Oklahoma

Tax credit apartments in Stillwater, OK

HUD's database lists 9 properties in Stillwater built or rehabbed with low-income housing tax credits: 562 apartments, 493 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Boomer Creek Apts

320 E Mcelroy Rd, Stillwater, OK 74075

Apartments
64
Income-restricted
64
Placed in service
2005

Boomer Creek Apts II

320 E Mcelroy Rd, Stillwater, OK 74075

11 1BR, 17 2BR, 16 3BR

Apartments
44
Income-restricted
44
Placed in service
2009

Chapelridge/brookstonepark Of Stillwater

1807 N Hartford St, Stillwater, OK 74075

8 1BR, 64 2BR, 44 3BR, 4 4BR

Apartments
120
Income-restricted
56
Placed in service
2002

Legacy Park Apts

498 E Virginia Ave, Stillwater, OK 74075

HUD lists it as senior housing

Apartments
60
Income-restricted
60
Placed in service
2005

Magnolia Ridge

702 S Jardot, Stillwater, OK 74074

11 2BR, 12 3BR

Apartments
23
Income-restricted
18
Placed in service
2020

Mockingbird Estates

3020 East 6th Ave., Stillwater, OK 74074

32 1BR, 40 2BR

Apartments
72
Income-restricted
72
Placed in service
2019

Pleasant Oaks Of Stillwater

3007 E Third Ave, Stillwater, OK 74074

Apartments
40
Income-restricted
40
Placed in service
2007

Senior Residences Of Stillwater

1501 S Main St, Stillwater, OK 74074

40 1BR, 14 2BR

Apartments
54
Income-restricted
54
Placed in service
2001

Whispering Hills Apts

3102 S Main St, Stillwater, OK 74074

6 studio, 20 1BR, 24 2BR, 28 3BR, 7 4BR

Apartments
85
Income-restricted
85
Placed in service
2007

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.