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Fair Market Rent - Faulk 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 | $627 |
| 1 Bedroom | $704 |
| 2 Bedroom | $925 |
| 3 Bedroom | $1,225 |
| 4 Bedroom | $1,486 |
Income Limits - Faulk County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,350
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,350
- Low (80%)
- $66,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,700
- Low (80%)
- $71,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,000
- Low (80%)
- $76,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,300
- Low (80%)
- $82,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,600
- Low (80%)
- $87,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $28,950 | $46,350 |
| 2 Persons | $19,850 | $33,100 | $52,950 |
| 3 Persons | $22,350 | $37,250 | $59,550 |
| 4 Persons | $26,500 | $41,350 | $66,150 |
| 5 Persons | $31,040 | $44,700 | $71,450 |
| 6 Persons | $35,580 | $48,000 | $76,750 |
| 7 Persons | $40,120 | $51,300 | $82,050 |
| 8 Persons | $44,660 | $54,600 | $87,350 |
Frequently Asked Questions About Housing in Faulkton, SD
What is the average rent for affordable housing in Faulkton, South Dakota?+
The Fair Market Rent for Faulk County, South Dakota is: Studio: $627, 1BR: $704, 2BR: $925, 3BR: $1225. 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 Faulkton, South Dakota?+
To apply for Section 8 (Housing Choice Voucher) in Faulkton, 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 Faulk County, South Dakota?+
For a 4-person household in Faulk County, South Dakota, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,350, Low Income (80% AMI): $66,150. Income limits vary by household size and are updated annually by HUD.
What is the population of Faulkton, South Dakota?+
Faulkton, South Dakota has an estimated population of 819. With 0 affordable housing properties serving the area, there are housing assistance options available for eligible residents.