Affordable Housing In Pennington County
South Dakota

52 Low Income Apartment Communities In Pennington County

Rapid Creek

1158 Anamosa St
Rapid City, South Dakota
$679-728
3-4 BR

Denver Terrace Apartments

110 Denver St
Rapid City, South Dakota
Income Based
1 BR
Subsidized

Wall Ridge Apartments

602 Williams St
Wall, South Dakota
Income Based
1-2 BR

I - 90 Pleasant Hill Village

1714 N 7th St
Rapid City, South Dakota
Income Based
2-3 BR
Subsidized

Cedar Ridge Townhouses

4302 Cedar Ridge Pl
Rapid City, South Dakota
Income Based
1-3 BR
Subsidized

Knollwood Heights

100 Surfwood Dr Apt 13
Rapid City, South Dakota
Income Based
1-2 BR
Subsidized

Eagle Ridge

121 Stumer Rd
Rapid City, South Dakota
$452-877
2-3 BR

Maplewood Apartments

5 E Knollwood Drive
Rapid City, South Dakota
$666-1,128
1-4 BR
Subsidized
Family & Senior

Edgewood Estates

721 Eldene Ln
Rapid City, South Dakota
$479-876
2-3 BR

Pine Crest Village

721 Eldene Ln
Rapid City, South Dakota
$541-700
2 BR
55+

Section 8 Vouchers, Apartments, and Waiting Lists in Pennington 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Pennington County, South Dakota

Housing Authority Programs
Pennington County Housing and Redevelopment Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Pennington County, South Dakota

There are 52 low income housing apartment communities offering 2,705 affordable apartments for rent in Pennington County, South Dakota.

Income Based Apartments in Pennington County, South Dakota

Pennington County features 1,642 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 Pennington County, South Dakota

There are 1,063 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pennington County.

Housing Choice Vouchers in Pennington County, South Dakota

On average, Section 8 Housing Choice vouchers pay Pennington County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Pennington County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pennington County, South Dakota for a two-bedroom apartment is between $824 and $1,007.

2022 Pennington County, South Dakota Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Pennington County, South Dakota Fair Market Rent $608 $695 $915 $1,294 $1,457
Pennington County, South Dakota Payment Standard Range $547 to $669 $626 to $765 $824 to $1,007 $1,165 to $1,423 $1,311 to $1,603

Sourced from federal housing data and AffordableHousingOnline.com research.

Pennington County, SD Affordable Housing Snapshot

Total Affordable Apartment Properties 52
Total Low Income Apartments 2,705
Total Housing Units with Rental Assistance 1,642
Percentage of Housing Units Occupied By Renters 33.02%
Average Renter Household Size 2.26
Average Household Size 2.46
Median Household Income $50,890 ±$1,394
Median Rent $776 ±$23
Percentage Of Renters Overburdened 44.31% ± 3.28pp
Total Population 106,085

Population and Household Demographics

Pennington County is a county in South Dakota with a population of 106,085. There are 41,670 households in the county with an average household size of 2.46 persons. 33.02% of households in Pennington County are renters.

Income and Rent Overburden in Pennington County

The median gross income for households in Pennington County is $50,890 a year, or $4,241 a month. The median rent for the county is $776 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pennington County, a household making less than $2,587 a month would be considered overburdened when renting an apartment at or above the median rent. 44.31% of households who rent are overburdened in Pennington County.

Area Median Income In Pennington County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Pennington County, HUD calculates the Area Median Income for a family of four as $76,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Pennington County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Pennington County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Pennington County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,050 $18,350 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Pennington County AMI may qualify for rental assistance programs that target Very Low Income households.
$26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
80% AMI Income Limits
Renters earning up to 80% of the Pennington County AMI may qualify for rental assistance programs that target Low Income households.
$42,750 $48,850 $54,950 $61,050 $65,950 $70,850 $75,750 $80,600

Cities In Pennington County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Ashland Heights The HUD funded Public Housing Agency that serves Ashland Heights is the Pennington County Housing and Redevelopment Commission.
Colonial Pine Hills The HUD funded Public Housing Agency that serves Colonial Pine Hills is the Pennington County Housing and Redevelopment Commission.
Green Valley The HUD funded Public Housing Agency that serves Green Valley is the Pennington County Housing and Redevelopment Commission.
Hill City The HUD funded Public Housing Agency that serves Hill City is the Pennington County Housing and Redevelopment Commission.
Johnson Siding The HUD funded Public Housing Agency that serves Johnson Siding is the Pennington County Housing and Redevelopment Commission.
Keystone The HUD funded Public Housing Agency that serves Keystone is the Pennington County Housing and Redevelopment Commission.
New Underwood The HUD funded Public Housing Agency that serves New Underwood is the Pennington County Housing and Redevelopment Commission.
Quinn The HUD funded Public Housing Agency that serves Quinn is the Pennington County Housing and Redevelopment Commission.
Rapid City The HUD funded Public Housing Agency that serves Rapid City is the Pennington County Housing and Redevelopment Commission.
Rapid Valley The HUD funded Public Housing Agency that serves Rapid Valley is the Pennington County Housing and Redevelopment Commission.
Wall The HUD funded Public Housing Agency that serves Wall is the Pennington County Housing and Redevelopment Commission.
Wasta The HUD funded Public Housing Agency that serves Wasta is the Pennington County Housing and Redevelopment Commission.