Memorial Park Apts LIHTC Rapid City, SD

Profile last updated · Data vintage: HUD LIHTC 2024

Memorial Park Apts is a Low-Income Housing Tax Credit (LIHTC) community in Rapid City, SD with 61 units. Rents are set relative to household income.

61
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address420 Philadelphia St, Rapid City, SD 57701 Map →
Tax-credit (LI) units61
Placed in service1998

How to apply at Memorial Park Apts

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 420 Philadelphia St, Rapid City; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Rapid City

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Cornerstone Apts LIHTCPB Section 8Rapid City1.1 km
Rapid Creek Apts LIHTCPB Section 8Rapid City1.4 km
Northern Heights PB Section 8Rapid City1.4 km
Maplewood Elderly PB Section 8Rapid City1.4 km
Maplewood Townhouses PB Section 8Rapid City1.4 km
Boulevard Manor LIHTCRapid City1.4 km
Northern Heights Explorer PB Section 8Rapid City1.4 km
Sundial Square Apts Ii LIHTCRapid City1.4 km

← All subsidized housing in Rapid City

Frequently asked questions

What kind of subsidy does Memorial Park Apts have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Memorial Park Apts?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Memorial Park Apts?
Contact the management office at 420 Philadelphia St in Rapid City. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.