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South Dakota

South Dakota: Section 8 properties with a decision coming

HUD's file lists 182 active project-based assistance contracts in South Dakota, covering 5,134 assisted units. 36 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 61 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

182active contracts on 190 properties
36reaching final expiration by Oct 2028 (736 assisted units)
61HAP contracts with rents under 90% of FMR
0FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Sioux Falls Voa Living Center IISioux Falls, Minnehaha County2020PRAC/811Oct 202669%202/811
Harvest ApartmentsSioux Falls, Minnehaha County2424202/8 NCNov 202678%202/811
Meadow View ManorAvon, BON HOMME County1612515/8 NCNov 202684%
Gateway IIKadoka, Jackson County1414HFDA/8 NCDec 2026121%
Huron AcfiHuron, BEADLE County109515/8 NCDec 202692%
Minnekahta HouseHot Springs, FALL RIVER County76515/8 NCJan 202776%
Heartland ApartmentsRedfield, SPINK County2424515/8 NCMar 2027110%
Hdmd Properties White RiverWhite River, MELLETTE County88515/8 NCMar 2027106%
Voa--Sioux FallsSioux Falls, Minnehaha County66PRAC/811May 202773%202/811
Heritage SquareParkston, HUTCHINSON County1616515/8 NCMay 2027140%
Homestead ApartmentsWinner, TRIPP County2424515/8 NCMay 2027104%
Crocus Meadow ApartmentsSioux Falls, Minnehaha County1514PRAC/811Jun 202787%202/811
Prairies EdgeRapid City, Pennington County2422202/8 NCJun 202780%
Arthur CourtRedfield, SPINK County1616HFDA/8 NCJun 2027106%
Canterbury HouseSioux Falls, Minnehaha County5050HFDA/8 NCJun 202788%
Gregory HousingGregory, GREGORY County1919HFDA/8 NCJun 202776%
Sage Place At RapidRapid City, Pennington County8484LMSAJun 202791%
Chamberlain River Buttes ApartmentsChamberlain, BRULE County1616515/8 NCJun 202794%
Wildflower Estates, Volunteers Of AmericaSioux Falls, Minnehaha County1514PRAC/811Jul 202767%202/811
Galaxy ApartmentsRapid City, Pennington County2019PRAC/811Aug 202761%202/811
Asi WatertownWatertown, Codington County1918PRAC/811Aug 202781%202/811
Yorkshire ApartmentsBrookings, BROOKINGS County5050515/8 NCAug 202780%
Hillcrest ApartmentsEdgemont, FALL RIVER County2424HFDA/8 NCSep 202781%
Grandview Apartments And TownhomesMitchell, DAVISON County3434HFDA/8 NCNov 202798%
Rosebud AptsBurke, GREGORY County88HFDA/8 NCNov 202775%
Cedar/Hickory ApartmentsSpringfield, BON HOMME County1212HFDA/8 NCDec 202792%
Valiant LivingMadison, LAKE County76515/8 NCDec 2027101%
Old West ElderlyFort Pierre, STANLEY County1010HFDA/8 NCDec 202796%
Homestead HeightsBison, PERKINS County1616HFDA/8 NCJan 2028
Wellington Park ApartmentsSioux Falls, Minnehaha County2323HFDA/8 NCJan 202888%
United Senior HousingIpswich, EDMUNDS County66515/8 NCMar 202874%
Pheasant Run ApartmentsBrookings, Brookings County2524PRAC/202Apr 202876%202/811
Parkview ManorBurke, GREGORY County1212HFDA/8 NCJun 202866%
Jard ApartmentsSisseton, ROBERTS County1616HFDA/8 NCAug 202876%
Crescent VillaSioux Falls, Minnehaha County4040PRAC/202Aug 202890%202/811
Prairie Lake ApartmentsNorth Sioux City, Union County2120PRAC/202Sep 202883%202/811
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Sunnycrest Village AptsSioux Falls, Minnehaha County1632060%Jun 2036Jun 2027Run math
Lakota Community HomesRapid City, Pennington County19819861%Jun 2041Jun 2027Run math
Meadowlawn Plaza ApartmentsMitchell, Davison County10510571%Nov 2036Nov 2026Run math
Miller PlazaMiller, HAND County262673%Aug 2031Aug 2027Run math
Hillyo ManorHill City, Pennington County242473%Aug 2037Aug 2027Run math
Harrison PlaceSioux Falls, Minnehaha County242475%Jul 2033Jul 2027Run math
Key City ManorSturgis, MEADE County323277%Jul 2034Jul 2027Run math
Upper Knollwood TownhousesRapid City, Pennington County502077%Jun 2046Jun 2027Run math
Harvest ApartmentsSioux Falls, Minnehaha County242478%Nov 2026Nov 2026Run math
Lombardi CourtMitchell, DAVISON County303079%Jul 2039Jul 2027Run math
Walnut Hill ApartmentsYankton, YANKTON County444480%Dec 2033Dec 2026Run math
Yorkshire ApartmentsBrookings, BROOKINGS County505080%Aug 2027Aug 2027Run math
Knollwood TownhousesRapid City, Pennington County696980%Jun 2046Jun 2027Run math
Prairies EdgeRapid City, Pennington County242280%Jun 2027Jun 2027Run math
Majestic View ApartmentsHot Springs, FALL RIVER County202081%Apr 2040Apr 2027Run math
Hillcrest ApartmentsEdgemont, FALL RIVER County242481%Sep 2027Sep 2027Run math
Pheasant Valley CourtyardMilbank, GRANT County606082%Aug 2036Aug 2027Run math
South Park AptsBelle Fourche, Butte County404082%Nov 2037Nov 2026Run math
Evergreen SquareBeresford, UNION County212183%Jul 2031Jul 2027Run math
Middlebrook IIMilbank, Grant County242483%Sep 2030Sep 2027Run math
Sioux Falls Ministry HousingSioux Falls, Minnehaha County312385%Feb 2044Feb 2027Run math
Iron Creek PlazaSpearfish, Lawrence County242487%Sep 2043Sep 2027Run math
Woodland HillsSioux Falls, Minnehaha County323287%Sep 2029Sep 2027Run math
Denver Terrace AptsRapid City, Pennington County343487%Aug 2045Aug 2027Run math
Sixth & Phillips NorthSioux Falls, Minnehaha County232387%May 2035May 2027Run math
Centennial AptsRapid City, Pennington County262487%Mar 2031Mar 2027Run math
Wellington Park ApartmentsSioux Falls, Minnehaha County232388%Jan 2028Jan 2027Run math
Canterbury HouseSioux Falls, Minnehaha County505088%Jun 2027Jun 2027Run math
Spring Hill ApartmentsSioux Falls, Minnehaha County606089%Jul 2044Jul 2027Run math
Riverview ParkSioux Falls, MINNEHAHA County505089%Mar 2046Mar 2027Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

Filter every South Dakota contract

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Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

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Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

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