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Low Income (LIHTC)

Prairie Village

12877 E 116TH ST N, Owasso, OK, 74055

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Prairie Village is a 40-unit affordable housing community in Owasso, Oklahoma that has served elderly residents since 2009. The property offers 39 low-income units with a mix of 38 one-bedroom and 2 two-bedroom floor plans. A non-profit organization owns and manages the community.

Property Details

Total Units
40
1 Bedroom
38
2 Bedroom
2

Fair Market Rent - Tulsa County, OK

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$834
1 Bedroom$900
2 Bedroom$1,128
3 Bedroom$1,489
4 Bedroom$1,733

Income Limits - Tulsa County, OK

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,150
Very Low (50%)
$25,200
Low (80%)
$40,350
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,800
Low (80%)
$46,100
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,400
Low (80%)
$51,850
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$36,000
Low (80%)
$57,600
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,900
Low (80%)
$62,250
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,800
Low (80%)
$66,850
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,650
Low (80%)
$71,450
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,550
Low (80%)
$76,050

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Tax Credit Program Details

Year Placed in Service
2009
LIHTC Credit Type
3
Low-Income Units
39 / 40
Target Population
ElderlyUNSPECIFIED
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Owasso, OK?+

The Fair Market Rent (FMR) for Tulsa County, OK is: $834 (Studio), $900 (1BR), $1128 (2BR), $1489 (3BR), $1733 (4BR). Actual rent at subsidized properties like Prairie Village is typically 30% of household income or less.

What size apartments are available at Prairie Village?+

Prairie Village offers the following unit types: 38 One-Bedroom, 2 Two-Bedroom units, for a total of 40 units.

What are the income limits for affordable housing in Tulsa County, OK?+

For a 4-person household in Tulsa County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.

What is the price range for apartments in Owasso, OK?+

Based on Fair Market Rent for Tulsa County, the estimated price range is: 1-bedroom: $900, 2-bedroom: $1128. Actual rent at Prairie Village may be lower for income-eligible households.

How do I apply for housing at Prairie Village?+

Prairie Village 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.

Who is eligible to live at Prairie Village?+

Prairie Village primarily serves elderly residents, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Prairie Village?+

Prairie Village is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Almost All Errands Require a Car

0
Walk
29
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Tulsa County, OK

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