How many renters live in Jones County, South Dakota?
The County of Jones County has 1,006 people living in 381 households.
There are 266 renters living in 93 renter households in this County. Renters make up 26.44 percent of the population living in Jones County.
What is the rental market like in Jones County, South Dakota?
There are an estimated 510 housing units in the Jones County area. Of these, 110 units are rental homes, making up 22 percent of the housing market. For every renter household in Jones County, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Jones County?
The rental vacancy rate in Jones County is 5 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 Jones County for each bedroom size?
Occupied Rental Units by Size in Jones County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 17 | 28 | 32 | 7 |
Occupied Rental Units by Size in Jones County
A large number of apartments in Jones County 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 Jones County are overburdened by housing costs?
Among renter households in this market, 9 percent have housing cost burden. Further, 0 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 Jones County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $655 to $1,554. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $655 |
| One BR | $736 |
| Two BR | $967 |
| Three BR | $1,280 |
| Four BR | $1,554 |
2024 Fair Market Rents in Jones County, South Dakota
How many units are rented at Fair Market Rent (FMR) in Jones County?
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 | 2 | 100 percent |
| One BR | 17 | 100 percent |
| Two BR | 26 | 93 percent |
Rental Units Below FMR in Jones County, South Dakota
How many affordable rental units are in Jones County?
There are a variety of federal affordable housing programs serving households in Jones County, South Dakota including the following:
| Federal Program | Unit Count |
| Public Housing | 32 |
Tracked Units by Federal Program in Jones County, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Jones County, South Dakota
Jones County features 32 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 Jones County, South Dakota
There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jones County.
Housing Choice Vouchers in Jones County, South Dakota
On average, Section 8 Housing Choice vouchers pay Jones County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Jones County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jones County, South Dakota for a two-bedroom apartment is between $870 and $1,064.
Sourced from federal housing data and AffordableHousingOnline.com research.
