Affordable Housing In Washita County
Oklahoma

4 Low Income Apartment Communities In Washita County

North Glen Apartments

400 E 14th St
Cordell, OK
Subsidized

Canute Rentals

604 Main St
Canute, OK
Subsidized

Quail Run Apartments Lp

814 N Crider Rd
Cordell, OK
Subsidized

Sumerglen Village

100 S College St
Cordell, OK
Subsidized
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Housing Authorities that serve Washita County

Housing Authority Programs
Oklahoma Housing Finance Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Washita County, Oklahoma

There are 4 low income housing apartment communities offering 70 affordable apartments for rent in Washita County, Oklahoma. Washita County features 70 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Washita County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Washita County, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 70
Total Housing Units with Rental Assistance 70
Percentage of Housing Units Occupied By Renters 28.04%
Average Renter Household Size 2.48
Average Household Size 2.46
Median Household Income $49,632 ±$3,464
Median Rent $644 ±$38
Percentage Of Renters Overburdened 20.14% ± 5.37pp
Total Population 11,649

Population and Household Demographics

Washita County is a County in Oklahoma with a population of 11,649. There are 4,640 households in the county with an average household size of 2.46 persons. 28.04% of households in Washita County are renters.

Income and Rent Overburden in Washita County

The median gross income for households in Washita County is $49,632 a year, or $4,136 a month. The median rent for the county is $644 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Washita County, a household making less than $2,147 a month would be considered overburdened when renting an apartment at or above the median rent. 20.14% of households who rent are overburdened in Washita County.1

Area Median Income In Washita 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 Washita County, HUD calculates the Area Median Income for a family of four as $60,200

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 Washita 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 Washita County HUD Rental Assistance in Washita County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,650 $16,910 $21,330 $25,750 $30,170 $34,590 $37,350 $39,750
50% of Median $21,100 $24,100 $27,100 $30,100 $32,550 $34,950 $37,350 $39,750
80% of Median $33,750 $38,550 $43,350 $48,150 $52,050 $55,900 $59,750 $63,600
Low Income Housing Tax Credits in Washita 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 2003, 4 low income apartment communities containing 70 rental apartments have been constructed and made affordable to low income persons in Washita 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 Washita County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,100 $24,100 $27,100 $30,100 $32,550 $34,950 $37,350 $39,750
60% of Median $25,320 $28,920 $32,520 $36,120 $39,060 $41,940 $44,820 $47,700

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 Washita County is $32,520 a year, or $2,710 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,710 by 30% to get a maximum rent of $813 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% $528 $565 $678 $783 $874 $964
60% $633 $678 $813 $940 $1,049 $1,157
Fair Market Rents in Washita 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
$511 $603 $686 $855 $975

Cities In Washita County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Canute 1 The HUD funded Public Housing Agency that serves Canute is the Oklahoma Housing Finance Agency.
Cordell 3 The HUD funded Public Housing Agency that serves Cordell is the Oklahoma Housing Finance Agency.
Bessie 0 The HUD funded Public Housing Agency that serves Bessie is the Oklahoma Housing Finance Agency.
Burns Flat 0 The HUD funded Public Housing Agency that serves Burns Flat is the Oklahoma Housing Finance Agency.
Colony 0 The HUD funded Public Housing Agency that serves Colony is the Oklahoma Housing Finance Agency.
Corn 0 The HUD funded Public Housing Agency that serves Corn is the Oklahoma Housing Finance Agency.
Dill City 0 The HUD funded Public Housing Agency that serves Dill City is the Oklahoma Housing Finance Agency.
Foss 0 The HUD funded Public Housing Agency that serves Foss is the Oklahoma Housing Finance Agency.
New Cordell 0 The HUD funded Public Housing Agency that serves New Cordell is the Oklahoma Housing Finance Agency.
Rocky 0 The HUD funded Public Housing Agency that serves Rocky is the Oklahoma Housing Finance Agency.
Sentinel 0 The HUD funded Public Housing Agency that serves Sentinel is the Oklahoma Housing Finance Agency.