How many renters live in Clark, South Dakota?
The City of Clark has people living in households.
There are renters living in renter households in this City. Renters make up 23.13 percent of the population living in Clark.
What is the rental market like in Clark, South Dakota?
There are an estimated housing units in the Clark area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Clark, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Clark?
The rental vacancy rate in Clark 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 Clark for each bedroom size?
Occupied Rental Units by Size in Clark
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
23 | 37 | 60 | 8 | 17 |
Occupied Rental Units by Size in Clark
A large number of apartments in Clark have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Clark?
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 | 12 | 52 percent |
One BR | 15 | 41 percent |
Two BR | 42 | 70 percent |
Rental Units Below FMR in Clark, South Dakota
How many affordable rental units are in Clark?
Income Based Apartments in Clark, South Dakota
Clark 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 Clark, South Dakota
There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clark.
Housing Choice Vouchers in Clark, South Dakota
On average, Section 8 Housing Choice vouchers pay Clark landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Clark.
The maximum amount a voucher would pay on behalf of a low-income tenant in Clark, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.