What HUD offices serve Belle Fourche, South Dakota?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the South Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Belle Fourche.
How many renters live in Belle Fourche, South Dakota?
The City of Belle Fourche has 5,670 people living in 2,340 households.
There are 1,353 renters living in 704 renter households in this City. Renters make up 23.86 percent of the population living in Belle Fourche.
What is the rental market like in Belle Fourche, South Dakota?
There are an estimated 2,547 housing units in the Belle Fourche area. Of these, 704 units are rental homes, making up 28 percent of the housing market. For every renter household in Belle Fourche, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Belle Fourche?
The rental vacancy rate in Belle Fourche 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 Belle Fourche for each bedroom size?
Occupied Rental Units by Size in Belle Fourche
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 22 | 105 | 393 | 163 | 21 |
Occupied Rental Units by Size in Belle Fourche
A large number of apartments in Belle Fourche 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 Belle Fourche are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 27 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 Belle Fourche
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $740 to $1,708. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $740 |
| One BR | $809 |
| Two BR | $1,063 |
| Three BR | $1,285 |
| Four BR | $1,708 |
2024 Fair Market Rents in Belle Fourche, South Dakota
How many units are rented at Fair Market Rent (FMR) in Belle Fourche?
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 |
| Studio | 22 | 100 percent |
| One BR | 95 | 90 percent |
| Two BR | 247 | 63 percent |
Rental Units Below FMR in Belle Fourche, South Dakota
How many affordable rental units are in Belle Fourche?
There are a variety of federal affordable housing programs serving households in Belle Fourche, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 24 |
| Section 8 Project-Based Rental Assistance | 86 |
| USDA Section 515 Rural Rental Housing | 65 |
Tracked Units by Federal Program in Belle Fourche, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Belle Fourche, South Dakota
Belle Fourche features 153 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 Belle Fourche, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Belle Fourche.
Housing Choice Vouchers in Belle Fourche, South Dakota
On average, Section 8 Housing Choice vouchers pay Belle Fourche landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Belle Fourche.
The maximum amount a voucher would pay on behalf of a low-income tenant in Belle Fourche, South Dakota for a two-bedroom apartment is between $957 and $1,169.
Sourced from federal housing data and AffordableHousingOnline.com research.
