Monterey Apts LIHTCPB Section 8 Sioux Falls, SD

Profile last updated · Data vintage: HUD LIHTC 2024

Monterey Apts is a Low-Income Housing Tax Credit (LIHTC) community in Sioux Falls, SD with 16 units. Rents are set relative to household income.

16
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address4509 E Madison St, Sioux Falls, SD 57110 Map →
Tax-credit (LI) units16
Placed in service2011

How to apply at Monterey 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 4509 E Madison St, Sioux Falls; 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 Sioux Falls

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Ashbury Apts LIHTCSioux Falls1.1 km
Lacey Village Townhomes LIHTCSioux Falls1.4 km
Turning Leaf Apts LIHTCPB Section 8Sioux Falls1.7 km
Homestead Trails Rent to Own I LIHTCSioux Falls1.7 km
North Cleveland Apts I LIHTCSioux Falls1.7 km
North Cleveland Apts Ii LIHTCSioux Falls1.7 km
Ridgeview Apts Ii LIHTCSioux Falls2 km
Woodland Hills PB Section 8Sioux Falls2 km

← All subsidized housing in Sioux Falls

Frequently asked questions

What kind of subsidy does Monterey Apts have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. 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 Monterey 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 Monterey Apts?
Contact the management office at 4509 E Madison St in Sioux Falls. 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.