Porcupine Elderly
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There are 21 low-income apartments in Porcupine that offer reduced rents to eligible households.
Rental assistance programs support 12 low-income homes in Porcupine where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Porcupine, South Dakota Affordable Housing Data
Income Based Apartments in Porcupine, South Dakota
Porcupine features 12 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 Porcupine, South Dakota
There are 21 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Porcupine.
Housing Choice Vouchers in Porcupine, South Dakota
On average, Section 8 Housing Choice vouchers pay Porcupine landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Porcupine.
Sourced from federal housing data and AffordableHousingOnline.com research.
Porcupine, SD Affordable Housing Snapshot
| Total Affordable Apartment Properties | 2 |
|---|---|
| Total Low Income Apartments | 33 |
| Total Housing Units with Rental Assistance | 12 |
| Percentage of Housing Units Occupied By Renters | 51.9% |
| Average Renter Household Size | 6.52 |
| Average Household Size | 5.66 |
| Median Household Income | $23,558 ±$5,462 |
| Median Rent | $393 ±$60 |
| Percentage Of Renters Overburdened | 17.89% ± 18.66pp |
| Total Population | 1,369 |
Population and Household Demographics
Porcupine is a city in Shannon County, South Dakota with a population of 1,369. There are 237 households in the city with an average household size of 5.66 persons. 51.9% of households in Porcupine are renters.
Income and Rent Overburden in Porcupine
The median gross income for households in Porcupine is $23,558 a year, or $1,963 a month. The median rent for the city is $393 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Porcupine, a household making less than $1,310 a month would be considered overburdened when renting an apartment at or above the median rent. 17.89% of households who rent are overburdened in Porcupine.
Area Median Income In Porcupine
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 Porcupine, the AMI is calculated from all households within Shannon County.
In Porcupine, 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 Porcupine
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.
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