About This Property
Waverly Estates offers 48 low-income units in Ponca City designed to serve elderly residents. The property features 11 one-bedroom and 36 two-bedroom apartments and has been in service since 2014. This development is funded through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Ponca City
No preferences are mentioned; qualified applicants are placed on the waiting list by the date and time the pre-application is received. The estimated wait time is 4 to 6 months.
Qualified applicants are placed on the waiting list by the date and time the pre-application is received.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Kay 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 | $604 |
| 1 Bedroom | $678 |
| 2 Bedroom | $891 |
| 3 Bedroom | $1,181 |
| 4 Bedroom | $1,199 |
Income Limits - Kay County, OK
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,800
- Low (80%)
- $33,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,700
- Low (80%)
- $42,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,050
- Low (80%)
- $51,250
- Extremely Low (30%)
- $34,400
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $36,800
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,150
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,800 | $33,250 |
| 2 Persons | $17,420 | $23,750 | $38,000 |
| 3 Persons | $21,960 | $26,700 | $42,750 |
| 4 Persons | $26,500 | $29,650 | $47,450 |
| 5 Persons | $31,040 | $32,050 | $51,250 |
| 6 Persons | $34,400 | $34,400 | $55,050 |
| 7 Persons | $36,800 | $36,800 | $58,850 |
| 8 Persons | $39,150 | $39,150 | $62,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ponca City, OK?+
The Fair Market Rent (FMR) for Kay County, OK is: $604 (Studio), $678 (1BR), $891 (2BR), $1181 (3BR), $1199 (4BR). Actual rent at subsidized properties like Waverly Estates is typically 30% of household income or less.
What size apartments are available at Waverly Estates?+
Waverly Estates offers the following unit types: 11 One-Bedroom, 36 Two-Bedroom units, for a total of 48 units.
What is the price range for apartments in Ponca City, OK?+
Based on Fair Market Rent for Kay County, the estimated price range is: 1-bedroom: $678, 2-bedroom: $891. Actual rent at Waverly Estates may be lower for income-eligible households.
Who manages Waverly Estates?+
Waverly Estates is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Waverly Estates?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. 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 Kay County, OK?+
For a 4-person household in Kay County, OK, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,650, Low Income (80% AMI): $47,450. These limits are set by HUD and updated annually.
How do I apply for housing at Waverly Estates?+
Waverly Estates 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 Waverly Estates?+
Waverly Estates primarily serves elderly residents, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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