About This Property
Rocky Bluff Apts comprises 31 low-income rental units in Spearfish, South Dakota, with 16 two-bedroom and 15 three-bedroom floor plans. The property was placed in service in 2013 and is funded through HOME program resources with 9% Low-Income Housing Tax Credits. This affordable housing development serves Lawrence County residents.
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 |
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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 Rocky Bluff Apts is typically 30% of household income or less.
What size apartments are available at Rocky Bluff Apts?+
Rocky Bluff Apts offers the following unit types: 16 Two-Bedroom, 15 Three-Bedroom units, for a total of 31 units.
How do I apply for housing at Rocky Bluff Apts?+
Rocky Bluff 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.
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.
Who manages Rocky Bluff Apts?+
Rocky Bluff Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Spearfish, SD?+
Based on Fair Market Rent for Lawrence County, the estimated price range is: 2-bedroom: $1032, 3-bedroom: $1454. Actual rent at Rocky Bluff Apts may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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