Vermillion Housing and Redevelopment Commissi
25 Center St, Vermillion, SD, 57069 · ~299 units under management
Fair Market Rent by unit size — Vermillion, SD (2026)
Figures shown are Fair Market Rent for the county this agency primarily serves — the agency's actual payment standard (typically 90–110% of FMR) may differ. Confirm directly with the agency. Full county data: Clay County
Who this agency serves
Vermillion Housing and Redevelopment Commissi served -5 households across 299 units (-5% occupied) as of HUD's 2025 Picture of Subsidized Households data. The typical assisted household here has an average of -5.0 people, an average annual income of -$5, and pays an average of -$5 per month toward rent.
- Households served
- -5 of 299 units
- Avg. household income
- -$5
- Avg. rent paid by household
- -$5
- Avg. household size
- -5.0 people
- Households with children
- 105%
Source: HUD's Picture of Subsidized Households, 2025— figures reflect this agency's most recent reporting period across all HUD programs it administers, not just Housing Choice Vouchers.
Am I eligible?
To qualify for a Housing Choice Voucher through Vermillion Housing and Redevelopment Commissi, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI (the Extremely Low Income limit) for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $36,800 |
| 2 people | $42,050 |
| 3 people | $47,300 |
| 4 people | $52,550 |
| 5 people | $56,800 |
| 6 people | $61,000 |
| 7 people | $65,200 |
| 8 people | $69,400 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary. Contact Vermillion Housing and Redevelopment Commissi directly for current availability. Learn more about eligibility →
Income-restricted housing in Vermillion, SD
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
- Elderly
MADISON PARK TOWNHOMES II
401, 405, 409/411, AND 413 NORTH NORBECK STREET,, VERMILLION, SD, 5706931 income-restricted units of 40 total20 2BR, 20 3BRBuilt 20214% LIHTCCompliance through ~2051 - Elderly
MADISON PARK TOWNHOMES
305 N NORBECK STREET, VERMILLION, SD, 5706940 income-restricted units25 2BR, 15 3BRBuilt 20154% LIHTCCompliance through ~2045 TOWN SQUARE APTS, PHASE I
505 W MAIN ST, VERMILLION, SD, 5706940 income-restricted units36 1BR, 4 2BRBuilt 20034% + 9% LIHTCCompliance through ~2033TOWNE SQUARE APTS
505 W MAIN ST, VERMILLION, SD, 5706930 income-restricted units30 1BRBuilt 20024% LIHTCCompliance through ~2032PARKWOOD APTS
1209 MADISON ST, VERMILLION, SD, 5706924 income-restricted units6 1BR, 18 2BRBuilt 20009% LIHTCCompliance through ~2030RIVER COURT
912 ELM ST, VERMILLION, SD, 5706924 income-restricted unitsBuilt 1992Compliance through ~2022
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Applying with this agency
Application processes and waiting-list status vary by agency — contact Vermillion Housing and Redevelopment Commissi directly using the info above, or read our general guide to how to apply and how waiting lists work.
Evaluating this market
Landlords and investors: see becoming a Section 8 landlord and how to read this market's numbers.