Willow Creek Apartments
Ashland Apartments
Stone Bridge Apartments
Colonial Apartments
Cornell II Apartments
Kranzburg Housing
Cornell Apartments
Westside Manor 1 and 2
Christianson Apartments
There are 238 low-income apartments in Codington County that offer reduced rents to eligible households. Low-income rents in Codington County, South Dakota can range from $610 to $710 depending on the number of bedrooms.
Rental assistance programs support 489 low-income homes in Codington County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-5 towards rent each month.
Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Codington County, South Dakota Affordable Housing Data
Income Based Apartments in Codington County, South Dakota
Codington County features 489 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 Codington County, South Dakota
There are 238 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Codington County.
Housing Choice Vouchers in Codington County, South Dakota
On average, Section 8 Housing Choice vouchers pay Codington County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Codington County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Codington County, South Dakota for a two-bedroom apartment is between $948 and $1,158.
2024 Codington 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 | |
|---|---|---|---|---|---|
| Codington County, South Dakota Fair Market Rent | $714 | $801 | $1,053 | $1,378 | $1,776 |
| Codington County, South Dakota Payment Standard Range | $643 to $785 | $721 to $881 | $948 to $1,158 | $1,240 to $1,516 | $1,598 to $1,954 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Codington County, SD Affordable Housing Snapshot
| Total Affordable Apartment Properties | 28 |
|---|---|
| Total Low Income Apartments | 727 |
| Total Housing Units with Rental Assistance | 489 |
| Percentage of Housing Units Occupied By Renters | 32.26% |
| Average Renter Household Size | 1.83 |
| Average Household Size | 2.28 |
| Median Household Income | $48,912 ±$1,934 |
| Median Rent | $618 ±$31 |
| Percentage Of Renters Overburdened | 36.36% ± 6.57pp |
| Total Population | 27,750 |
Population and Household Demographics
Codington County is a county in South Dakota with a population of 27,750. There are 11,934 households in the county with an average household size of 2.28 persons. 32.26% of households in Codington County are renters.
Income and Rent Overburden in Codington County
The median gross income for households in Codington County is $48,912 a year, or $4,076 a month. The median rent for the county is $618 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Codington County, a household making less than $2,060 a month would be considered overburdened when renting an apartment at or above the median rent. 36.36% of households who rent are overburdened in Codington County.
Area Median Income In Codington 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 Codington County, HUD calculates the Area Median Income for a family of four as $86,800
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 Codington 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 Codington 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 Codington County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,450 | $21,050 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Codington County AMI may qualify for rental assistance programs that target Very Low Income households. |
$30,700 | $35,100 | $39,500 | $43,850 | $47,400 | $50,900 | $54,400 | $57,900 |
| 80% AMI Income Limits Renters earning up to 80% of the Codington County AMI may qualify for rental assistance programs that target Low Income households. |
$49,150 | $56,150 | $63,150 | $70,150 | $75,800 | $81,400 | $87,000 | $92,600 |
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