4513 E Ashbury Place, Sioux Falls, SD 57104
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $750 per Month† | 2 Beds | 1 Bath | 1,003 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
A Sioux Falls, South Dakota apartment community Beacon Apartments is offering for rent 2 and 3 bedroom floor plans with 1 or 2 bathrooms. Beacon Apartments lists units in Sioux Falls, SD from $750 up to $785. Total floor area for these apartments is specified between 1003 and 1087 square feet.
Because Beacon Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | 1003ft2 | $750† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year |
| 50% AMI for PBRA Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year |
| 60% AMI for LIHTC Units | $40,320 / year | $46,080 / year | $51,840 / year | $57,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Beacon Apartments have a waiting list?
Beacon Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Beacon Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Beacon Apartments, how many other affordable housing properties (and units) are there in Sioux Falls?
In addition to Beacon Apartments, we list 201 other affordable properties in Sioux Falls. Learn about these properties here. Our data research shows that there are a total of 4686 affordable units in Sioux Falls.
4617 - 4727 South Baha Ave, Sioux Falls, South Dakota 57106
1301 S Majestic View Pl, Sioux Falls, South Dakota 57103
3520 N 4th Ave, Sioux Falls, South Dakota 57104
3601 North Career Avenue, Sioux Falls, South Dakota 57107
3316 W Rambler Pl, Sioux Falls, South Dakota 57108
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Linda Vallare Johnson says:
"Affordable Housing Online is an awesome tool in locating affordable housing."