Low Income Apartments and Affordable Housing For Rent in Eureka, SD

What HUD offices serve Eureka, 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 Eureka.

How many renters live in Eureka, South Dakota?

The City of Eureka has 910 people living in 398 households.

There are 98 renters living in 95 renter households in this City. Renters make up 10.77 percent of the population living in Eureka.

What is the rental market like in Eureka, South Dakota?

There are an estimated 580 housing units in the Eureka area. Of these, 111 units are rental homes, making up 19 percent of the housing market. For every renter household in Eureka, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Eureka?

The rental vacancy rate in Eureka is 14 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 Eureka for each bedroom size?

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

Among renter households in this market, 27 percent have housing cost burden. Further, 6 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 Eureka

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.

How many units are rented at Fair Market Rent (FMR) in Eureka?

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:

How many affordable rental units are in Eureka?

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

Income Based Apartments in Eureka, South Dakota

Eureka features 20 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 Eureka, South Dakota

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

Housing Choice Vouchers in Eureka, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.