Whether you're seeking a rental home in our state's largest city or an apartment with an affordable price tag (or even a home you'd own outright), you have plenty of options in Sioux Falls. We've assembled some useful information for those hunting for the most budget-friendly rental and purchased properties in the city limits.

Read on for our guide to affordable housing in Sioux Falls.

Participating Managers

Sioux Falls has a variety of property managers and companies that take part in SDHDA rental assistance programs—when starting your affordable housing search, here's a good place to begin:

Building Affordably

If building is on the agenda, you have one major option for an energy-efficient, affordable home in Sioux Falls—the Governor's House program. The program grants those who are income-qualified the opportunity to purchase a reasonably priced, pre-built home. Homeowners supply the lot, foundation and utility hookups, among other items. Find out more here.

Repairing Affordably

The City of Sioux Falls also offers up resources for homebuyers on a budget—if you meet certain income and homeownership standards, you may qualify for assistance from the city. Check out some of the options available to you locally here. And if you are eligible, the Community Home Improvement Program from SDHDA provides a low interest loans for borrowers to improve or repair their single family home. Read more here.

Buying Affordably

If you are a first-time buyer, you may also be a good fit for South Dakota's statewide First-Time Homebuyer program. Read more here.