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Autumn Park Apartments ~ South Sioux City
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There are 518 low-income apartments in South Sioux City that offer reduced rents to eligible households. Low-income rents in South Sioux City, Nebraska can range from $535 to $535 depending on the number of bedrooms.
Rental assistance programs support 174 low-income homes in South Sioux City where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $380 towards rent each month.
Affordable rent data for some communities last confirmed on January 23rd, 2023. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving South Sioux City, Nebraska
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.
| Housing Authority | Programs |
|---|---|
| South Sioux City Housing Agency | Section 8 Housing Choice Voucher (HCV); Moving to Work |
South Sioux City, Nebraska Affordable Housing Data
Income Based Apartments in South Sioux City, Nebraska
South Sioux City features 174 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 South Sioux City, Nebraska
There are 518 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Sioux City.
Housing Choice Vouchers in South Sioux City, Nebraska
On average, Section 8 Housing Choice vouchers pay South Sioux City landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in South Sioux City.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Sioux City, Nebraska for a two-bedroom apartment is between $909 and $1,111.
2024 South Sioux City, Nebraska Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
| Studio | One BR | Two BR | Three BR | Four BR | |
|---|---|---|---|---|---|
| South Sioux City, Nebraska Fair Market Rent | $685 | $780 | $1,010 | $1,228 | $1,345 |
| South Sioux City, Nebraska Payment Standard Range | $617 to $754 | $702 to $858 | $909 to $1,111 | $1,105 to $1,351 | $1,211 to $1,480 |
Sourced from federal housing data and AffordableHousingOnline.com research.
South Sioux City, NE Affordable Housing Snapshot
| Total Affordable Apartment Properties | 13 |
|---|---|
| Total Low Income Apartments | 693 |
| Total Housing Units with Rental Assistance | 174 |
| Percentage of Housing Units Occupied By Renters | 43.68% |
| Average Renter Household Size | 2.45 |
| Average Household Size | 2.89 |
| Median Household Income | $44,784 ±$6,703 |
| Median Rent | $684 ±$48 |
| Percentage Of Renters Overburdened | 37.06% ± 11.23pp |
| Total Population | 13,315 |
Population and Household Demographics
South Sioux City is a city in Dakota County, Nebraska with a population of 13,315. There are 4,547 households in the city with an average household size of 2.89 persons. 43.68% of households in South Sioux City are renters.
Income and Rent Overburden in South Sioux City
The median gross income for households in South Sioux City is $44,784 a year, or $3,732 a month. The median rent for the city is $684 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In South Sioux City, a household making less than $2,280 a month would be considered overburdened when renting an apartment at or above the median rent. 37.06% of households who rent are overburdened in South Sioux City.
Area Median Income In South Sioux City
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For South Sioux City, the AMI is calculated from all households within Dakota County.
In South Sioux City, HUD calculates the Area Median Income for a family of four as $85,300
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in South Sioux City
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in South Sioux City
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the South Sioux City AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,150 | $20,750 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the South Sioux City AMI may qualify for rental assistance programs that target Very Low Income households. |
$30,250 | $34,550 | $38,850 | $43,150 | $46,650 | $50,100 | $53,550 | $57,000 |
| 80% AMI Income Limits Renters earning up to 80% of the South Sioux City AMI may qualify for rental assistance programs that target Low Income households. |
$48,350 | $55,250 | $62,150 | $69,050 | $74,600 | $80,100 | $85,650 | $91,150 |
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