About This Property
Olde School Apts offers 27 low-income units in Sioux Falls, South Dakota, consisting of 6 studios, 17 one-bedroom, and 4 two-bedroom apartments. The property has been in service since 1995 and is owned and operated by a non-profit organization. Interested applicants can contact the property directly for information about availability and application procedures.
Waitlist Information
Waitlist managed by Sioux Falls Housing and Redevelopment Commission
Applications for placement on the waiting list can be obtained at the SFHRC office during office hours or by calling to have an application mailed.
The Housing Choice Voucher (HCV) waiting list will close on September 22, 2025. New waiting list applications will no longer be accepted after this date until further notice. Applicants already on the list should use RED - PORTAL LOGIN for updates.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
Advertisement
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 Olde School Apts is typically 30% of household income or less.
What size apartments are available at Olde School Apts?+
Olde School Apts offers the following unit types: 6 Studio, 17 One-Bedroom, 4 Two-Bedroom units, for a total of 27 units.
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.
How do I apply for housing at Olde School Apts?+
Olde School 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.
Who manages Olde School Apts?+
Olde School Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Olde School Apts?+
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 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. Actual rent at Olde School Apts may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Olde School Apts
Grinde Apts
Sioux Falls, SD
15 UnitsWellington Park Apts
Sioux Falls, SD
23 UnitsHomestead Trails Rent to Own Ii
Sioux Falls, SD
5 UnitsHomestead Trails Rent to Own I
Sioux Falls, SD
27 UnitsBevson'S Apts
Sioux Falls, SD
14 UnitsHeritage Apts
Sioux Falls, SD
96 Units