About This Property
Rapid Creek Apts offers 54 low-income units in Rapid City, South Dakota, with a mix of 46 two-bedroom and 8 three-bedroom floor plans. The property was placed in service in 2007 and receives 9% Low-Income Housing Tax Credit financing. Property management contact information and additional details are available upon request.
Waitlist Information
Waitlist managed by Pennington County Housing and Redevelopment Commission
Public housing provides rental housing for eligible low-income families, the elderly, and persons with disabilities. Families are required to meet eligibility criteria for admission. Income limits apply.
The Housing Choice Voucher Program (Section 8) allows households meeting qualifications to receive rental assistance. Applicants are contacted when their name reaches the top of the waiting list and funding is available. Income limits apply.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 |
Advertisement
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 Rapid Creek Apts is typically 30% of household income or less.
What size apartments are available at Rapid Creek Apts?+
Rapid Creek Apts offers the following unit types: 46 Two-Bedroom, 8 Three-Bedroom units, for a total of 54 units.
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 Rapid Creek Apts may be lower for income-eligible households.
How do I apply for housing at Rapid Creek Apts?+
Rapid Creek 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 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.
Who manages Rapid Creek Apts?+
Rapid Creek Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Rapid Creek 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Rapid Creek Apts
Northern Heights - Tc Rapid City
Rapid City, SD
96 UnitsNorthern Heights - Tc (Rapid City)
Rapid City, SD
96 UnitsBoulevard Manor
Rapid City, SD
48 Units
Sheridan Queen Heights
Rapid City, SD
1 UnitsCornerstone Apts
Rapid City, SD
24 UnitsKnollwood Heights Apts
Rapid City, SD
82 Units