Lawrence 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 Lawrence County are Rapid City, Sturgis, Lead, and Deadwood. 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 Lawrence County use?

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

Lawrence County ($1,032) has a 7.1% higher FMR for 2-Bedroom housing than the average of South Dakota ($964) and therefore a higher gross rent.

Lawrence County is rank 11th out of 65 counties. This means the FMRs, or in other words, the gross rent is higher than 54 other counties. Lawrence County is the 11th most expensive county in terms of FMRs.

Rent Tables Lawrence County, SD

Fair Market Rent (40th Percentile)

$699
studio
$785
1-Bedroom
$1,032
2-Bedroom
$1,454
3-Bedroom
$1,751
4-Bedroom

Median Rent (50th Percentile)

$733
studio
$823
1-Bedroom
$1,082
2-Bedroom
$1,525
3-Bedroom
$1,836
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
57702 $0 $930 $1,220 $1,670 $1,870
57732 $0 $700 $920 $1,260 $1,410
57754 $0 $880 $1,160 $1,590 $1,780
57702 $0 $930 $1,220 $1,670 $1,870
57785 $0 $700 $920 $1,220 $1,560
57793 $0 $700 $920 $1,220 $1,560
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57702 $747 $837 $1,098 $1,503 $1,683
57732 $558 $630 $828 $1,134 $1,269
57754 $711 $792 $1,044 $1,431 $1,602
57702 $747 $837 $1,098 $1,503 $1,683
57785 $549 $630 $828 $1,098 $1,404
57793 $549 $630 $828 $1,098 $1,404
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57702 $913 $1,023 $1,342 $1,837 $2,057
57732 $682 $770 $1,012 $1,386 $1,551
57754 $869 $968 $1,276 $1,749 $1,958
57702 $913 $1,023 $1,342 $1,837 $2,057
57785 $671 $770 $1,012 $1,342 $1,716
57793 $671 $770 $1,012 $1,342 $1,716

Fair Market Rents on this page apply to the following cities in Lawrence County, South Dakota: Rapid City, Sturgis, Lead, Deadwood, Whitewood, Nemo, and Spearfish.

These Fair Market Rents also apply to the following ZIP codes in Lawrence County, South Dakota: 57702, 57785, 57754, 57732, 57793, 57759, and 57799.

More on Lawrence County, SD

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Data Source

HUD Seal

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