About This Property
Mt Olive Senior Cottages comprises 60 low-income units serving elderly residents in Oklahoma City, Oklahoma County. The property includes four one-bedroom units and fifty-six two-bedroom units. Placed in service in 2009, the community operates as a non-profit-owned property and utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Oklahoma Housing Finance Agency
This program provides affordable public housing opportunities in single-family homes and duplexes throughout Oklahoma City.
OHFA offers preferences for homeless individuals/families and persons with disabilities.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 |
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 Mt Olive Senior Cottages is typically 30% of household income or less.
What size apartments are available at Mt Olive Senior Cottages?+
Mt Olive Senior Cottages offers the following unit types: 4 One-Bedroom, 56 Two-Bedroom units, for a total of 60 units.
Who is eligible to live at Mt Olive Senior Cottages?+
Mt Olive Senior Cottages primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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. Actual rent at Mt Olive Senior Cottages may be lower for income-eligible households.
Who manages Mt Olive Senior Cottages?+
Mt Olive Senior Cottages is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Mt Olive Senior Cottages?+
Public Housing waitlist is currently Open. 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.
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.
How do I apply for housing at Mt Olive Senior Cottages?+
Mt Olive Senior Cottages 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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