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

Discover affordable housing in Waynoka where there are 1+ 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.

Rental

1237 Main St, Waynoka, Oklahoma 73860

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Waynoka, Oklahoma
$17.71/hour
$10.46 (+144%) more than Oklahoma minimum wage and $10.46 (+144%) more than the Federal minimum wage.
Learn More About Waynoka, Oklahoma Affordable Housing ↓

What HUD offices serve Waynoka, 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) programs for Waynoka, Oklahoma.

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

How many renters live in Waynoka, Oklahoma?

The City of Waynoka has 760 people living in 270 households.

There are 123 renters living in 69 renter households in this City. Renters make up 16.18 percent of the population living in Waynoka.

What is the rental market like in Waynoka, Oklahoma?

There are an estimated 469 housing units in the Waynoka area. Of these, 80 units are rental homes, making up 17 percent of the housing market. For every renter household in Waynoka, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Waynoka?

The rental vacancy rate in Waynoka is 14 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 Waynoka for each bedroom size?

Occupied Rental Units by Size in Waynoka
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 6 24 25 0
Occupied Rental Units by Size in Waynoka

A large number of apartments in Waynoka 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 Waynoka are overburdened by housing costs?

Among renter households in this market, 29 percent have housing cost burden. Further, 9 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 Waynoka

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $710 to $1,361. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $710
One BR $761
Two BR $935
Three BR $1,131
Four BR $1,361
2024 Fair Market Rents in Waynoka, Oklahoma

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

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 14 100 percent
One BR 6 100 percent
Two BR 10 42 percent
Rental Units Below FMR in Waynoka, Oklahoma

How many affordable rental units are in Waynoka?

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

Federal Program Unit Count
Public Housing 29
Tracked Units by Federal Program in Waynoka, Oklahoma

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

Income Based Apartments in Waynoka, Oklahoma

Waynoka features 29 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 Waynoka, Oklahoma

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waynoka.

Housing Choice Vouchers in Waynoka, Oklahoma

On average, Section 8 Housing Choice vouchers pay Waynoka landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Waynoka.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waynoka, Oklahoma for a two-bedroom apartment is between $842 and $1,029.

Sourced from federal housing data and AffordableHousingOnline.com research.