Housing market/South Dakota/ZIP 57053

ACS 2023 · FY2027 SAFMR

ZIP 57053 Parker, South Dakota

Sioux Falls, SD HUD Metro FMR Area · South Dakota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,132
Households
821
Median HH income
$92,708
Renter share
20.9%
Median gross rent
$929
Vacancy
6.8%
Pop. change
+20.2%
2BR SAFMR
$1,260
SAFMR / rent
1.356×
2–49 unit stock
80
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 57053 · SD — sent to you.

ZIP 57053 · SD

ACS median rent$929
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 57053

  • 1-unit detached75085.1%
  • 1-unit attached141.6%
  • 2–4 units364.1%
  • 5–49 units445.0%
  • Mobile374.2%
TypeUnitsShare
1-unit detached75085.1%
1-unit attached141.6%
2 units (duplex)293.3%
3–4 units70.8%
5–9 units161.8%
10–19 units283.2%
20–49 units00.0%
50+ units00.0%
Mobile374.2%

2–4 unit share 4.1% · 5–49 unit share 5.0% · combined 2–49 9.1%.

Units by bedrooms

Studio
15
1BR
74
2BR
126
3BR
305
4BR
298
5+
63

Rent burden

Rent ≥30% of income20.3%
Rent ≥50% of income12.8%
  • ACS median gross rent $929 (all bedrooms, occupied rentals).
  • Median contract rent $705.
  • Renters paying ≥30% of income 20.3%; ≥50% 12.8%.
  • FY2027 2BR SAFMR $1,260 (1.356× ACS median gross rent).

Population

2,132 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +20.2%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 57053 20.9% of occupied households are renters; vacancy is 6.8%; ACS median gross rent is $929; population increased +20.2% between the 2018 and 2023 ACS vintages; the housing stock includes 36 units in 2–4-unit structures and 44 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $929. 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 57053 is a Census / HUD profile for Sioux Falls, 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 57053?

ZIP 57053 (Sioux Falls, SD HUD Metro FMR Area) has 2,132 residents, 821 households, a renter share of 20.9%, median household income of $92,708, and ACS 2023 median gross rent of $929. Vacancy is 6.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 57053?

ACS counts 29 units in 2-unit buildings, 7 in 3–4 unit buildings, 16 in 5–9, 28 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 80 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 57053?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 57053 — Parker, SD HUD Section 8 Payment Standards / SAFMR.

Does this South Dakota ZIP profile include Georgia listings?

No. ZIP 57053 is Census / HUD research for Sioux Falls, SD HUD Metro FMR Area. 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.