Low Income Apartments and Affordable Housing For Rent in Tulsa, OK

Discover affordable housing in Tulsa where there are 75+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

calendar_today Opened: Mar 8
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tulsa, Oklahoma
$21.36/hour
$14.11 (+195%) more than Oklahoma minimum wage and $14.11 (+195%) more than the Federal minimum wage.
Learn More About Tulsa, Oklahoma Affordable Housing ↓

What HUD offices serve Tulsa, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Section 8 Project-Based Rental Assistance (PBRA), Homeownership programs for Tulsa, Oklahoma.
Operates the Public Housing programs for Tulsa, Oklahoma.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Tulsa, Oklahoma.

Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Tulsa.

How many renters live in Tulsa, Oklahoma?

The City of Tulsa has 413,142 people living in 175,943 households.

There are 181,780 renters living in 85,746 renter households in this City. Renters make up 44 percent of the population living in Tulsa.

What is the rental market like in Tulsa, Oklahoma?

There are an estimated 194,541 housing units in the Tulsa area. Of these, 92,680 units are rental homes, making up 48 percent of the housing market. For every renter household in Tulsa, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Tulsa?

The rental vacancy rate in Tulsa is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Tulsa for each bedroom size?

Occupied Rental Units by Size in Tulsa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,442 27,737 32,038 16,918 2,934
Occupied Rental Units by Size in Tulsa

A large number of apartments in Tulsa have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Tulsa are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Tulsa

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 Tulsa, Oklahoma

How many units are rented at Fair Market Rent (FMR) in Tulsa?

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 3,418 63 percent
One BR 16,411 59 percent
Two BR 18,498 58 percent
Rental Units Below FMR in Tulsa, Oklahoma

How many affordable rental units are in Tulsa?

There are a variety of federal affordable housing programs serving households in Tulsa, Oklahoma including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 3,414
Public Housing 495
Section 8 Project-Based Rental Assistance 3,383
Mod Rehab Project-Based Rental Assistance 41
Section 202 Supportive Housing for the Elderly 55
Section 811 Supportive Housing for Persons with Disabilities 27
Tracked Units by Federal Program in Tulsa, Oklahoma

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Tulsa, Oklahoma

Tulsa features 6,349 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 Tulsa, Oklahoma

There are 2,255 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tulsa.

Housing Choice Vouchers in Tulsa, Oklahoma

On average, Section 8 Housing Choice vouchers pay Tulsa landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Tulsa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tulsa, Oklahoma for a two-bedroom apartment is between $1,015 and $1,241.

Sourced from federal housing data and AffordableHousingOnline.com research.