Sagebrush Flats 180 Units of Affordable Housing

This project is currently under construction; completion is estimated April 2025.

This property is located at 925 & 965 E. Omaha Street,  Rapid City, SD 57701

Sagebrush Flats offers brand-new 1, 2, and 3 bedroom apartment homes in Rapid City. 

Amenities:

• Elevator
• Washer/Dryer In Unit
• Refrigerator, Stove, Microwave, Dishwasher, Garbage Disposal
• Air Conditioning
• Owner Paid Water, Sewer, & Trash
• Community Room
• Playground
• Basketball Court
• Balcony/Patio

These are affordable housing units targeted at individuals earning 60% of the Area Median Income. 

The income limits are the LIHTC Income Limits for 2024, set by HUD, and updated annually.

These numbers can be used as a starting guideline for potentially qualified applicants, but applicants will go through a thorough screening process to determine income qualification, as determined by HUD.

The households total gross annual income, from all sources, must not exceed the following limits:

1 Person Household: $37,800

2 Person Household: $43,200

3 Person Household: $48,600

4 Person Household: $53,940

5 Person Household: $58,260

6 Person Household: $62,580

7 Person Household: $66,900

8 Person Household: $71,220

RENT:

1 bedroom $947

2 bedroom $1137

3 bedroom $1319

Please visit https://blpmc.com/sagebrush-flats

We are excited for your interest. Please note that Sagebrush Flats is an Affordable Housing property, and you must meet specific conditions to live here. Complete this application as fully as possible and include the required documents to both expedite your application and to confirm you meet the needed qualifications. It will help you enter the information if you have your bank statements, employment paystubs, etc. on hand.

Applications Disclaimer: This property has utilized federal funding and will require all applicants to provide substantial information as to their household composition, annual income, and assets. Please know that our intention is to help all qualified households successfully navigate the application process, but we may need additional information to fully complete the process.