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

Discover affordable housing in Spearfish where there are 22+ 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.

Image of Canyon Estates

Canyon Estates

431 E Colorado Blvd, Spearfish, South Dakota 57783

bed 2
payment $660-754/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Rolling Hills Apartments

Rolling Hills Apartments

727 34th Street, Spearfish, South Dakota 57783

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
Image of Lookout Mountain View

Lookout Mountain View

308 E Rushmore St, Spearfish, South Dakota 57783

bed 1
payment Subsidized
Image of Iron Creek Plaza

Iron Creek Plaza

1710 Ryan Rd, Spearfish, South Dakota 57783

bed 1-3
payment Subsidized
Image of Hillside Apartments

Hillside Apartments

3310 7th Ave, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Image of Golden Manor Apartments

Golden Manor Apartments

620 N 11th St, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Image of Cedar Apartments

Cedar Apartments

1106 N 10th St, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Ponderosa Apartments I

Ponderosa Apartments I

920 N 10th St, Spearfish, South Dakota 57783

Image of Pioneer Memorial Manor

Pioneer Memorial Manor

930 N 10th St, Spearfish, South Dakota 57783

Image of Clear Spring Apartments

Clear Spring Apartments

2425 Clear Spring Rd, Spearfish, South Dakota 57783

bed 2-3
payment $956-1097/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of Rocky Bluff Apartments

Rocky Bluff Apartments

2429 Clear Spring Rd, Spearfish, South Dakota 57783

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible
Image of Spearfish Apartments

Spearfish Apartments

2301 N 5th St, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of West Side Apts

West Side Apts

1215, 1231, 1245 Tenth Street, Spearfish, South Dakota

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Hickory House Apts

Hickory House Apts

430 Oriole Drive, Spearfish, South Dakota

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Lookout Apts

Lookout Apts

1625 Ryan Rd, Spearfish, South Dakota

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Birch Apartments

Birch Apartments

508 E Michigan St, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Image of Southview Apartments

Southview Apartments

920 S 34th St, Spearfish, South Dakota 57783

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible
Image of Spruce Apartments

Spruce Apartments

1040 N 10th St, Spearfish, South Dakota 57783

Image of Redwood Apartments

Redwood Apartments

1245 N 10th St, Spearfish, South Dakota 57783

Image of Maple and Elm Apartments

Maple and Elm Apartments

639 E Michigan St, Spearfish, South Dakota 57783

How To Identify Affordable Housing in Spearfish, South Dakota

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spearfish, South Dakota
$19.55/hour
$8.35 (+75%) more than South Dakota minimum wage and $12.30 (+170%) more than the Federal minimum wage.
Learn More About Spearfish, South Dakota Affordable Housing ↓

What HUD offices serve Spearfish, 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 Spearfish, South Dakota.

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

How many renters live in Spearfish, South Dakota?

The City of Spearfish has people living in households.

There are renters living in renter households in this City. Renters make up 38.38 percent of the population living in Spearfish.

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

There are an estimated housing units in the Spearfish area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Spearfish, South Dakota, there are 1.06 rental units.

What is the vacancy rate for rentals in Spearfish?

The rental vacancy rate in Spearfish is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Spearfish for each bedroom size?

Occupied Rental Units by Size in Spearfish
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1675731,19460380
Occupied Rental Units by Size in Spearfish

A large number of apartments in Spearfish 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 Spearfish

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $721 to $1,755. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size2026 Fair Market Rents
Studio$721
One BR$797
Two BR$1,046
Three BR$1,455
Four BR$1,755
2026 Fair Market Rents in Spearfish, South Dakota

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

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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio9557 percent
One BR46982 percent
Two BR77865 percent
Rental Units Below FMR in Spearfish, South Dakota

How many affordable rental units are in Spearfish?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Spearfish, South Dakota

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

Income Based Apartments in Spearfish, South Dakota

Spearfish features 605 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 Spearfish, South Dakota

There are 286 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spearfish.

Housing Choice Vouchers in Spearfish, South Dakota

On average, Section 8 Housing Choice vouchers pay Spearfish landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Spearfish.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spearfish, South Dakota for a two-bedroom apartment is between $929 and $1,135.

Sourced from federal housing data and AffordableHousingOnline.com research.

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