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

Discover affordable housing in Yankton County where there are 39+ 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.

Yankton Heights Apartments

1200 W 30th St, Yankton, South Dakota 57078

Whiting Court Apartments

1006 Whiting Dr, Yankton, South Dakota 57078

The Sir Charles

120 E 3rd St, Yankton, South Dakota 57078

Yankton Heights ll Apartments

1310 W 30th St, Yankton, South Dakota 57078

Village Green

904 East 13th Street, Yankton, South Dakota 57078

Colonial Square Apartments - Yankton

802 East 13th Street, Yankton, South Dakota 57078

Terrace Hill Apartments

2403 Cedar Ter, Yankton, South Dakota 57078

Locust Lane Apartments

2003 Locust St, Yankton, South Dakota 57078

Sutton Place II

2904 Douglas Ave, Yankton, South Dakota 57078

Sutton Place Apartments I

3000 Douglas Ave, Yankton, South Dakota 57078

Memory Lane Apartments

901 Memory Ln, Yankton, South Dakota 57078

Marne Creek

610 W 21st St, Yankton, South Dakota 57078

Walnut Hill Apartments

1021 Walnut St, Yankton, South Dakota 57078

Valley Park

2200 Green St, Yankton, South Dakota 57078

East Meadows

1000 Memory Ln, Yankton, South Dakota 57078

Canyon Ridge Apartments

1700 Locust St, Yankton, South Dakota 57078

Apple Creek Apartments

2900 Douglas Ave, Yankton, South Dakota 57078

Cedar Village Apartments

3111 Shirley Bridge Ave, Yankton, South Dakota 57078

Sunrise II Apartments

2015 Green St, Yankton, South Dakota 57078

Ability Building Services, Inc

600 E 10th St, Yankton, South Dakota 57078

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Yankton 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 Yankton County, South Dakota Affordable Housing ↓

How many renters live in Yankton County, South Dakota?

The County of Yankton County has 23,311 people living in 9,789 households.

There are 5,164 renters living in 2,899 renter households in this County. Renters make up 22.15 percent of the population living in Yankton County.

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

There are an estimated 10,405 housing units in the Yankton County area. Of these, 3,103 units are rental homes, making up 30 percent of the housing market. For every renter household in Yankton County, South Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Yankton County?

The rental vacancy rate in Yankton County 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 Yankton County for each bedroom size?

Occupied Rental Units by Size in Yankton County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
115 647 1,341 635 108
Occupied Rental Units by Size in Yankton County

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

Among renter households in this market, 25 percent have housing cost burden. Further, 13 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 Yankton County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $734
Two BR $905
Three BR $1,275
Four BR $1,536
2024 Fair Market Rents in Yankton County, South Dakota

How many units are rented at Fair Market Rent (FMR) in Yankton 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 59 51 percent
One BR 440 68 percent
Two BR 797 59 percent
Rental Units Below FMR in Yankton County, South Dakota

How many affordable rental units are in Yankton County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 406
Section 8 Project-Based Rental Assistance 374
USDA Section 515 Rural Rental Housing 185
Tracked Units by Federal Program in Yankton County, South Dakota

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

Income Based Apartments in Yankton County, South Dakota

Yankton County features 686 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 Yankton County, South Dakota

There are 309 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yankton County.

Housing Choice Vouchers in Yankton County, South Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.