Falls Park Apartments

3601 North Career Avenue, Sioux Falls, SD 57107

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Joshua Cappell
Rent Beds Baths SqFt
$814 - 835 per Month 3 - 4 Beds 2 Baths 1,153 - 1,283 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Falls Park offers the benefits of country living along with the conveniences of the city. Make your new home with us and you'll enjoy beautiful sunsets, expansive views, and all of the amenities of a luxury apartment community. We have over-sized washers and dryers, dishwashers, energy-efficient appliances and lighting, and extra storage. Our thoughtfully-designed apartments have large dining areas within each kitchen. We also feature free Wifi access, and a business center. We re just a few minutes from the freeway for easy access to employers, shopping, parks and more!

Dave's Thoughts On Falls Park Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Falls Park Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Falls Park Apartments Amenities

  • Playground
  • Basketball Court
  • Business Center
  • Clubhouse
  • Dishwasher
  • Window Coverings
  • Refrigerator

Units at Falls Park Apartments

Unit (Bd/Ba) Ft2 Rent
Three Bedroom (3/2) 1153ft2 $814
Four Bedroom (4/2) 1283ft2 $835

Income Qualification for Falls Park Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $33,600 / year $38,400 / year $43,200 / year $48,000 / year $51,850 / year $55,700 / year $59,550 / year $63,400 / year
50% AMI for PBRA Units $33,600 / year $38,400 / year $43,200 / year $48,000 / year $51,850 / year $55,700 / year $59,550 / year $63,400 / year
60% AMI for LIHTC Units $40,320 / year $46,080 / year $51,840 / year $57,600 / year $62,220 / year $66,840 / year $71,460 / year $76,080 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Falls Park Apartments

Does Falls Park Apartments have a waiting list?

Falls Park 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 Falls Park 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.

What property management company manges Falls Park Apartments?

Falls Park Apartments is managed by Cambridge Management, Inc. headquartered in Tacoma, Washington.

In addition to Falls Park Apartments, how many other affordable housing properties (and units) are there in Sioux Falls?

In addition to Falls Park 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.

Listings Near Falls Park Apartments

Baha Townhomes

4617 - 4727 South Baha Ave, Sioux Falls, South Dakota 57106

bed 2-3
payment $890-1155/mo.
payment Subsidized

Falls Terrace

1301 S Majestic View Pl, Sioux Falls, South Dakota 57103

bed 3-4
payment $867-941/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Horizon Apartments

3520 N 4th Ave, Sioux Falls, South Dakota 57104

bed 2-3
payment $820-960/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Beadle Plaza Apartments

1000 E 14th St NE, Sioux Falls, South Dakota 57104

bed 1
payment $661/mo.
payment Subsidized

RoseCrest Townhomes

3316 W Rambler Pl, Sioux Falls, South Dakota 57108

bed 2-3
payment $652-780/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Stoney Creek I & II

7412 W Stoney Creek St, Sioux Falls, South Dakota 57106

bed 2-3
payment $647-816/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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