How many renters live in Charles Mix County, South Dakota?
The County of Charles Mix County has 9,302 people living in 2,963 households.
There are 2,389 renters living in 773 renter households in this County. Renters make up 25.68 percent of the population living in Charles Mix County.
What is the rental market like in Charles Mix County, South Dakota?
There are an estimated 3,668 housing units in the Charles Mix County area. Of these, 873 units are rental homes, making up 24 percent of the housing market. For every renter household in Charles Mix County, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Charles Mix County?
The rental vacancy rate in Charles Mix County is 8 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 Charles Mix County for each bedroom size?
Occupied Rental Units by Size in Charles Mix County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 14 | 145 | 185 | 267 | 134 |
Occupied Rental Units by Size in Charles Mix County
A large number of apartments in Charles Mix 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 Charles Mix County are overburdened by housing costs?
Among renter households in this market, 26 percent have housing cost burden. Further, 10 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 Charles Mix County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $785 to $1,413. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $785 |
| One BR | $805 |
| Two BR | $905 |
| Three BR | $1,269 |
| Four BR | $1,413 |
2024 Fair Market Rents in Charles Mix County, South Dakota
How many units are rented at Fair Market Rent (FMR) in Charles Mix 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 | 10 | 71 percent |
| One BR | 137 | 94 percent |
| Two BR | 135 | 73 percent |
Rental Units Below FMR in Charles Mix County, South Dakota
How many affordable rental units are in Charles Mix County?
There are a variety of federal affordable housing programs serving households in Charles Mix County, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 86 |
| Public Housing | 23 |
| Section 8 Project-Based Rental Assistance | 12 |
| USDA Section 515 Rural Rental Housing | 93 |
Tracked Units by Federal Program in Charles Mix County, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Charles Mix County, South Dakota
Charles Mix County features 145 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 Charles Mix County, South Dakota
There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charles Mix County.
Housing Choice Vouchers in Charles Mix County, South Dakota
On average, Section 8 Housing Choice vouchers pay Charles Mix County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Charles Mix County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Charles Mix County, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
