What HUD offices serve Spiro, 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 Spiro.
How many renters live in Spiro, Oklahoma?
The City of Spiro has people living in households.
There are renters living in renter households in this City. Renters make up 42.29 percent of the population living in Spiro.
What is the rental market like in Spiro, Oklahoma?
There are an estimated housing units in the Spiro area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Spiro, Oklahoma, there are 1.11 rental units.
What is the vacancy rate for rentals in Spiro?
The rental vacancy rate in Spiro is 10 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 Spiro for each bedroom size?
Occupied Rental Units by Size in Spiro
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 82 | 162 | 158 | 0 |
Occupied Rental Units by Size in Spiro
A large number of apartments in Spiro 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 Spiro
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $706 to $1,264. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $706 |
| One BR | $711 |
| Two BR | $891 |
| Three BR | $1,215 |
| Four BR | $1,264 |
2024 Fair Market Rents in Spiro, Oklahoma
How many units are rented at Fair Market Rent (FMR) in Spiro?
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 | 63 | 77 percent |
| Two BR | 120 | 74 percent |
Rental Units Below FMR in Spiro, Oklahoma
How many affordable rental units are in Spiro?
There are a variety of federal affordable housing programs serving households in Spiro, Oklahoma including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Spiro, Oklahoma
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Spiro, Oklahoma
Spiro features 60 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 Spiro, Oklahoma
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spiro.
Housing Choice Vouchers in Spiro, Oklahoma
On average, Section 8 Housing Choice vouchers pay Spiro landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Spiro.
The maximum amount a voucher would pay on behalf of a low-income tenant in Spiro, Oklahoma for a two-bedroom apartment is between $802 and $980.
Sourced from federal housing data and AffordableHousingOnline.com research.