; Low Income Apartments For Rent in Centerville, SD

Centre Villa Apartments

800 Garfield
Centerville, South Dakota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Tornado Apartments

830 Lincoln St
Centerville, South Dakota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Broadway Enterprises

430 Broadway St
Centerville, South Dakota
Subsidized
PBRA
BMIR

Garfield Sq Apts

930 Garfield
Centerville, South Dakota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 0 low-income apartments in Centerville that offer reduced rents to eligible households.

Rental assistance programs support 40 low-income homes in Centerville where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Centerville, South Dakota Affordable Housing Data

Income Based Apartments in Centerville, South Dakota

Centerville features 40 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 Centerville, South Dakota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Centerville.

Housing Choice Vouchers in Centerville, South Dakota

On average, Section 8 Housing Choice vouchers pay Centerville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Centerville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Centerville, South Dakota for a two-bedroom apartment is between $938 and $1,146.

2024 Centerville, 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
Centerville, South Dakota Fair Market Rent $769 $884 $1,042 $1,417 $1,768
Centerville, South Dakota Payment Standard Range $692 to $846 $796 to $972 $938 to $1,146 $1,275 to $1,559 $1,591 to $1,945

Sourced from federal housing data and AffordableHousingOnline.com research.

Centerville, SD Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 22.59%
Average Renter Household Size 1.68
Average Household Size 2.13
Median Household Income $42,011 ±$4,416
Median Rent $332 ±$68
Percentage Of Renters Overburdened 21.95% ± 15.72pp
Total Population 804

Population and Household Demographics

Centerville is a city in Turner County, South Dakota with a population of 804. There are 363 households in the city with an average household size of 2.13 persons. 22.59% of households in Centerville are renters.

Income and Rent Overburden in Centerville

The median gross income for households in Centerville is $42,011 a year, or $3,501 a month. The median rent for the city is $332 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Centerville, a household making less than $1,107 a month would be considered overburdened when renting an apartment at or above the median rent. 21.95% of households who rent are overburdened in Centerville.

Area Median Income In Centerville

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 Centerville, the AMI is calculated from all households within Turner County.

In Centerville, HUD calculates the Area Median Income for a family of four as $102,500

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 Centerville

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 Centerville

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 Centerville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,200 $23,050 $25,950 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Centerville AMI may qualify for rental assistance programs that target Very Low Income households.
$33,600 $38,400 $43,200 $48,000 $51,850 $55,700 $59,550 $63,400
80% AMI Income Limits
Renters earning up to 80% of the Centerville AMI may qualify for rental assistance programs that target Low Income households.
$53,800 $61,450 $69,150 $76,800 $82,950 $89,100 $95,250 $101,400