What HUD offices serve Bristol, South Dakota?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the South Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Bristol.
How many renters live in Bristol, South Dakota?
The City of Bristol has people living in households.
There are renters living in renter households in this City. Renters make up 17.08 percent of the population living in Bristol.
What is the rental market like in Bristol, South Dakota?
There are an estimated housing units in the Bristol area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bristol, South Dakota, there are 1.14 rental units.
What is the vacancy rate for rentals in Bristol?
The rental vacancy rate in Bristol is 12 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 Bristol for each bedroom size?
Occupied Rental Units by Size in Bristol
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
1 | 1 | 15 | 3 | 1 |
Occupied Rental Units by Size in Bristol
A large number of apartments in Bristol 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 Bristol
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 | $710 |
Two BR | $905 |
Three BR | $1,177 |
Four BR | $1,454 |
2024 Fair Market Rents in Bristol, South Dakota
How many units are rented at Fair Market Rent (FMR) in Bristol?
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 | 0 | 100 percent |
One BR | 1 | 100 percent |
Two BR | 12 | 80 percent |
Rental Units Below FMR in Bristol, South Dakota
How many affordable rental units are in Bristol?
Income Based Apartments in Bristol, South Dakota
Bristol features 0 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 Bristol, South Dakota
There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bristol.
Housing Choice Vouchers in Bristol, South Dakota
On average, Section 8 Housing Choice vouchers pay Bristol landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bristol.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bristol, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.