How many renters live in Aurora, South Dakota?
The City of Aurora has people living in households.
There are renters living in renter households in this City. Renters make up 25.4 percent of the population living in Aurora.
What is the rental market like in Aurora, South Dakota?
There are an estimated housing units in the Aurora area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Aurora, South Dakota, there are 1.15 rental units.
What is the vacancy rate for rentals in Aurora?
The rental vacancy rate in Aurora is 13 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 Aurora for each bedroom size?
Occupied Rental Units by Size in Aurora
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 32 | 67 | 0 | 66 |
Occupied Rental Units by Size in Aurora
A large number of apartments in Aurora have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Aurora
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $784 to $1,709. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $784 |
| One BR | $789 |
| Two BR | $1,007 |
| Three BR | $1,419 |
| Four BR | $1,709 |
2024 Fair Market Rents in Aurora, South Dakota
How many units are rented at Fair Market Rent (FMR) in Aurora?
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 | 20 | 63 percent |
| Two BR | 67 | 100 percent |
Rental Units Below FMR in Aurora, South Dakota
How many affordable rental units are in Aurora?
There are a variety of federal affordable housing programs serving households in Aurora, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Aurora, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Aurora, South Dakota
Aurora features 30 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 Aurora, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Aurora.
Housing Choice Vouchers in Aurora, South Dakota
On average, Section 8 Housing Choice vouchers pay Aurora landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Aurora.
The maximum amount a voucher would pay on behalf of a low-income tenant in Aurora, South Dakota for a two-bedroom apartment is between $906 and $1,108.
Sourced from federal housing data and AffordableHousingOnline.com research.