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
The Public Housing waiting list is currently accepting applications for families needing three or four-bedroom units, with an estimated four-year wait. There are no stated preferences, and applicants are placed on the waiting list by the date and time the application is received.
The Section 8 waiting list reopened on March 3, 2025. Applicants already on the list should update their records. The tenant rent is not based on 30% of their monthly adjusted income, but rather a maximum subsidy amount determined by a HUD formula.
Waitlist data provided by section8waitlist.org
Updated September 5, 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 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.
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.
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.
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.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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