Gold Mountain Apartments

611 W Main, Lead, South Dakota 57754

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Gold Mountain Apartments is managed by Lewis Kirkeby.

The building is funded by HUD, rent is based off 30% of gross income. For those who are 62 or over, handicapped or disabled, medical expenses can be used in determining rent. We have a rent structure that meets requirements of most income levels; please call the property to find out the current qualifications

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) - Income Based

Eligibility for Gold Mountain Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Lead but actual income limits may differ for units at Gold Mountain Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,100 $20,650 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% $48,150 $55,000 $61,900 $68,750 $74,250 $79,750 $85,250 $90,750

Gold Mountain Apartments Details

  • 20 one bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

  • Elevator
  • BBQ and Picnic Area
  • Community Room
  • Off-Street Parking
  • Off Street Parking
  • Landscaping
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Handicapped Accessible
  • Refrigerator
  • Stove
  • Private Porch
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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