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

Discover affordable housing in Kingsbury 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.

Lake Preston Housing

100 2nd St NE, Lake Preston, South Dakota 57249

De Smet

408 Calumet Ave NE, De Smet, South Dakota 57231

Su - Ra Apartments

300 Spring Ave N, Lake Preston, South Dakota 57249

Moores Railroad Park Apartments

106 1st St NE, De Smet, South Dakota 57231

South Dakota - Lake Preston Housing

105 Main Ave N, Lake Preston, South Dakota 57249

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kingsbury County, South Dakota
$18.45/hour
$7.25 (+65%) more than South Dakota minimum wage and $11.20 (+154%) more than the Federal minimum wage.
Learn More About Kingsbury County, South Dakota Affordable Housing ↓

How many renters live in Kingsbury County, South Dakota?

The County of Kingsbury County has 5,172 people living in 2,003 households.

There are 725 renters living in 396 renter households in this County. Renters make up 14.02 percent of the population living in Kingsbury County.

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

There are an estimated 2,636 housing units in the Kingsbury County area. Of these, 438 units are rental homes, making up 17 percent of the housing market. For every renter household in Kingsbury County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Kingsbury County?

The rental vacancy rate in Kingsbury County is 7 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 Kingsbury County for each bedroom size?

Occupied Rental Units by Size in Kingsbury County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
37 45 155 124 18
Occupied Rental Units by Size in Kingsbury County

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

Among renter households in this market, 37 percent have housing cost burden. Further, 20 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 Kingsbury County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $660 to $1,565. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $660
One BR $741
Two BR $974
Three BR $1,178
Four BR $1,565
2024 Fair Market Rents in Kingsbury County, South Dakota

How many units are rented at Fair Market Rent (FMR) in Kingsbury 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 25 68 percent
One BR 42 93 percent
Two BR 107 69 percent
Rental Units Below FMR in Kingsbury County, South Dakota

How many affordable rental units are in Kingsbury County?

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

Federal Program Unit Count
Public Housing 35
USDA Section 515 Rural Rental Housing 86
Tracked Units by Federal Program in Kingsbury County, South Dakota

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

Income Based Apartments in Kingsbury County, South Dakota

Kingsbury County features 79 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 Kingsbury County, South Dakota

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kingsbury County.

Housing Choice Vouchers in Kingsbury County, South Dakota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kingsbury County, South Dakota for a two-bedroom apartment is between $877 and $1,071.

Sourced from federal housing data and AffordableHousingOnline.com research.