Grainola | 0 | The HUD funded Public Housing Agency that serves Grainola is the Oklahoma Housing Finance Agency. |
| McCord | 0 | The HUD funded Public Housing Agency that serves McCord is the Oklahoma Housing Finance Agency. |
| Osage | 0 | The HUD funded Public Housing Agency that serves Osage is the Oklahoma Housing Finance Agency. |
| Prue | 0 | The HUD funded Public Housing Agency that serves Prue is the Oklahoma Housing Finance Agency. |
| Shidler | 0 | The HUD funded Public Housing Agency that serves Shidler is the Oklahoma Housing Finance Agency. |
| Sperry | 0 | The HUD funded Public Housing Agency that serves Sperry is the Oklahoma Housing Finance Agency. |
| Webb City | 0 | The HUD funded Public Housing Agency that serves Webb City is the Oklahoma Housing Finance Agency. |
| Wynona | 0 | The HUD funded Public Housing Agency that serves Wynona is the Oklahoma Housing Finance Agency. |
