About This Property
South Main is a 20-unit affordable housing property in Eagle Butte, SD that has served low-income residents since 1999. The property includes four one-bedroom units, fourteen two-bedroom units, and two three-bedroom units, financed through 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Dewey 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 | $613 |
| 1 Bedroom | $806 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,195 |
| 4 Bedroom | $1,226 |
Income Limits - Dewey County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,750
- Very Low (50%)
- $24,550
- Low (80%)
- $39,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,550
- Low (80%)
- $50,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,300
- Low (80%)
- $74,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,750 | $24,550 | $39,300 |
| 2 Persons | $17,420 | $28,050 | $44,900 |
| 3 Persons | $21,960 | $31,550 | $50,500 |
| 4 Persons | $26,500 | $35,050 | $56,100 |
| 5 Persons | $31,040 | $37,900 | $60,600 |
| 6 Persons | $35,580 | $40,700 | $65,100 |
| 7 Persons | $40,120 | $43,500 | $69,600 |
| 8 Persons | $44,660 | $46,300 | $74,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eagle Butte, SD?+
The Fair Market Rent (FMR) for Dewey County, SD is: $613 (Studio), $806 (1BR), $905 (2BR), $1195 (3BR), $1226 (4BR). Actual rent at subsidized properties like South Main is typically 30% of household income or less.
What size apartments are available at South Main?+
South Main offers the following unit types: 4 One-Bedroom, 14 Two-Bedroom, 2 Three-Bedroom units, for a total of 20 units.
How do I apply for housing at South Main?+
South Main 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.
What is the price range for apartments in Eagle Butte, SD?+
Based on Fair Market Rent for Dewey County, the estimated price range is: 1-bedroom: $806, 2-bedroom: $905, 3-bedroom: $1195. Actual rent at South Main may be lower for income-eligible households.
What are the income limits for affordable housing in Dewey County, SD?+
For a 4-person household in Dewey County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,050, Low Income (80% AMI): $56,100. These limits are set by HUD and updated annually.
Who manages South Main?+
South Main is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.