Hanson 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 Hanson County are Emery, Alexandria, Bridgewater, and Canova. 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 Hanson County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Hanson 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 Hanson County compare?

Hanson County ($905) has a 6% lower FMR for 2-Bedroom housing than the average of South Dakota ($963) and therefore has a lower gross rent.

Hanson County is rank 35th out of 66 counties. This means the FMRs, or in other words, the gross rent is lower than 34 other counties. Hanson County is the 32nd cheapest county in terms of FMRs.

Rent Tables Hanson County, SD

Fair Market Rent (40th Percentile)

$613
studio
$806
1-Bedroom
$905
2-Bedroom
$1,234
3-Bedroom
$1,239
4-Bedroom

Median Rent (50th Percentile)

$613
studio
$806
1-Bedroom
$905
2-Bedroom
$1,234
3-Bedroom
$1,239
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
57319 $680 $780 $920 $1,250 $1,560
57321 $670 $770 $910 $1,230 $1,540
57332 $670 $770 $910 $1,230 $1,540
57374 $670 $770 $910 $1,230 $1,540
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57319 $612 $702 $828 $1,125 $1,404
57321 $603 $693 $819 $1,107 $1,386
57332 $603 $693 $819 $1,107 $1,386
57374 $603 $693 $819 $1,107 $1,386
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57319 $748 $858 $1,012 $1,375 $1,716
57321 $737 $847 $1,001 $1,353 $1,694
57332 $737 $847 $1,001 $1,353 $1,694
57374 $737 $847 $1,001 $1,353 $1,694

Fair Market Rents on this page apply to the following cities in Hanson County, South Dakota: Emery, Alexandria, Bridgewater, Canova, Fulton, and Spencer.

These Fair Market Rents also apply to the following ZIP codes in Hanson County, South Dakota: 57332, 57311, 57319, 57321, 57340, and 57374.

More on Hanson County, SD

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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