Low Income & Subsidized Housing in Watertown, SD

There are 17 subsidized and income-restricted properties in Watertown with roughly 580 assisted units — including 7 project-based Section 8 buildings, 1 public housing developments, and 11 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $198 to $465 per month. Median reported wait: about 3 months.

17
assisted properties
580
subsidized units
$332
typical rent
3 mo
median wait

Map of subsidized housing in Watertown

Complete directory of subsidized housing in Watertown

PropertyUnitsAvg rentReported wait
Watertown Housing Authority Public Housing 85$465 3 mo
Jenkins Townview Apts PB Section 8 60$379
Tower Apartments PB Section 8 50$339
Tower of Watertown LIHTCPB Section 8 50
Colony West Apartments PB Section 8 48$371
Sunchase Ii LIHTC 41
Stone Bridge Apts PB Section 8 27$390
Stonebridge Apts LIHTC 27
Colonial Apts LIHTC 24
Cornell Apts I LIHTC 24
Cornell Apts Ii LIHTC 24
Plum Creek Apts LIHTC 24
Springwood LIHTC 24
Three Oaks Apts Ii LIHTC 24
Eastwood Apartments §811 18$421
Briar Creek Townhomes LIHTCPB Section 8 16
Jefferson Court LIHTCPB Section 8 14$198

Section 8 apartments in Watertown (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
Jenkins Townview Apts PB Section 8 60$379
Tower Apartments PB Section 8 50$339
Tower of Watertown LIHTCPB Section 8 50
Colony West Apartments PB Section 8 48$371
Stone Bridge Apts PB Section 8 27$390
Briar Creek Townhomes LIHTCPB Section 8 16
Jefferson Court LIHTCPB Section 8 14$198

Public housing developments in Watertown

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

PropertyUnitsAvg rentReported wait
Watertown Housing Authority Public Housing 85$465 3 mo

LIHTC & affordable tax-credit apartments in Watertown

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

PropertyUnitsAvg rentReported wait
Sunchase Ii LIHTC 41
Stonebridge Apts LIHTC 27
Colonial Apts LIHTC 24
Cornell Apts I LIHTC 24
Cornell Apts Ii LIHTC 24
Plum Creek Apts LIHTC 24
Springwood LIHTC 24
Three Oaks Apts Ii LIHTC 24

Voucher rent limits: Codington County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Codington County: studio $747, 1-BR $825, 2-BR $1,083, 3-BR $1,319, 4-BR $1,605.

Full FMR table for Codington County →

How to apply for subsidized housing in Watertown

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.