What HUD offices serve Sisseton, 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.
Go to the South Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Sisseton.
How many renters live in Sisseton, South Dakota?
The City of Sisseton has 2,564 people living in 940 households.
There are 1,180 renters living in 479 renter households in this City. Renters make up 46.02 percent of the population living in Sisseton.
What is the rental market like in Sisseton, South Dakota?
There are an estimated 1,069 housing units in the Sisseton area. Of these, 526 units are rental homes, making up 49 percent of the housing market. For every renter household in Sisseton, South Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Sisseton?
The rental vacancy rate in Sisseton is 7 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 Sisseton for each bedroom size?
Occupied Rental Units by Size in Sisseton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 5 | 168 | 118 | 115 | 63 |
Occupied Rental Units by Size in Sisseton
A large number of apartments in Sisseton 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 Sisseton are overburdened by housing costs?
Among renter households in this market, 39 percent have housing cost burden. Further, 14 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 Sisseton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,529. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $613 |
| One BR | $771 |
| Two BR | $905 |
| Three BR | $1,220 |
| Four BR | $1,529 |
2024 Fair Market Rents in Sisseton, South Dakota
How many units are rented at Fair Market Rent (FMR) in Sisseton?
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 | 0 | 100 percent |
| One BR | 145 | 86 percent |
| Two BR | 78 | 66 percent |
Rental Units Below FMR in Sisseton, South Dakota
How many affordable rental units are in Sisseton?
There are a variety of federal affordable housing programs serving households in Sisseton, South Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 8 |
| Public Housing | 73 |
| Section 8 Project-Based Rental Assistance | 16 |
| USDA Section 515 Rural Rental Housing | 76 |
Tracked Units by Federal Program in Sisseton, South Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sisseton, South Dakota
Sisseton features 89 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 Sisseton, South Dakota
There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sisseton.
Housing Choice Vouchers in Sisseton, South Dakota
On average, Section 8 Housing Choice vouchers pay Sisseton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sisseton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sisseton, South Dakota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
