About This Property
Monterrey Courtyard Apts comprises 248 low-income units in Oklahoma City, Oklahoma, with a mix of studio through 4-bedroom floor plans to accommodate various household sizes. The property has been in service since 1999 and operates under 9% Low-Income Housing Tax Credit financing. The unit distribution includes 16 studios, 76 one-bedroom, 135 two-bedroom, 20 three-bedroom, and 1 four-bedroom apartments.
Waitlist Information
Waitlist managed by Oklahoma Housing Finance Agency
Priority placement may be given to families with children, elderly applicants, and disabled individuals.
OHFA offers preferences for homeless individuals/families and persons with disabilities. Proof of disability is required at the time of placement on the waiting list.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
Fair Market Rent - Oklahoma County, OK
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $824 |
| 1 Bedroom | $884 |
| 2 Bedroom | $1,091 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,605 |
Income Limits - Oklahoma County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,650
- Low (80%)
- $41,000
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,600
- Low (80%)
- $58,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,500
- Low (80%)
- $67,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,350
- Low (80%)
- $77,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,650 | $41,000 |
| 2 Persons | $17,600 | $29,300 | $46,850 |
| 3 Persons | $21,960 | $32,950 | $52,700 |
| 4 Persons | $26,500 | $36,600 | $58,550 |
| 5 Persons | $31,040 | $39,550 | $63,250 |
| 6 Persons | $35,580 | $42,500 | $67,950 |
| 7 Persons | $40,120 | $45,400 | $72,650 |
| 8 Persons | $44,660 | $48,350 | $77,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Oklahoma City, OK?+
The Fair Market Rent (FMR) for Oklahoma County, OK is: $824 (Studio), $884 (1BR), $1091 (2BR), $1454 (3BR), $1605 (4BR). Actual rent at subsidized properties like Monterrey Courtyard Apts is typically 30% of household income or less.
What size apartments are available at Monterrey Courtyard Apts?+
Monterrey Courtyard Apts offers the following unit types: 16 Studio, 76 One-Bedroom, 135 Two-Bedroom, 20 Three-Bedroom, 1 Four-Bedroom units, for a total of 248 units.
What is the price range for apartments in Oklahoma City, OK?+
Based on Fair Market Rent for Oklahoma County, the estimated price range is: 1-bedroom: $884, 2-bedroom: $1091, 3-bedroom: $1454. Actual rent at Monterrey Courtyard Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Oklahoma County, OK?+
For a 4-person household in Oklahoma County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,600, Low Income (80% AMI): $58,550. These limits are set by HUD and updated annually.
Who manages Monterrey Courtyard Apts?+
Monterrey Courtyard Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Monterrey Courtyard Apts?+
Monterrey Courtyard Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Monterrey Courtyard Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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