How many renters live in Rosebud, South Dakota?
The City of Rosebud has people living in households.
There are renters living in renter households in this City. Renters make up 74.39 percent of the population living in Rosebud.
What is the rental market like in Rosebud, South Dakota?
There are an estimated housing units in the Rosebud area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Rosebud, South Dakota, there are 1.13 rental units.
What is the vacancy rate for rentals in Rosebud?
The rental vacancy rate in Rosebud is 12 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 Rosebud for each bedroom size?
Occupied Rental Units by Size in Rosebud
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 55 | 63 | 76 | 61 |
Occupied Rental Units by Size in Rosebud
A large number of apartments in Rosebud 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 Rosebud
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,454. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $613 |
| One BR | $756 |
| Two BR | $905 |
| Three BR | $1,247 |
| Four BR | $1,454 |
2024 Fair Market Rents in Rosebud, South Dakota
How many units are rented at Fair Market Rent (FMR) in Rosebud?
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 |
| One BR | 43 | 78 percent |
| Two BR | 41 | 65 percent |
Rental Units Below FMR in Rosebud, South Dakota
How many affordable rental units are in Rosebud?
There are a variety of federal affordable housing programs serving households in Rosebud, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Rosebud, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Rosebud, South Dakota
Rosebud features 10 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 Rosebud, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rosebud.
Housing Choice Vouchers in Rosebud, South Dakota
On average, Section 8 Housing Choice vouchers pay Rosebud landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Rosebud.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rosebud, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.