About This Property
Golden Manor comprises 22 low-income rental units in Spearfish, South Dakota, with a mix of 14 one-bedroom and 8 two-bedroom apartments. The property was placed in service in 2004 and utilizes 9% Low-Income Housing Tax Credits to support its affordability. Management and leasing inquiries can be directed to the property contact.
Property Details
Fair Market Rent - Lawrence 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 | $699 |
| 1 Bedroom | $785 |
| 2 Bedroom | $1,032 |
| 3 Bedroom | $1,454 |
| 4 Bedroom | $1,751 |
Income Limits - Lawrence County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,850
- Very Low (50%)
- $26,400
- Low (80%)
- $42,250
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,700
- Low (80%)
- $60,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,750
- Low (80%)
- $65,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,750
- Low (80%)
- $69,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,750
- Low (80%)
- $74,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,800
- Low (80%)
- $79,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,850 | $26,400 | $42,250 |
| 2 Persons | $18,100 | $30,200 | $48,250 |
| 3 Persons | $21,960 | $33,950 | $54,300 |
| 4 Persons | $26,500 | $37,700 | $60,300 |
| 5 Persons | $31,040 | $40,750 | $65,150 |
| 6 Persons | $35,580 | $43,750 | $69,950 |
| 7 Persons | $40,120 | $46,750 | $74,800 |
| 8 Persons | $44,660 | $49,800 | $79,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Spearfish, SD?+
The Fair Market Rent (FMR) for Lawrence County, SD is: $699 (Studio), $785 (1BR), $1032 (2BR), $1454 (3BR), $1751 (4BR). Actual rent at subsidized properties like Golden Manor is typically 30% of household income or less.
What size apartments are available at Golden Manor?+
Golden Manor offers the following unit types: 14 One-Bedroom, 8 Two-Bedroom units, for a total of 22 units.
What are the income limits for affordable housing in Lawrence County, SD?+
For a 4-person household in Lawrence County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,700, Low Income (80% AMI): $60,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Spearfish, SD?+
Based on Fair Market Rent for Lawrence County, the estimated price range is: 1-bedroom: $785, 2-bedroom: $1032. Actual rent at Golden Manor may be lower for income-eligible households.
How do I apply for housing at Golden Manor?+
Golden Manor 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 Golden Manor?+
Golden Manor is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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