Low Income Apartments and Affordable Housing For Rent in Woodward County, OK

Discover affordable housing in Woodward County where there are 7+ 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.

Canadian Valley Apartments, Lp

100 S Graham St, Mooreland, Oklahoma 73852

Heartland Apartments

3800 1st St, Woodward, Oklahoma 73801

Woodland Estates

3419 8th Street, Woodward, Oklahoma 73801

Woodward, Oarc

710 Maury St, Woodward, Oklahoma 73801

Woodridge West Apts

1117 40th Street, Woodward, Oklahoma

Canadian Valley Apartments

East 2nd and Graham, Mooreland, Oklahoma 73852

Hyde Park Apartments

1706 12th St, Woodward, Oklahoma 73801

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Woodward County, Oklahoma
$19.02/hour
$11.77 (+162%) more than Oklahoma minimum wage and $11.77 (+162%) more than the Federal minimum wage.
Learn More About Woodward County, Oklahoma Affordable Housing ↓

What HUD offices serve Woodward County, 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 Woodward County, Oklahoma.

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

How many renters live in Woodward County, Oklahoma?

The County of Woodward County has 20,411 people living in 8,007 households.

There are 5,205 renters living in 2,295 renter households in this County. Renters make up 25.5 percent of the population living in Woodward County.

What is the rental market like in Woodward County, Oklahoma?

There are an estimated 9,372 housing units in the Woodward County area. Of these, 2,633 units are rental homes, making up 28 percent of the housing market. For every renter household in Woodward County, Oklahoma, there are 1 rental units.

What is the vacancy rate for rentals in Woodward County?

The rental vacancy rate in Woodward County is 13 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 Woodward County for each bedroom size?

Occupied Rental Units by Size in Woodward County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
54 353 925 847 96
Occupied Rental Units by Size in Woodward County

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

Among renter households in this market, 26 percent have housing cost burden. Further, 10 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 Woodward County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $763 to $1,704. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $763
One BR $764
Two BR $1,004
Three BR $1,269
Four BR $1,704
2024 Fair Market Rents in Woodward County, Oklahoma

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

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 50 93 percent
One BR 323 92 percent
Two BR 791 86 percent
Rental Units Below FMR in Woodward County, Oklahoma

How many affordable rental units are in Woodward County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 34
Section 8 Project-Based Rental Assistance 34
Section 811 Supportive Housing for Persons with Disabilities 16
USDA Section 515 Rural Rental Housing 56
Tracked Units by Federal Program in Woodward County, Oklahoma

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

Income Based Apartments in Woodward County, Oklahoma

Woodward County features 109 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 Woodward County, Oklahoma

There are 102 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodward County.

Housing Choice Vouchers in Woodward County, Oklahoma

On average, Section 8 Housing Choice vouchers pay Woodward County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Woodward County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Woodward County, Oklahoma for a two-bedroom apartment is between $904 and $1,104.

Sourced from federal housing data and AffordableHousingOnline.com research.