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

Discover affordable housing in Kadoka where there are 1+ 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.

Gateway I Apartments

301 1st Ave SW, Kadoka, South Dakota 57543

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

How many renters live in Kadoka, South Dakota?

The City of Kadoka has 441 people living in 179 households.

There are 187 renters living in 104 renter households in this City. Renters make up 42.4 percent of the population living in Kadoka.

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

There are an estimated 266 housing units in the Kadoka area. Of these, 122 units are rental homes, making up 46 percent of the housing market. For every renter household in Kadoka, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Kadoka?

The rental vacancy rate in Kadoka is 11 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 Kadoka for each bedroom size?

Occupied Rental Units by Size in Kadoka
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 37 26 19 0
Occupied Rental Units by Size in Kadoka

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

Among renter households in this market, 22 percent have housing cost burden. Further, 11 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 Kadoka

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,322. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $806
Two BR $905
Three BR $1,108
Four BR $1,322
2024 Fair Market Rents in Kadoka, South Dakota

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

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 32 86 percent
Two BR 17 65 percent
Rental Units Below FMR in Kadoka, South Dakota

How many affordable rental units are in Kadoka?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 30
Tracked Units by Federal Program in Kadoka, South Dakota

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

Income Based Apartments in Kadoka, South Dakota

Kadoka features 16 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 Kadoka, South Dakota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kadoka.

Housing Choice Vouchers in Kadoka, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.