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

Discover affordable housing in Wister 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

700 Senior Dr, Wister, Oklahoma 74966

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wister, Oklahoma
$16.88/hour
$9.63 (+133%) more than Oklahoma minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Wister, Oklahoma Affordable Housing ↓

What HUD offices serve Wister, 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 Wister, Oklahoma.

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

How many renters live in Wister, Oklahoma?

The City of Wister has 954 people living in 358 households.

There are 340 renters living in 138 renter households in this City. Renters make up 35.64 percent of the population living in Wister.

What is the rental market like in Wister, Oklahoma?

There are an estimated 435 housing units in the Wister area. Of these, 154 units are rental homes, making up 35 percent of the housing market. For every renter household in Wister, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Wister?

The rental vacancy rate in Wister 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 Wister for each bedroom size?

Occupied Rental Units by Size in Wister
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 21 51 56 10
Occupied Rental Units by Size in Wister

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

Among renter households in this market, 37 percent have housing cost burden. Further, 18 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 Wister

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 Wister, Oklahoma

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

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 16 76 percent
Two BR 30 59 percent
Rental Units Below FMR in Wister, Oklahoma

How many affordable rental units are in Wister?

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

Federal Program Unit Count
Public Housing 32
Tracked Units by Federal Program in Wister, Oklahoma

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

Income Based Apartments in Wister, Oklahoma

Wister features 36 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 Wister, Oklahoma

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

Housing Choice Vouchers in Wister, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wister, Oklahoma for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.