; Low Income Apartments For Rent in Brookings County, SD

Three Oaks Apartments

700 6th Ave S
Brookings, South Dakota
Rent Assisted
LIHTC

Kneip Duplex

312 8th Ave
Brookings, South Dakota
Rent Assisted
LIHTC
Showing Results 31-32

There are 148 low-income apartments in Brookings County that offer reduced rents to eligible households. Low-income rents in Brookings County, South Dakota can range from $370 to $655 depending on the number of bedrooms.

Rental assistance programs support 524 low-income homes in Brookings County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $304 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Brookings County, South Dakota Affordable Housing Data

Income Based Apartments in Brookings County, South Dakota

Brookings County features 524 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 Brookings County, South Dakota

There are 148 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brookings County.

Housing Choice Vouchers in Brookings County, South Dakota

On average, Section 8 Housing Choice vouchers pay Brookings County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Brookings County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Brookings County, South Dakota for a two-bedroom apartment is between $906 and $1,108.

2024 Brookings County, South Dakota 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
Brookings County, South Dakota Fair Market Rent $784 $789 $1,007 $1,419 $1,709
Brookings County, South Dakota Payment Standard Range $706 to $862 $710 to $868 $906 to $1,108 $1,277 to $1,561 $1,538 to $1,880

Sourced from federal housing data and AffordableHousingOnline.com research.

Brookings County, SD Affordable Housing Snapshot

Total Affordable Apartment Properties 32
Total Low Income Apartments 676
Total Housing Units with Rental Assistance 524
Percentage of Housing Units Occupied By Renters 40.45%
Average Renter Household Size 2.12
Average Household Size 2.38
Median Household Income $50,082 ±$2,006
Median Rent $658 ±$29
Percentage Of Renters Overburdened 47.83% ± 6.25pp
Total Population 33,046

Population and Household Demographics

Brookings County is a county in South Dakota with a population of 33,046. There are 12,325 households in the county with an average household size of 2.38 persons. 40.45% of households in Brookings County are renters.

Income and Rent Overburden in Brookings County

The median gross income for households in Brookings County is $50,082 a year, or $4,174 a month. The median rent for the county is $658 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Brookings County, a household making less than $2,193 a month would be considered overburdened when renting an apartment at or above the median rent. 47.83% of households who rent are overburdened in Brookings County.

Area Median Income In Brookings County

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.

In Brookings County, HUD calculates the Area Median Income for a family of four as $103,100

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 Brookings County

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 Brookings County

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 Brookings County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,450 $24,500 $27,550 $30,600 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Brookings County AMI may qualify for rental assistance programs that target Very Low Income households.
$35,700 $40,800 $45,900 $51,000 $55,100 $59,200 $63,250 $67,350
80% AMI Income Limits
Renters earning up to 80% of the Brookings County AMI may qualify for rental assistance programs that target Low Income households.
$57,100 $65,250 $73,400 $81,550 $88,100 $94,600 $101,150 $107,650