Low Income Apartments and Affordable Housing For Rent in Redfield, SD

Discover affordable housing in Redfield where there are 4+ 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.

Heartland Apartments

18 E 8th Avenue, Redfield, South Dakota 57469

Arthur Court

816 E 8th St, Redfield, South Dakota 57469

Circle Drive Apartments

1045 E 3rd St, Redfield, South Dakota 57469

Scattered Site - Buechler

116 E 7th Ave, Redfield, South Dakota 57469

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Redfield, 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 Redfield, South Dakota Affordable Housing ↓

What HUD offices serve Redfield, 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) programs for Redfield, South Dakota.

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

How many renters live in Redfield, South Dakota?

The City of Redfield has 2,253 people living in 1,039 households.

There are 630 renters living in 398 renter households in this City. Renters make up 27.96 percent of the population living in Redfield.

What is the rental market like in Redfield, South Dakota?

There are an estimated 1,086 housing units in the Redfield area. Of these, 432 units are rental homes, making up 40 percent of the housing market. For every renter household in Redfield, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Redfield?

The rental vacancy rate in Redfield 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 Redfield for each bedroom size?

Occupied Rental Units by Size in Redfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
43 95 185 61 6
Occupied Rental Units by Size in Redfield

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

Among renter households in this market, 33 percent have housing cost burden. Further, 11 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 Redfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,349. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $722
Two BR $905
Three BR $1,094
Four BR $1,349
2024 Fair Market Rents in Redfield, South Dakota

How many units are rented at Fair Market Rent (FMR) in Redfield?

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 43 100 percent
One BR 81 85 percent
Two BR 121 65 percent
Rental Units Below FMR in Redfield, South Dakota

How many affordable rental units are in Redfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit 3
Section 8 Project-Based Rental Assistance 55
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Redfield, South Dakota

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

Income Based Apartments in Redfield, South Dakota

Redfield features 55 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 Redfield, South Dakota

There are 3 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Redfield.

Housing Choice Vouchers in Redfield, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.