Housing market/South Dakota/ZIP 57501

ACS 2023 · FY2027 SAFMR

ZIP 57501 Pierre, Sully County, South Dakota

Sully 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
17,456
Households
7,185
Median HH income
$79,224
Renter share
24.5%
Median gross rent
$933
Vacancy
8.5%
Pop. change
+3.4%
2BR SAFMR
$1,200
SAFMR / rent
1.286×
2–49 unit stock
1,153
LIHTC proj / units
7 / 162
HUD assisted MF
5 / 117

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 57501 · SD — sent to you.

ZIP 57501 · SD

ACS median rent$933
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 57501

  • 1-unit detached5,07964.7%
  • 1-unit attached2162.8%
  • 2–4 units2693.4%
  • 5–49 units88411.3%
  • 50+ units3003.8%
  • Mobile1,10314.0%
TypeUnitsShare
1-unit detached5,07964.7%
1-unit attached2162.8%
2 units (duplex)831.1%
3–4 units1862.4%
5–9 units3404.3%
10–19 units3224.1%
20–49 units2222.8%
50+ units3003.8%
Mobile1,10314.0%

2–4 unit share 3.4% · 5–49 unit share 11.3% · combined 2–49 14.7%.

Units by bedrooms

Studio
150
1BR
616
2BR
1,746
3BR
3,088
4BR
1,528
5+
723

Rent burden

Rent ≥30% of income35.3%
Rent ≥50% of income8.1%
  • ACS median gross rent $933 (all bedrooms, occupied rentals).
  • Median contract rent $782.
  • Renters paying ≥30% of income 35.3%; ≥50% 8.1%.
  • FY2027 2BR SAFMR $1,200 (1.286× ACS median gross rent).

Population

17,456 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.4%.

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

Assisted inventory

  • LIHTC: 7 projects, 162 units.
  • HUD project-based assisted MF: 5 properties, 117 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 57501 24.5% of occupied households are renters; vacancy is 8.5%; ACS median gross rent is $933; population increased +3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 269 units in 2–4-unit structures and 884 units in 5–49-unit structures; 7 LIHTC projects totaling 162 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $933. 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 57501 is a Census / HUD profile for Sully 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 57501?

ZIP 57501 (Sully County, SD) has 17,456 residents, 7,185 households, a renter share of 24.5%, median household income of $79,224, and ACS 2023 median gross rent of $933. Vacancy is 8.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 57501?

ACS counts 83 units in 2-unit buildings, 186 in 3–4 unit buildings, 340 in 5–9, 322 in 10–19, and 222 in 20–49. Combined 2–49 unit stock is 1,153 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 57501?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 57501 — Pierre, SD HUD Section 8 Payment Standards / SAFMR.

Does this South Dakota ZIP profile include Georgia listings?

No. ZIP 57501 is Census / HUD research for Sully 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.