What HUD offices serve Sand Springs, 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.
Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Sand Springs.
How many renters live in Sand Springs, Oklahoma?
The City of Sand Springs has people living in households.
There are renters living in renter households in this City. Renters make up 25.99 percent of the population living in Sand Springs.
What is the rental market like in Sand Springs, Oklahoma?
There are an estimated housing units in the Sand Springs area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sand Springs, Oklahoma, there are 1.1 rental units.
What is the vacancy rate for rentals in Sand Springs?
The rental vacancy rate in Sand Springs is 8 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 Sand Springs for each bedroom size?
Occupied Rental Units by Size in Sand Springs
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
145 | 437 | 775 | 697 | 117 |
Occupied Rental Units by Size in Sand Springs
A large number of apartments in Sand Springs have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Sand Springs
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $834 to $1,733. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $834 |
One BR | $900 |
Two BR | $1,128 |
Three BR | $1,489 |
Four BR | $1,733 |
2024 Fair Market Rents in Sand Springs, Oklahoma
How many units are rented at Fair Market Rent (FMR) in Sand Springs?
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 | 96 | 66 percent |
One BR | 359 | 82 percent |
Two BR | 438 | 57 percent |
Rental Units Below FMR in Sand Springs, Oklahoma
How many affordable rental units are in Sand Springs?
There are a variety of federal affordable housing programs serving households in Sand Springs, Oklahoma including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
Section 202 Supportive Housing for the Elderly | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Sand Springs, Oklahoma
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sand Springs, Oklahoma
Sand Springs features 156 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 Sand Springs, Oklahoma
There are 57 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sand Springs.
Housing Choice Vouchers in Sand Springs, Oklahoma
On average, Section 8 Housing Choice vouchers pay Sand Springs landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Sand Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sand Springs, Oklahoma for a two-bedroom apartment is between $1,015 and $1,241.
Sourced from federal housing data and AffordableHousingOnline.com research.