How many renters live in Lower Brule, South Dakota?
The City of Lower Brule has people living in households.
There are renters living in renter households in this City. Renters make up 68.83 percent of the population living in Lower Brule.
What is the rental market like in Lower Brule, South Dakota?
There are an estimated housing units in the Lower Brule area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lower Brule, South Dakota, there are 1.08 rental units.
What is the vacancy rate for rentals in Lower Brule?
The rental vacancy rate in Lower Brule 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 Lower Brule for each bedroom size?
Occupied Rental Units by Size in Lower Brule
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
2 | 30 | 18 | 105 | 13 |
Occupied Rental Units by Size in Lower Brule
A large number of apartments in Lower Brule 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 Lower Brule
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,536. 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 | $1,094 |
Four BR | $1,536 |
2024 Fair Market Rents in Lower Brule, South Dakota
How many units are rented at Fair Market Rent (FMR) in Lower Brule?
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 | 28 | 93 percent |
Two BR | 18 | 100 percent |
Rental Units Below FMR in Lower Brule, South Dakota
How many affordable rental units are in Lower Brule?
Income Based Apartments in Lower Brule, South Dakota
Lower Brule 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 Lower Brule, South Dakota
There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lower Brule.
Housing Choice Vouchers in Lower Brule, South Dakota
On average, Section 8 Housing Choice vouchers pay Lower Brule landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lower Brule.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lower Brule, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.