Housing market/South Dakota/ZIP 57069
ZIP 57069 Vermillion, Clay County, South Dakota
Clay County, SD · South Dakota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 57069 · SD — sent to you.
ZIP 57069 · SD
ACS rent vs 2BR SAFMR
ZIP 57069 — Vermillion, SD HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 57069
- 1-unit detached2,66650.2%
- 1-unit attached1262.4%
- 2–4 units66312.5%
- 5–49 units1,59730.1%
- 50+ units480.9%
- Mobile2073.9%
2–4 unit share 12.5% · 5–49 unit share 30.1% · combined 2–49 42.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $731 (all bedrooms, occupied rentals).
- Median contract rent $642.
- Renters paying ≥30% of income 34.1%; ≥50% 27.2%.
- FY2027 2BR SAFMR $1,010 (1.382× ACS median gross rent).
Population
12,937 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +8.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 8 projects, 252 units.
- HUD project-based assisted MF: 5 properties, 122 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 5 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 57069 52.9% of occupied households are renters; vacancy is 10.4%; ACS median gross rent is $731; population increased +8.1% between the 2018 and 2023 ACS vintages; the housing stock includes 663 units in 2–4-unit structures and 1,597 units in 5–49-unit structures; 8 LIHTC projects totaling 252 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $731. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
South Dakota research
ZIP 57069 is a Census / HUD profile for Clay County, SD. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 57069 — Vermillion, SD HUD Section 8 Payment Standards / SAFMR·South Dakota ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is South Dakota research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 57069?
ZIP 57069 (Clay County, SD) has 12,937 residents, 4,757 households, a renter share of 52.9%, median household income of $54,720, and ACS 2023 median gross rent of $731. Vacancy is 10.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 57069?
ACS counts 169 units in 2-unit buildings, 494 in 3–4 unit buildings, 664 in 5–9, 789 in 10–19, and 144 in 20–49. Combined 2–49 unit stock is 2,260 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 57069?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 57069 — Vermillion, SD HUD Section 8 Payment Standards / SAFMR.
Does this South Dakota ZIP profile include Georgia listings?
No. ZIP 57069 is Census / HUD research for Clay County, SD. Jeff Crowe CRE does not list South Dakota property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.