
About This Property
Cornell Apts II comprises 24 low-income residential units in Watertown, South Dakota. The property was placed in service in 1994 and is located in Codington County. All 24 units serve households with low incomes.
Waitlist Information
Waitlist managed by Watertown Housing and Redevelopment Commission
Preferences are given for elderly, disabled, victims of domestic violence, or working families. Applicants must meet HUD income guidelines, criminal background eligibility, and provide previous landlord references, as well as birth certificates and Social Security cards for all household members.
Preferences are given for elderly, disabled, victims of domestic violence, or working families. Applicants must meet HUD income guidelines, criminal background eligibility, and provide birth certificates and Social Security cards for all household members. Clients pay 30-40% of their adjusted monthly income towards rent and utilities, with a minimum rent of $50, and are required to sign a one-year lease.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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.
- Extremely Low (30%)
- $16,400
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $18,750
- Very Low (50%)
- $31,200
- Low (80%)
- $49,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,100
- Low (80%)
- $56,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,150
- Low (80%)
- $67,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,250
- Low (80%)
- $72,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,400
- Low (80%)
- $77,400
- 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
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 Cornell Apts Ii 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.
Is there a waitlist for Cornell Apts Ii?+
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.
Who manages Cornell Apts Ii?+
Cornell Apts Ii is managed by . You can reach them at .
How do I apply for housing at Cornell Apts Ii?+
Cornell Apts Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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