About This Property
Minnesota Estates II offers 48 low-income housing units in Rapid City, South Dakota, featuring a mix of 24 two-bedroom and 24 three-bedroom apartments. The property was placed in service in 1996 and utilizes 9% Low-Income Housing Tax Credits to support its affordability. Prospective residents should contact the property management for current availability and application information.
Waitlist Information
Waitlist managed by Pennington County Housing and Redevelopment Commission
Applications can be completed online. Once the application process is complete, you will be placed on the Waiting List. Income guidelines are provided.
Individuals can view estimated wait times by clicking a provided link. Income limits are provided for Pennington County, City of Martin, and Fall River County, effective 04/01/2025.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Pennington 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 | $788 |
| 1 Bedroom | $886 |
| 2 Bedroom | $1,163 |
| 3 Bedroom | $1,592 |
| 4 Bedroom | $1,781 |
Income Limits - Pennington County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rapid City, SD?+
The Fair Market Rent (FMR) for Pennington County, SD is: $788 (Studio), $886 (1BR), $1163 (2BR), $1592 (3BR), $1781 (4BR). Actual rent at subsidized properties like Minnesota Estates Ii is typically 30% of household income or less.
What size apartments are available at Minnesota Estates Ii?+
Minnesota Estates Ii offers the following unit types: 24 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
Is there a waitlist for Minnesota Estates Ii?+
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 Rapid City, SD?+
Based on Fair Market Rent for Pennington County, the estimated price range is: 2-bedroom: $1163, 3-bedroom: $1592. Actual rent at Minnesota Estates Ii may be lower for income-eligible households.
Who manages Minnesota Estates Ii?+
Minnesota Estates Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Minnesota Estates Ii?+
Minnesota Estates Ii 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 Pennington County, SD?+
For a 4-person household in Pennington County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Contact Information
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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