Housing market/South Dakota/ZIP 57272

ACS 2023 · FY2027 SAFMR

ZIP 57272 Wallace, Codington County, South Dakota

Codington 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.

Population
220
Households
56
Median HH income
$68,889
Renter share
48.2%
Median gross rent
$589
Vacancy
39.8%
Pop. change
-19.1%
2BR SAFMR
$1,140
SAFMR / rent
1.935×
2–49 unit stock
3
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 57272 · SD — sent to you.

ZIP 57272 · SD

ACS median rent$589
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 57272

  • 1-unit detached7681.7%
  • 2–4 units33.2%
  • Mobile1415.1%
TypeUnitsShare
1-unit detached7681.7%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units33.2%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile1415.1%

2–4 unit share 3.2% · 5–49 unit share 0.0% · combined 2–49 3.2%.

Units by bedrooms

Studio
0
1BR
24
2BR
6
3BR
24
4BR
25
5+
14

Rent burden

Rent ≥30% of income3.7%
Rent ≥50% of income0.0%
  • ACS median gross rent $589 (all bedrooms, occupied rentals).
  • Median contract rent $395.
  • Renters paying ≥30% of income 3.7%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,140 (1.935× ACS median gross rent).

Population

220 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -19.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 39 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 57272 48.2% of occupied households are renters; vacancy is 39.8%; ACS median gross rent is $589; population changed -19.1% between the 2018 and 2023 ACS vintages; the housing stock includes 3 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $589. 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 57272 is a Census / HUD profile for Codington County, SD. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 57272?

ZIP 57272 (Codington County, SD) has 220 residents, 56 households, a renter share of 48.2%, median household income of $68,889, and ACS 2023 median gross rent of $589. Vacancy is 39.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 57272?

ACS counts 0 units in 2-unit buildings, 3 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 3 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 57272?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 57272 — Wallace, SD HUD Section 8 Payment Standards / SAFMR.

Does this South Dakota ZIP profile include Georgia listings?

No. ZIP 57272 is Census / HUD research for Codington 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.