Kyle Seniors Apartments
- «
- 1
- »
There are 0 low-income apartments in Kyle that offer reduced rents to eligible households.
Rental assistance programs support 21 low-income homes in Kyle where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.
Kyle, South Dakota Affordable Housing Data
Income Based Apartments in Kyle, South Dakota
Kyle features 21 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 Kyle, South Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kyle.
Housing Choice Vouchers in Kyle, South Dakota
On average, Section 8 Housing Choice vouchers pay Kyle landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kyle.
Sourced from federal housing data and AffordableHousingOnline.com research.
Kyle, SD Affordable Housing Snapshot
| Total Affordable Apartment Properties | 1 |
|---|---|
| Total Low Income Apartments | 21 |
| Total Housing Units with Rental Assistance | 21 |
| Percentage of Housing Units Occupied By Renters | 49.54% |
| Average Renter Household Size | 5.87 |
| Average Household Size | 4.55 |
| Median Household Income | $20,625 ±$10,548 |
| Median Rent | $553 ±$121 |
| Percentage Of Renters Overburdened | 36.45% ± 20.57pp |
| Total Population | 983 |
Population and Household Demographics
Kyle is a city in Shannon County, South Dakota with a population of 983. There are 216 households in the city with an average household size of 4.55 persons. 49.54% of households in Kyle are renters.
Income and Rent Overburden in Kyle
The median gross income for households in Kyle is $20,625 a year, or $1,719 a month. The median rent for the city is $553 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Kyle, a household making less than $1,843 a month would be considered overburdened when renting an apartment at or above the median rent. 36.45% of households who rent are overburdened in Kyle.
Area Median Income In Kyle
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 Kyle, the AMI is calculated from all households within Shannon County.
In Kyle, HUD calculates the Area Median Income for a family of four as $0
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 Kyle
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.
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.