1 waitlist is currently open in Vermillion, SD
Apply before waitlists close. Check each listing for details and deadlines.
Fair Market Rent - Clay County, SD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $666 |
| 1 Bedroom | $747 |
| 2 Bedroom | $982 |
| 3 Bedroom | $1,384 |
| 4 Bedroom | $1,666 |
Income Limits - Clay County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,400
- Low (80%)
- $74,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,600
- Low (80%)
- $79,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,800
- Low (80%)
- $84,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $28,000 | $44,800 |
| 2 Persons | $19,200 | $32,000 | $51,200 |
| 3 Persons | $21,960 | $36,000 | $57,600 |
| 4 Persons | $26,500 | $40,000 | $63,950 |
| 5 Persons | $31,040 | $43,200 | $69,100 |
| 6 Persons | $35,580 | $46,400 | $74,200 |
| 7 Persons | $40,120 | $49,600 | $79,300 |
| 8 Persons | $44,660 | $52,800 | $84,450 |
Frequently Asked Questions About Housing in Vermillion, SD
How many affordable housing options are in Vermillion, South Dakota?+
There are 8 affordable housing properties in Vermillion, South Dakota, including 7 Low-Income Housing Tax Credit (LIHTC), 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Vermillion, South Dakota?+
The Fair Market Rent for Clay County, South Dakota is: Studio: $666, 1BR: $747, 2BR: $982, 3BR: $1384. Subsidized housing typically charges tenants 30% of their adjusted gross income, which may be significantly less than FMR.
How do I apply for Section 8 housing in Vermillion, South Dakota?+
To apply for Section 8 (Housing Choice Voucher) in Vermillion, South Dakota, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Clay County, South Dakota?+
For a 4-person household in Clay County, South Dakota, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $63,950. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Vermillion, South Dakota?+
Yes, there are currently 1 housing authority with open waitlists in Vermillion, South Dakota. Look for the "Waitlist Open" badge on listings above, or use the waitlist filter to find them quickly. Waitlist availability changes frequently, so apply as soon as possible.
What types of affordable housing are available in Vermillion, South Dakota?+
Vermillion, South Dakota has the following types of affordable housing: LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Vermillion, South Dakota?+
Vermillion, South Dakota has an estimated population of 10,852. With 8 affordable housing properties serving the area, there are housing assistance options available for eligible residents.