How many renters live in Pine Ridge, South Dakota?
The City of Pine Ridge has people living in households.
There are renters living in renter households in this City. Renters make up 72.03 percent of the population living in Pine Ridge.
What is the rental market like in Pine Ridge, South Dakota?
There are an estimated housing units in the Pine Ridge area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pine Ridge, South Dakota, there are 1.04 rental units.
What is the vacancy rate for rentals in Pine Ridge?
The rental vacancy rate in Pine Ridge is 2 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 Pine Ridge for each bedroom size?
Occupied Rental Units by Size in Pine Ridge
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 23 | 28 | 203 | 93 |
Occupied Rental Units by Size in Pine Ridge
A large number of apartments in Pine Ridge have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Pine Ridge?
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 | 4 | 50 percent |
| One BR | 23 | 100 percent |
| Two BR | 28 | 100 percent |
Rental Units Below FMR in Pine Ridge, South Dakota
How many affordable rental units are in Pine Ridge?
There are a variety of federal affordable housing programs serving households in Pine Ridge, South Dakota including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Pine Ridge, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pine Ridge, South Dakota
Pine Ridge features 24 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 Pine Ridge, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pine Ridge.
Housing Choice Vouchers in Pine Ridge, South Dakota
On average, Section 8 Housing Choice vouchers pay Pine Ridge landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pine Ridge.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pine Ridge, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.