How many renters live in Little Eagle, South Dakota?
The City of Little Eagle has people living in households.
There are renters living in renter households in this City. Renters make up 87.46 percent of the population living in Little Eagle.
What is the rental market like in Little Eagle, South Dakota?
There are an estimated housing units in the Little Eagle area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Little Eagle, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Little Eagle?
The rental vacancy rate in Little Eagle 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 Little Eagle for each bedroom size?
Occupied Rental Units by Size in Little Eagle
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 11 | 40 | 11 |
Occupied Rental Units by Size in Little Eagle
A large number of apartments in Little Eagle 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 Little Eagle
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,290. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $613 |
| One BR | $689 |
| Two BR | $905 |
| Three BR | $1,100 |
| Four BR | $1,290 |
2024 Fair Market Rents in Little Eagle, South Dakota
How many units are rented at Fair Market Rent (FMR) in Little Eagle?
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 |
| Two BR | 4 | 36 percent |
Rental Units Below FMR in Little Eagle, South Dakota
How many affordable rental units are in Little Eagle?
There are a variety of federal affordable housing programs serving households in Little Eagle, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Little Eagle, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Little Eagle, South Dakota
Little Eagle 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 Little Eagle, South Dakota
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Little Eagle.
Housing Choice Vouchers in Little Eagle, South Dakota
On average, Section 8 Housing Choice vouchers pay Little Eagle landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Little Eagle.
The maximum amount a voucher would pay on behalf of a low-income tenant in Little Eagle, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.