About This Property
The Sioux Falls YMCA Housing Initiative offers 52 low-income residential units in Sioux Falls, South Dakota, placed in service in 2015. The property contains a mix of studio through four-bedroom units, including 4 studios, 23 one-bedroom, 13 two-bedroom, 10 three-bedroom, and 2 four-bedroom apartments. The development is funded through HOME program financing and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Sioux Falls Housing and Redevelopment Commission
Sioux Falls Housing offers 3 and 4-bedroom single-family homes and apartments for those at or below 30% and 50% Area Median Income. Rent is based on 30% of adjusted monthly income, and tenants are responsible for utilities, lawn maintenance, and snow removal.
The Housing Choice Voucher wait list will close on September 22, 2025. New waiting list applications will no longer be accepted after that date until further notice. For those already on the waiting list, use RED - PORTAL LOGIN for updates.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 |
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 Sioux Falls Ymca Housing Inititave is typically 30% of household income or less.
What size apartments are available at Sioux Falls Ymca Housing Inititave?+
Sioux Falls Ymca Housing Inititave offers the following unit types: 4 Studio, 23 One-Bedroom, 13 Two-Bedroom, 10 Three-Bedroom, 2 Four-Bedroom units, for a total of 52 units.
How do I apply for housing at Sioux Falls Ymca Housing Inititave?+
Sioux Falls Ymca Housing Inititave 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.
Is there a waitlist for Sioux Falls Ymca Housing Inititave?+
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.
Who manages Sioux Falls Ymca Housing Inititave?+
Sioux Falls Ymca Housing Inititave is managed by . You can reach them at . Visit their website for more 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, 3-bedroom: $1417. Actual rent at Sioux Falls Ymca Housing Inititave may be lower for income-eligible households.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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