Low-Income Apartments in Vermillion, South Dakota
7 Communities
182 Low-Income Units
These Vermillion apartment communities were built under the Low-Income Housing Tax Credit program and reserve units for lower-income renters at restricted rents. Contact each property directly to apply. Rents and availability change; the property can confirm current income limits.
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7 Tax-Credit Communities in Vermillion
| Community | Address | Low-Income Units | Total Units | Year |
|---|---|---|---|---|
| Madison Park Townhomes | 305 N Norbeck Street, 57069 | 40 | 40 | 2015 |
| Parkwood Apts | 1209 Madison St, 57069 | 24 | 24 | 2000 |
| River Court | 912 Elm St, 57069 | 24 | 24 | 1992 |
| Riverwood Apts | 1125 Madison St, 57069 | 24 | 24 | 1996 |
| Town Square Apts, Phase I | 505 W Main St, 57069 | 40 | 40 | 2003 |
| Town Square Ii | 507 W Main St, 57069 | - | 30 | - |
| Towne Square Apts | 505 W Main St, 57069 | 30 | 30 | 2002 |
Vermillion Low-Income Apartment FAQs
HUD's LIHTC database lists 7 tax-credit apartment communities in Vermillion, together offering about 182 income-restricted units out of 212 total units.
Apply directly to the property - there is no central waiting list for tax-credit apartments. Income limits are typically around 60% of the area median income; check your household's eligibility with our income eligibility guide, and contact the community for current availability and rents.
Often yes - most LIHTC properties accept Housing Choice Vouchers, which lowers your out-of-pocket rent further. See South Dakota Section 8 waiting lists to apply for a voucher.
Related Resources
Source: HUD Low-Income Housing Tax Credit (LIHTC) property database · huduser.gov