Low Income Apartments and Affordable Housing For Rent in Spink County, SD

Discover affordable housing in Spink County where there are 7+ 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.

Heartland Apartments

18 E 8th Avenue, Redfield, South Dakota 57469

Arthur Court

816 E 8th St, Redfield, South Dakota 57469

Tulare Housing

202 Kansas St, Tulare, South Dakota 57476

Doland Dev - a and B

203 S 2nd St E, Doland, South Dakota 57436

Circle Drive Apartments

1045 E 3rd St, Redfield, South Dakota 57469

Scattered Site - Buechler

116 E 7th Ave, Redfield, South Dakota 57469

Conde Housing

320 Broadway St NE, Conde, South Dakota 57434

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spink County, South Dakota
$17.14/hour
$5.94 (+53%) more than South Dakota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Spink County, South Dakota Affordable Housing ↓

How many renters live in Spink County, South Dakota?

The County of Spink County has 6,355 people living in 2,526 households.

There are 1,359 renters living in 657 renter households in this County. Renters make up 21.38 percent of the population living in Spink County.

What is the rental market like in Spink County, South Dakota?

There are an estimated 3,007 housing units in the Spink County area. Of these, 699 units are rental homes, making up 23 percent of the housing market. For every renter household in Spink County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Spink County?

The rental vacancy rate in Spink County is 6 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 Spink County for each bedroom size?

Occupied Rental Units by Size in Spink County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
43 108 227 121 42
Occupied Rental Units by Size in Spink County

A large number of apartments in Spink County 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 Spink County are overburdened by housing costs?

Among renter households in this market, 23 percent have housing cost burden. Further, 8 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 Spink County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,349. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $722
Two BR $905
Three BR $1,094
Four BR $1,349
2024 Fair Market Rents in Spink County, South Dakota

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

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 43 100 percent
One BR 91 84 percent
Two BR 140 62 percent
Rental Units Below FMR in Spink County, South Dakota

How many affordable rental units are in Spink County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 3
Section 8 Project-Based Rental Assistance 55
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Spink County, South Dakota

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

Income Based Apartments in Spink County, South Dakota

Spink County features 71 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 Spink County, South Dakota

There are 3 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spink County.

Housing Choice Vouchers in Spink County, South Dakota

On average, Section 8 Housing Choice vouchers pay Spink County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Spink County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spink County, South Dakota for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.