Low Income Apartments and Affordable Housing For Rent in Burke, SD

Discover affordable housing in Burke 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.

Rosebud Apartments

1017 Main St, Burke, South Dakota 57523

Parkview Manor

819 Jefferson St, Burke, South Dakota 57523

Kopper Key Apartments

446 W 8th St, Burke, South Dakota 57523

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Burke, 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 Burke, South Dakota Affordable Housing ↓

What HUD offices serve Burke, 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.

Operates the Public Housing programs for Burke, South Dakota.

Go to the South Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Burke.

How many renters live in Burke, South Dakota?

The City of Burke has 685 people living in 275 households.

There are 217 renters living in 106 renter households in this City. Renters make up 31.68 percent of the population living in Burke.

What is the rental market like in Burke, South Dakota?

There are an estimated 368 housing units in the Burke area. Of these, 125 units are rental homes, making up 34 percent of the housing market. For every renter household in Burke, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Burke?

The rental vacancy rate in Burke is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Burke for each bedroom size?

Occupied Rental Units by Size in Burke
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 66 28 3 9
Occupied Rental Units by Size in Burke

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

Among renter households in this market, 16 percent have housing cost burden. Further, 12 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 Burke

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 $696
Two BR $905
Three BR $1,229
Four BR $1,454
2024 Fair Market Rents in Burke, South Dakota

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

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
One BR 56 85 percent
Two BR 10 36 percent
Rental Units Below FMR in Burke, South Dakota

How many affordable rental units are in Burke?

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

Federal Program Unit Count
Low Income Housing Tax Credit 7
Public Housing 22
Section 8 Project-Based Rental Assistance 20
Tracked Units by Federal Program in Burke, South Dakota

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

Income Based Apartments in Burke, South Dakota

Burke features 20 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 Burke, South Dakota

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Burke.

Housing Choice Vouchers in Burke, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.