What HUD offices serve Wakonda, 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 Wakonda.
How many renters live in Wakonda, South Dakota?
The City of Wakonda has people living in households.
There are renters living in renter households in this City. Renters make up 13.18 percent of the population living in Wakonda.
What is the rental market like in Wakonda, South Dakota?
There are an estimated housing units in the Wakonda area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Wakonda, South Dakota, there are 1.21 rental units.
What is the vacancy rate for rentals in Wakonda?
The rental vacancy rate in Wakonda is 17 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 Wakonda for each bedroom size?
Occupied Rental Units by Size in Wakonda
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 2 | 5 | 17 | 0 |
Occupied Rental Units by Size in Wakonda
A large number of apartments in Wakonda have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Wakonda?
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 |
| One BR | 2 | 100 percent |
| Two BR | 5 | 100 percent |
Rental Units Below FMR in Wakonda, South Dakota
How many affordable rental units are in Wakonda?
Income Based Apartments in Wakonda, South Dakota
Wakonda features 16 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 Wakonda, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wakonda.
Housing Choice Vouchers in Wakonda, South Dakota
On average, Section 8 Housing Choice vouchers pay Wakonda landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Wakonda.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wakonda, South Dakota for a two-bedroom apartment is between $884 and $1,080.
Sourced from federal housing data and AffordableHousingOnline.com research.