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

Discover affordable housing in Todd County where there are 7+ 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.

Sunrise I Apartments

304 Marge Ln, Mission, South Dakota 57555

Sunrise III Apartments

323 N Marge Ln, Mission, South Dakota 57555

Sunrise III Twnhome

323 Marge Ln, Mission, South Dakota 57555

Wicozani Subdiv

Hwy 18 Ring Thunder, Rosebud, South Dakota 57570

Thin Elk B Menard

East Antelope Lake Campus, Mission, South Dakota 57555

Sunrise II Apartments

301 Marge Ln, Mission, South Dakota 57555

Sicangu Village Estates

1 Brave St, Mission, South Dakota 57570

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

How many renters live in Todd County, South Dakota?

The County of Todd County has 9,353 people living in 2,407 households.

There are 5,800 renters living in 1,373 renter households in this County. Renters make up 62.01 percent of the population living in Todd County.

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

There are an estimated 2,888 housing units in the Todd County area. Of these, 1,532 units are rental homes, making up 53 percent of the housing market. For every renter household in Todd County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Todd County?

The rental vacancy rate in Todd County is 10 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 Todd County for each bedroom size?

Occupied Rental Units by Size in Todd County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
32 223 394 459 177
Occupied Rental Units by Size in Todd County

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

Among renter households in this market, 26 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 Todd County

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 $756
Two BR $905
Three BR $1,247
Four BR $1,454
2024 Fair Market Rents in Todd County, South Dakota

How many units are rented at Fair Market Rent (FMR) in Todd 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 27 84 percent
One BR 196 88 percent
Two BR 241 61 percent
Rental Units Below FMR in Todd County, South Dakota

How many affordable rental units are in Todd County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 15
USDA Section 515 Rural Rental Housing 244
Tracked Units by Federal Program in Todd County, South Dakota

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

Income Based Apartments in Todd County, South Dakota

Todd County features 244 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 Todd County, South Dakota

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Todd County.

Housing Choice Vouchers in Todd County, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.