Terrace Apartments is a HUD Apartment. HUD residents usually pay 30% of their gross income for rent. The rent amount, less approved HUD deductions such as medical and child care expenses, and other allowances, includes a utility allowance. HUD Residents also may choose to pay what is known as flat rent. The HACC works with applicants to determine which rent arrangement is best for them.
Median apartment rental rate in this zip code: $760
Population in zip code: 25,545
Media age of those living in this zip code: 31.6
Media household income of those living in this zip code: $39,069
Average home value in this zip code: $114,139
Terrace Apartments is a Family low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division). Contact Terrace Apartments for complete details on the current vacancies and housing applications.
Type: One Bedroom Available
Type: Two Bedroom Available
Type: Three Bedroom Available
See ALL Oklahoma City Low Income Housing Apartments ALL OKLAHOMA CITY Listings
* Mileage is based as direct lines from geocoded point to point (as the crow flies). Please check google maps for exact directions and road miles.
Persons In Family Household | Poverty Guideline |
For Households with more than 8 persons, add $4,480 for each additional person. | |
1 | $14,580 |
2 | $19,720 |
3 | $24,860 |
4 | $30,000 |
5 | $35,140 |
6 | $40,280 |
7 | $45,420 |
8 | $50,560 |
*Alaska and Hawaii have different rates for HUD federal poverty guidelines.
These numbers above represent 100% of the Federal Poverty Rate. In order to get in some apartments the 100% rate changes to things like 200%. In these cases, you will only need to multiply the rate in each category by 2.
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