Low Income Apartments and Affordable Housing For Rent in White River, SD

Discover affordable housing in White River where there are 3+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

White River Apartments

619 N Main St, White River, South Dakota 57579

Hdmd Prop - White River

South 3rd And Roosevelt, White River, South Dakota 57579

White River Elderly

South Second and Roosevelt, White River, South Dakota

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In White River, South Dakota
$17.14/hour
$5.94 (+53%) more than South Dakota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About White River, South Dakota Affordable Housing ↓

How many renters live in White River, South Dakota?

The City of White River has 681 people living in 200 households.

There are 282 renters living in 103 renter households in this City. Renters make up 41.41 percent of the population living in White River.

What is the rental market like in White River, South Dakota?

There are an estimated 243 housing units in the White River area. Of these, 103 units are rental homes, making up 42 percent of the housing market. For every renter household in White River, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in White River?

The rental vacancy rate in White River is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in White River for each bedroom size?

Occupied Rental Units by Size in White River
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 52 40 11
Occupied Rental Units by Size in White River

A large number of apartments in White River have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in White River are overburdened by housing costs?

Among renter households in this market, 11 percent have housing cost burden. Further, 11 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in White River

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,454. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $689
Two BR $905
Three BR $1,190
Four BR $1,454
2024 Fair Market Rents in White River, South Dakota

How many units are rented at Fair Market Rent (FMR) in White River?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Two BR 21 40 percent
Rental Units Below FMR in White River, South Dakota

How many affordable rental units are in White River?

There are a variety of federal affordable housing programs serving households in White River, South Dakota including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in White River, South Dakota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in White River, South Dakota

White River features 8 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in White River, South Dakota

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in White River.

Housing Choice Vouchers in White River, South Dakota

On average, Section 8 Housing Choice vouchers pay White River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in White River.

The maximum amount a voucher would pay on behalf of a low-income tenant in White River, South Dakota for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.