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South Dakota Fair Market Rents

2023 Fair Market Rents

2023 FMRs in South Dakota by county. Click on the map below to view FMRs for a particular county.

South Dakota Map

Minimum FMR
Maximum FMR

FMRs vary across South Dakota based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in South Dakota is $861.

The highest average FMR for a two-bedroom apartment in the United States is $1,951 in Hawaii. The lowest for a two-bedroom apartment is $519 in Puerto Rico.

FMRs in South Dakota are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does South Dakota compare?

The highest FMR for a two-bedroom apartment in South Dakota is $1,056 in Custer County. The lowest FMR for a two-bedroom apartment is $826 in Clark County.

South Dakota ($861) has a 21.4% lower FMR for 2-Bedroom housing than the average of the US ($1,096) and therefore has a lower gross rent.

South Dakota is rank 43rd out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 42 other States and territories. South Dakota is the 14th cheapest State or territory in terms of FMRs.

Average FMRs for South Dakota

43rd
Rank
$601
Studio
$673
1-person
$861
2-person
$1,143
3-person
$1,377
4-person
Counties in South Dakota (65)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Custer County 1st $735 $802 $1,056 $1,389 $1,722
Meade County 2nd $677 $769 $1,012 $1,345 $1,724
Fall River County 3rd $705 $770 $1,013 $1,233 $1,652
McCook County 4th $710 $793 $949 $1,274 $1,616
Turner County 4th $710 $793 $949 $1,274 $1,616
Lincoln County 4th $710 $793 $949 $1,274 $1,616
Minnehaha County 4th $710 $793 $949 $1,274 $1,616
Pennington County 8th $665 $756 $995 $1,374 $1,509
Stanley County 9th $673 $735 $968 $1,292 $1,578
Codington County 10th $601 $683 $899 $1,224 $1,531
Hughes County 11th $601 $683 $899 $1,278 $1,466
Douglas County 12th $632 $690 $908 $1,212 $1,480
Brookings County 13th $663 $670 $869 $1,235 $1,480
Butte County 14th $646 $703 $925 $1,126 $1,508
Haakon County 15th $626 $684 $900 $1,201 $1,467
Lawrence County 16th $584 $664 $874 $1,242 $1,489
Clay County 17th $584 $663 $873 $1,241 $1,487
Davison County 18th $593 $647 $852 $1,167 $1,451
Brown County 19th $638 $643 $829 $1,178 $1,412
Buffalo County 20th $611 $667 $878 $1,069 $1,431
Jerauld County 21st $575 $731 $826 $1,174 $1,347
Union County 22nd $620 $705 $928 $1,139 $1,247
Gregory County 23rd $575 $646 $826 $1,174 $1,407
Brule County 24th $575 $628 $826 $1,174 $1,407
Bennett County 25th $593 $734 $853 $1,038 $1,391
Moody County 26th $575 $656 $826 $1,135 $1,407
Sanborn County 27th $575 $656 $826 $1,174 $1,347
Yankton County 28th $575 $638 $826 $1,154 $1,366
Hand County 29th $575 $628 $826 $1,174 $1,347
Marshall County 29th $575 $628 $826 $1,174 $1,347
McPherson County 29th $575 $628 $826 $1,174 $1,347
Deuel County 29th $575 $628 $826 $1,174 $1,347
Kingsbury County 33rd $596 $651 $857 $1,043 $1,397
Roberts County 34th $575 $673 $826 $1,117 $1,349
Edmunds County 35th $575 $628 $826 $1,103 $1,407
Campbell County 36th $575 $628 $826 $1,162 $1,347
Lake County 37th $575 $634 $826 $1,174 $1,320
Jones County 38th $580 $634 $834 $1,113 $1,360
Sully County 38th $580 $634 $834 $1,113 $1,360
Harding County 38th $580 $634 $834 $1,113 $1,360
Perkins County 41st $575 $664 $826 $1,106 $1,347
Faulk County 42nd $576 $629 $828 $1,105 $1,350
Day County 43rd $575 $651 $826 $1,081 $1,347
Todd County 43rd $575 $628 $826 $1,104 $1,347
Hutchinson County 45th $600 $681 $897 $1,092 $1,205
Aurora County 46th $575 $690 $826 $1,027 $1,347
Mellette County 47th $575 $628 $826 $1,086 $1,347
Charles Mix County 48th $575 $706 $826 $1,131 $1,222
Lyman County 49th $575 $628 $826 $1,005 $1,407
Tripp County 50th $575 $628 $826 $1,037 $1,347
Bon Homme County 51st $575 $628 $826 $1,174 $1,193
Grant County 52nd $575 $628 $826 $1,012 $1,347
Miner County 53rd $575 $628 $826 $1,005 $1,347
Hyde County 53rd $575 $628 $826 $1,005 $1,347
Beadle County 55th $586 $629 $828 $1,077 $1,257
Hamlin County 55th $575 $660 $826 $1,156 $1,160
Jackson County 57th $575 $731 $826 $1,042 $1,154
Ziebach County 58th $575 $628 $826 $1,024 $1,267
Hanson County 59th $575 $628 $826 $1,133 $1,137
Dewey County 60th $575 $718 $826 $1,057 $1,113
Walworth County 61st $575 $628 $827 $1,007 $1,244
Corson County 62nd $575 $731 $826 $1,005 $1,143
Potter County 63rd $575 $628 $826 $1,103 $1,118
Spink County 64th $575 $641 $826 $1,005 $1,174
Clark County 65th $575 $628 $826 $1,005 $1,183

More on South Dakota

Want to learn more about South Dakota? See Loan Limits in South Dakota to view maximum loan amounts or click here to find a Public Housing Authority in South Dakota who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.


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