Affordable Housing In Texas County
Oklahoma
14 Low Income Apartment Communities In Texas County
Housing Authorities that serve Texas County
| Housing Authority | Programs |
|---|---|
| Oklahoma Housing Finance Agency | Section 8 Housing Choice Voucher (HCV) |
Guide To Affordable Housing in Texas County, Oklahoma
There are 14 low income housing apartment communities offering 502 affordable apartments for rent in Texas County, Oklahoma.
Income Based Apartments in Texas County, Oklahoma
Texas County features 178 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 Texas County, Oklahoma
There are 292 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Texas County.
Housing Choice Vouchers in Texas County, Oklahoma
On average, Section 8 Housing Choice vouchers pay Texas County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Texas County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Texas County, Oklahoma for a two-bedroom apartment is between $666 and $814.
2020 Texas 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 | $632 | $650 | $740 | $922 | $1,033 |
| Payment Standard Range | $569 to $695 | $585 to $715 | $666 to $814 | $830 to $1,014 | $930 to $1,136 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Texas County, OK Affordable Housing Snapshot
| Total Affordable Apartment Properties | 14 |
|---|---|
| Total Low Income Apartments | 502 |
| Total Housing Units with Rental Assistance | 178 |
| Percentage of Housing Units Occupied By Renters | 37.91% |
| Average Renter Household Size | 2.96 |
| Average Household Size | 2.93 |
| Median Household Income | $50,242 ±$4,649 |
| Median Rent | $683 ±$27 |
| Percentage Of Renters Overburdened | 23.72% ± 6.7pp |
| Total Population | 21,588 |
Population and Household Demographics
Texas County is a county in Oklahoma with a population of 21,588. There are 7,173 households in the county with an average household size of 2.93 persons. 37.91% of households in Texas County are renters.
Income and Rent Overburden in Texas County
The median gross income for households in Texas County is $50,242 a year, or $4,187 a month. The median rent for the county is $683 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Texas County, a household making less than $2,277 a month would be considered overburdened when renting an apartment at or above the median rent. 23.72% of households who rent are overburdened in Texas County.
Area Median Income In Texas 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 Texas County, HUD calculates the Area Median Income for a family of four as $64,100
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 Texas 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 Texas County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $13,500 | $17,240 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $42,350 |
| 50% of Median | $22,450 | $25,650 | $28,850 | $32,050 | $34,650 | $37,200 | $39,750 | $42,350 |
| 80% of Median | $35,950 | $41,050 | $46,200 | $51,300 | $55,450 | $59,550 | $63,650 | $67,750 |
Cities In Texas County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Goodwell | The HUD funded Public Housing Agency that serves Goodwell is the Oklahoma Housing Finance Agency. |
| Guymon | The HUD funded Public Housing Agency that serves Guymon is the Oklahoma Housing Finance Agency. |
| Hardesty | The HUD funded Public Housing Agency that serves Hardesty is the Oklahoma Housing Finance Agency. |
| Hooker | The HUD funded Public Housing Agency that serves Hooker is the Oklahoma Housing Finance Agency. |
| Optima | The HUD funded Public Housing Agency that serves Optima is the Oklahoma Housing Finance Agency. |
| Texhoma | The HUD funded Public Housing Agency that serves Texhoma is the Oklahoma Housing Finance Agency. |
| Tyrone | The HUD funded Public Housing Agency that serves Tyrone is the Oklahoma Housing Finance Agency. |
