Low Income (LIHTC)Waitlist Open

Colonial Apts

325 E Kemp Ave, Watertown, SD, 57201

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Colonial Apts offers 24 low-income units in Watertown, South Dakota. The property has been in service since 1992 and is located in Codington County. Interested parties may contact the property management for additional information.

Waitlist Information

Waitlist managed by Watertown Housing and Redevelopment Commission

Public Housing Waitlist

Open

Apply: Multiple

The program serves families and senior/disabled individuals, with preferences for elderly, disabled, victims of domestic violence, or working families. Applicants must meet HUD income guidelines, eligibility requirements regarding criminal background, and previous landlord references are required.

Last verified February 12, 2026

Section 8 (HCV) Waitlist

Open

Apply: Multiple

Preferences are given for Near-Elderly, Displaced by Natural Disaster, Victims of Domestic Violence, and those who Live, Work, or Attend School Locally. Applicants must meet HUD income guidelines and eligibility requirements regarding criminal background.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units

Fair Market Rent - Codington 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	$714
1 Bedroom	$801
2 Bedroom	$1,053
3 Bedroom	$1,378
4 Bedroom	$1,776

Income Limits - Codington County, SD

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,400
Very Low (50%): $27,300
Low (80%): $43,700

2 Persons

Extremely Low (30%): $18,750
Very Low (50%): $31,200
Low (80%): $49,950

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $35,100
Low (80%): $56,200

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $39,000
Low (80%): $62,400

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $42,150
Low (80%): $67,400

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $45,250
Low (80%): $72,400

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $48,400
Low (80%): $77,400

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $51,500
Low (80%): $82,400

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,400	$27,300	$43,700
2 Persons	$18,750	$31,200	$49,950
3 Persons	$21,960	$35,100	$56,200
4 Persons	$26,500	$39,000	$62,400
5 Persons	$31,040	$42,150	$67,400
6 Persons	$35,580	$45,250	$72,400
7 Persons	$40,120	$48,400	$77,400
8 Persons	$44,660	$51,500	$82,400

Tax Credit Program Details

Year Placed in Service

1992

Low-Income Units

24 / 24

Frequently Asked Questions

What is the average rent for affordable housing in Watertown, SD?+

The Fair Market Rent (FMR) for Codington County, SD is: $714 (Studio), $801 (1BR), $1053 (2BR), $1378 (3BR), $1776 (4BR). Actual rent at subsidized properties like Colonial Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Codington County, SD?+

For a 4-person household in Codington County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,000, Low Income (80% AMI): $62,400. These limits are set by HUD and updated annually.

How do I apply for housing at Colonial Apts?+

Colonial Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Colonial Apts?+

Colonial Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Colonial Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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