Low Income Apartments and Affordable Housing For Rent in Wounded Knee, SD

Discover affordable housing in Wounded Knee 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.

Wounded Knee Elderly

Bia Hwy 28, Wounded Knee, South Dakota 57794

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

How many renters live in Wounded Knee, South Dakota?

The City of Wounded Knee has 378 people living in 60 households.

There are 277 renters living in 31 renter households in this City. Renters make up 73.28 percent of the population living in Wounded Knee.

What is the rental market like in Wounded Knee, South Dakota?

There are an estimated 60 housing units in the Wounded Knee area. Of these, 31 units are rental homes, making up 52 percent of the housing market. For every renter household in Wounded Knee, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Wounded Knee?

The rental vacancy rate in Wounded Knee 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 Wounded Knee for each bedroom size?

Occupied Rental Units by Size in Wounded Knee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 0 0 0 14
Occupied Rental Units by Size in Wounded Knee

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

Among renter households in this market, 55 percent have housing cost burden. Further, 55 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 many units are rented at Fair Market Rent (FMR) in Wounded Knee?

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 17 100 percent
Rental Units Below FMR in Wounded Knee, South Dakota

How many affordable rental units are in Wounded Knee?

Income Based Apartments in Wounded Knee, South Dakota

Wounded Knee features 12 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 Wounded Knee, South Dakota

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

Housing Choice Vouchers in Wounded Knee, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.