South Dakota

Tax credit apartments in Yankton, SD

HUD's database lists 8 properties in Yankton built or rehabbed with low-income housing tax credits: 241 apartments, 241 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Apple Creek

2900 Douglas Ave, Yankton, SD 57078

20 2BR, 23 3BR

Apartments
43
Income-restricted
43
Placed in service
2008

Memory Lane

901 Memory Ln, Yankton, SD 57078

Apartments
18
Income-restricted
18
Placed in service
1994

Sir Charles Apts

118 E Third St, Yankton, SD 57078

34 1BR

Apartments
34
Income-restricted
34
Placed in service
2011

Sutton Place I

3000 Douglas Ave, Yankton, SD 57078

27 2BR, 2 3BR

Apartments
29
Income-restricted
29
Placed in service
2001

Sutton Place II

2908 Douglas Ave, Yankton, SD 57078

28 2BR, 2 3BR

Apartments
30
Income-restricted
30
Placed in service
2002

Whiting Court Apartments

1006 Whiting Drive, Yankton, SD 57078

9 1BR, 8 2BR

Apartments
17
Income-restricted
17
Placed in service
2017

Yankton Heights Apartments

1200 West 30th Street, Yankton, SD 57104

6 1BR, 16 2BR, 8 3BR

Apartments
30
Income-restricted
30
Placed in service
2015

Yankton Heights II Apartments

1310 West 30th Street, Yankton, SD 57078

22 1BR, 18 2BR

Apartments
40
Income-restricted
40
Placed in service
2019

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.