About This Property
Horizon Place Apartments consists of 62 low-income units in Sioux Falls, South Dakota, serving homeless populations. The property includes 3 one-bedroom, 20 two-bedroom, and 39 three-bedroom units and was placed in service in 2017. Financed through HOME funding and 9% Low-Income Housing Tax Credits, the property is owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by Sioux Falls Housing and Redevelopment Commission
Currently accepting applications for families requiring three or four-bedroom units only; no programs for senior/disabled individuals or families needing two-bedroom units. No preferences; applicants are placed by date and time received. There is currently an estimated four-year wait.
The Section 8 waiting list reopened on March 3, 2025. Applicants can update their records online. The tenant rent is not based on 30% of their monthly adjusted income, but there is a maximum subsidy amount.
Waitlist data provided by section8waitlist.org
Updated September 28, 2026
Property Details
Fair Market Rent - Minnehaha 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 | $769 |
| 1 Bedroom | $884 |
| 2 Bedroom | $1,042 |
| 3 Bedroom | $1,417 |
| 4 Bedroom | $1,768 |
Income Limits - Minnehaha County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,350
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,800
- Extremely Low (30%)
- $22,300
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,250
- Low (80%)
- $66,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,850
- Low (80%)
- $76,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,150
- Low (80%)
- $81,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,350 | $28,900 | $46,200 |
| 2 Persons | $19,800 | $33,000 | $52,800 |
| 3 Persons | $22,300 | $37,150 | $59,400 |
| 4 Persons | $26,500 | $41,250 | $66,000 |
| 5 Persons | $31,040 | $44,550 | $71,300 |
| 6 Persons | $35,580 | $47,850 | $76,600 |
| 7 Persons | $40,120 | $51,150 | $81,850 |
| 8 Persons | $44,660 | $54,450 | $87,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sioux Falls, SD?+
The Fair Market Rent (FMR) for Minnehaha County, SD is: $769 (Studio), $884 (1BR), $1042 (2BR), $1417 (3BR), $1768 (4BR). Actual rent at subsidized properties like Horizon Place Apartments is typically 30% of household income or less.
What size apartments are available at Horizon Place Apartments?+
Horizon Place Apartments offers the following unit types: 3 One-Bedroom, 20 Two-Bedroom, 39 Three-Bedroom units, for a total of 62 units.
How do I apply for housing at Horizon Place Apartments?+
Horizon Place Apartments 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 is eligible to live at Horizon Place Apartments?+
Horizon Place Apartments primarily serves formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Horizon Place Apartments?+
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.
What are the income limits for affordable housing in Minnehaha County, SD?+
For a 4-person household in Minnehaha County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,250, Low Income (80% AMI): $66,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Sioux Falls, SD?+
Based on Fair Market Rent for Minnehaha County, the estimated price range is: 1-bedroom: $884, 2-bedroom: $1042, 3-bedroom: $1417. Actual rent at Horizon Place Apartments may be lower for income-eligible households.
Who manages Horizon Place Apartments?+
Horizon Place Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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