2425 Clear Spring Rd, Spearfish, SD 57783
Waiting List Forecast: Likely Short or None
Verified for 2026 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $956 - 1,097 per Month† | 2 - 3 Beds | 2 Baths | 1,014 - 1,174 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.
Welcome home to Clear Spring Apartments, located in Spearfish, South Dakota.
Clear Spring Apartments offers affordable two and three bedroom apartments, featuring spacious living areas, fully-equipped kitchens, and generous storage space. Our community also offers many great amenities including a children’s playground and clubhouse.
If you want to get out and about, you’ll find great dining, shopping, and entertainment options very close by, such as Crow Peak Brewing, Guadalajara Mexican Restaurant and Bar, and Spearfish Rec Center. Clear Spring Apartments is also located near several of the area’s top employers and schools, including Regional Health Spearfish Hospital and Black Hills State University. With excellent access to major roads such as I-90, you can be anywhere in the area in just minutes. Apartment living has never been so convenient!
Want to find the perfect apartment for you? Call or visit Clear Spring Apartments today!
Because Clear Spring 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 (2/2) | 1014ft2 | $956† |
| Three Bedroom (3/2) | 1174ft2 | $1,097† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year | $46,450 / year | $49,900 / year |
| 50% AMI for PBRA Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year | $46,450 / year | $49,900 / year |
| 60% AMI for LIHTC Units | $36,120 / year | $41,280 / year | $46,440 / year | $51,600 / year | $55,740 / year | $59,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Clear Spring Apartments have a waiting list?
Clear Spring 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 Clear Spring 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 Clear Spring Apartments?
Clear Spring Apartments is managed by Highland Property Management headquartered in Missoula, MT.
In addition to Clear Spring Apartments, how many other affordable housing properties (and units) are there in Spearfish?
In addition to Clear Spring Apartments, we list 21 other affordable properties in Spearfish. Learn about these properties here. Our data research shows that there are a total of 891 affordable units in Spearfish.
When was the Clear Spring Apartments listing last updated?
Clear Spring Apartments listing on Affordable Housing Online was last updated on 07/06/2026 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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