Low Income Apartments and Affordable Housing For Rent in Marshall County, SD

Discover affordable housing in Marshall County where there are 6+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Plaistad Sunset Apartments

811 6th Ave, Britton, South Dakota 57430

Greenwood Apts

423 S Greenman St, Veblen, South Dakota

Rosewood Apartments

203 W Prospect, Veblen, South Dakota 57270

Oakwood Apartments

202 W Central Ave, Veblen, South Dakota 57270

Veblen 8 - Plex

202 W Prospect, Veblen, South Dakota 57270

Eden Development

323 Jackson St, Eden, South Dakota 0

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Marshall County, South Dakota
$17.14/hour
$5.94 (+53%) more than South Dakota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Marshall County, South Dakota Affordable Housing ↓

What HUD offices serve Marshall County, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Marshall County, South Dakota.

Go to the South Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Marshall County.

How many renters live in Marshall County, South Dakota?

The County of Marshall County has 4,363 people living in 1,669 households.

There are 667 renters living in 358 renter households in this County. Renters make up 15.29 percent of the population living in Marshall County.

What is the rental market like in Marshall County, South Dakota?

There are an estimated 2,412 housing units in the Marshall County area. Of these, 438 units are rental homes, making up 18 percent of the housing market. For every renter household in Marshall County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Marshall County?

The rental vacancy rate in Marshall County is 16 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 Marshall County for each bedroom size?

Occupied Rental Units by Size in Marshall County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1 79 117 118 39
Occupied Rental Units by Size in Marshall County

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

Among renter households in this market, 17 percent have housing cost burden. Further, 5 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 Marshall County

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 $760
Two BR $905
Three BR $1,268
Four BR $1,454
2024 Fair Market Rents in Marshall County, South Dakota

How many units are rented at Fair Market Rent (FMR) in Marshall 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 0 100 percent
One BR 56 71 percent
Two BR 67 57 percent
Rental Units Below FMR in Marshall County, South Dakota

How many affordable rental units are in Marshall County?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Marshall County, South Dakota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Marshall County, South Dakota

Marshall County features 18 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 Marshall County, South Dakota

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall County.

Housing Choice Vouchers in Marshall County, South Dakota

On average, Section 8 Housing Choice vouchers pay Marshall County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Marshall County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.