Low Income Apartments and Affordable Housing For Rent in Bennett County, SD

Discover affordable housing in Bennett County where there are 5+ 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.

Mcdonnell Apartments

Pugh 1st St, Martin, South Dakota 57551

Allen Elderly

Trail Rd, Allen, South Dakota 57714

4th Avenue Apartments

201 4th Ave, Martin, South Dakota 57551

801 2nd Ave

801 2nd Ave, Martin, South Dakota 57551

South Dakota - Park View Apartments

First Ave And Park St, Martin, South Dakota 57551

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bennett County, South Dakota
$19.41/hour
$8.21 (+73%) more than South Dakota minimum wage and $12.16 (+168%) more than the Federal minimum wage.
Learn More About Bennett County, South Dakota Affordable Housing ↓

How many renters live in Bennett County, South Dakota?

The County of Bennett County has 3,391 people living in 1,014 households.

There are 1,704 renters living in 399 renter households in this County. Renters make up 50.25 percent of the population living in Bennett County.

What is the rental market like in Bennett County, South Dakota?

There are an estimated 1,241 housing units in the Bennett County area. Of these, 433 units are rental homes, making up 35 percent of the housing market. For every renter household in Bennett County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Bennett County?

The rental vacancy rate in Bennett County is 4 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 Bennett County for each bedroom size?

Occupied Rental Units by Size in Bennett County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 25 109 112 80
Occupied Rental Units by Size in Bennett County

A large number of apartments in Bennett County 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 Bennett County are overburdened by housing costs?

Among renter households in this market, 29 percent have housing cost burden. Further, 15 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 Bennett County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $695 to $1,647. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $695
One BR $780
Two BR $1,025
Three BR $1,239
Four BR $1,647
2024 Fair Market Rents in Bennett County, South Dakota

How many units are rented at Fair Market Rent (FMR) in Bennett County?

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 7 100 percent
One BR 19 76 percent
Two BR 38 35 percent
Rental Units Below FMR in Bennett County, South Dakota

How many affordable rental units are in Bennett County?

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

Federal Program Unit Count
Public Housing 34
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Bennett County, South Dakota

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

Income Based Apartments in Bennett County, South Dakota

Bennett County features 62 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 Bennett County, South Dakota

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bennett County.

Housing Choice Vouchers in Bennett County, South Dakota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bennett County, South Dakota for a two-bedroom apartment is between $923 and $1,128.

Sourced from federal housing data and AffordableHousingOnline.com research.