What HUD offices serve Irene, 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 Irene.
How many renters live in Irene, South Dakota?
The City of Irene has people living in households.
There are renters living in renter households in this City. Renters make up 38.79 percent of the population living in Irene.
What is the rental market like in Irene, South Dakota?
There are an estimated housing units in the Irene area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Irene, South Dakota, there are 1.09 rental units.
What is the vacancy rate for rentals in Irene?
The rental vacancy rate in Irene is 8 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 Irene for each bedroom size?
Occupied Rental Units by Size in Irene
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 2 | 55 | 7 | 17 |
Occupied Rental Units by Size in Irene
A large number of apartments in Irene 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 Irene
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $666 to $1,666. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $666 |
| One BR | $747 |
| Two BR | $982 |
| Three BR | $1,384 |
| Four BR | $1,666 |
2024 Fair Market Rents in Irene, South Dakota
How many units are rented at Fair Market Rent (FMR) in Irene?
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 | 2 | 100 percent |
| Two BR | 49 | 89 percent |
Rental Units Below FMR in Irene, South Dakota
How many affordable rental units are in Irene?
Income Based Apartments in Irene, South Dakota
Irene features 3 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 Irene, South Dakota
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Irene.
Housing Choice Vouchers in Irene, South Dakota
On average, Section 8 Housing Choice vouchers pay Irene landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Irene.
The maximum amount a voucher would pay on behalf of a low-income tenant in Irene, South Dakota for a two-bedroom apartment is between $938 and $1,146.
Sourced from federal housing data and AffordableHousingOnline.com research.