; Low Income Apartments For Rent in Choctaw, OK

Bent Oak Village

2900 N Choctaw Rd
Choctaw, Oklahoma
Subsidized
Rent Assisted
Senior
S. 202
LIHTC
Call For Rent
1 BR

14343 NE 5TH ST, CHOCTAW, OK 73020

14343 NE 5th St
Choctaw, Oklahoma
$1,440
3 BR

Savannah House of Choctaw ( Aka the Gardens of Choctaw )

1715 N Choctaw Rd
Choctaw, Oklahoma
Rent Assisted
LIHTC
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There are 60 low-income apartments in Choctaw that offer reduced rents to eligible households.

Rental assistance programs support 31 low-income homes in Choctaw where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $286 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Choctaw, 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.

Housing Authority Programs
Oklahoma Housing Finance Agency Section 8 Housing Choice Voucher (HCV)
Go to the Oklahoma Public Housing and Low-Income Apartments Waiting Lists page for openings near Choctaw.

Choctaw, Oklahoma Affordable Housing Data

Income Based Apartments in Choctaw, Oklahoma

Choctaw features 31 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 Choctaw, Oklahoma

There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Choctaw.

Housing Choice Vouchers in Choctaw, Oklahoma

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Choctaw, Oklahoma for a two-bedroom apartment is between $982 and $1,200.

2024 Choctaw, Oklahoma Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Choctaw, Oklahoma Fair Market Rent $824 $884 $1,091 $1,454 $1,605
Choctaw, Oklahoma Payment Standard Range $742 to $906 $796 to $972 $982 to $1,200 $1,309 to $1,599 $1,445 to $1,766

Sourced from federal housing data and AffordableHousingOnline.com research.

Choctaw, OK Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 92
Total Housing Units with Rental Assistance 31
Percentage of Housing Units Occupied By Renters 16.73%
Average Renter Household Size 2.70
Average Household Size 2.71
Median Household Income $66,927 ±$2,996
Median Rent $916 ±$65
Percentage Of Renters Overburdened 40.96% ± 11.26pp
Total Population 11,828

Population and Household Demographics

Choctaw is a city in Oklahoma County, Oklahoma with a population of 11,828. There are 4,363 households in the city with an average household size of 2.71 persons. 16.73% of households in Choctaw are renters.

Income and Rent Overburden in Choctaw

The median gross income for households in Choctaw is $66,927 a year, or $5,577 a month. The median rent for the city is $916 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Choctaw, a household making less than $3,053 a month would be considered overburdened when renting an apartment at or above the median rent. 40.96% of households who rent are overburdened in Choctaw.

Area Median Income In Choctaw

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Choctaw, the AMI is calculated from all households within Oklahoma County.

In Choctaw, HUD calculates the Area Median Income for a family of four as $86,000

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 Choctaw

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 HUD Rental Assistance in Choctaw

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Choctaw AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,100 $20,650 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Choctaw AMI may qualify for rental assistance programs that target Very Low Income households.
$30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% AMI Income Limits
Renters earning up to 80% of the Choctaw AMI may qualify for rental assistance programs that target Low Income households.
$48,200 $55,050 $61,950 $68,800 $74,350 $79,850 $85,350 $90,850