What HUD offices serve Fort Pierre, 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 Fort Pierre.
How many renters live in Fort Pierre, South Dakota?
The City of Fort Pierre has 2,522 people living in 1,081 households.
There are 400 renters living in 193 renter households in this City. Renters make up 15.86 percent of the population living in Fort Pierre.
What is the rental market like in Fort Pierre, South Dakota?
There are an estimated 1,179 housing units in the Fort Pierre area. Of these, 193 units are rental homes, making up 16 percent of the housing market. For every renter household in Fort Pierre, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Fort Pierre?
The rental vacancy rate in Fort Pierre 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 Fort Pierre for each bedroom size?
Occupied Rental Units by Size in Fort Pierre
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 17 | 170 | 0 | 6 |
Occupied Rental Units by Size in Fort Pierre
A large number of apartments in Fort Pierre 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 Fort Pierre are overburdened by housing costs?
Among renter households in this market, 38 percent have housing cost burden. Further, 16 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 Fort Pierre
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $727 to $1,722. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $727 |
| One BR | $816 |
| Two BR | $1,072 |
| Three BR | $1,419 |
| Four BR | $1,722 |
2024 Fair Market Rents in Fort Pierre, South Dakota
How many units are rented at Fair Market Rent (FMR) in Fort Pierre?
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 | 14 | 82 percent |
| Two BR | 131 | 77 percent |
Rental Units Below FMR in Fort Pierre, South Dakota
How many affordable rental units are in Fort Pierre?
There are a variety of federal affordable housing programs serving households in Fort Pierre, South Dakota including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 10 |
Tracked Units by Federal Program in Fort Pierre, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fort Pierre, South Dakota
Fort Pierre features 10 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 Fort Pierre, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Pierre.
Housing Choice Vouchers in Fort Pierre, South Dakota
On average, Section 8 Housing Choice vouchers pay Fort Pierre landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fort Pierre.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Pierre, South Dakota for a two-bedroom apartment is between $965 and $1,179.
Sourced from federal housing data and AffordableHousingOnline.com research.
