Haakon County, SD

2024 Fair Market Rents

Tags: 2024 South Dakota

Return to the state page to see where South Dakota ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Haakon County are Philip, Kadoka, Midland, and Milesville. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Haakon County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Haakon County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Haakon County compare?

Haakon County ($1,011) has a 5% higher FMR for 2-Bedroom housing than the average of South Dakota ($963) and therefore a higher gross rent.

Haakon County is rank 16th out of 66 counties. This means the FMRs, or in other words, the gross rent is higher than 50 other counties. Haakon County is the 16th most expensive county in terms of FMRs.

Rent Tables Haakon County, SD

Fair Market Rent (40th Percentile)

$685
studio
$769
1-Bedroom
$1,011
2-Bedroom
$1,338
3-Bedroom
$1,624
4-Bedroom

Median Rent (50th Percentile)

$695
studio
$781
1-Bedroom
$1,026
2-Bedroom
$1,358
3-Bedroom
$1,648
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57553 $790 $880 $1,160 $1,590 $1,780
57775 $610 $690 $910 $1,240 $1,390
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57553 $711 $792 $1,044 $1,431 $1,602
57775 $549 $621 $819 $1,116 $1,251
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57553 $869 $968 $1,276 $1,749 $1,958
57775 $671 $759 $1,001 $1,364 $1,529

Fair Market Rents on this page apply to the following cities in Haakon County, South Dakota: Philip, Kadoka, Midland, Milesville, and Quinn.

These Fair Market Rents also apply to the following ZIP codes in Haakon County, South Dakota: 57567, 57543, 57552, 57553, and 57775.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.