South Dakota Fair Market Rents

2024 Fair Market Rents

2024 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 $963.

The highest average FMR for a two-bedroom apartment in the United States is $2,095 in Hawaii. The lowest for a two-bedroom apartment is $574 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 $1,196 in Fall River County. The lowest FMR for a two-bedroom apartment is $905 in Aurora County, Bon Homme County, and 30 others.

South Dakota ($963) has a 20.3% lower FMR for 2-Bedroom housing than the average of the US ($1,208) and therefore has a lower gross rent.

South Dakota is rank 41st out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 40 other States and territories. South Dakota is the 16th cheapest State or territory in terms of FMRs.

Average FMRs for South Dakota

41st
Rank
$662
Studio
$755
1-person
$963
2-person
$1,280
3-person
$1,531
4-person
Counties in South Dakota (66)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Fall River County 1st $811 $910 $1,196 $1,446 $1,921
Pennington County 2nd $788 $886 $1,163 $1,592 $1,781
Meade County 3rd $784 $880 $1,156 $1,546 $1,962
Custer County 4th $779 $875 $1,150 $1,621 $1,848
Stanley County 5th $727 $816 $1,072 $1,419 $1,722
Buffalo County 6th $720 $809 $1,063 $1,285 $1,708
Butte County 6th $740 $809 $1,063 $1,285 $1,708
Codington County 8th $714 $801 $1,053 $1,378 $1,776
Lincoln County 9th $769 $884 $1,042 $1,417 $1,768
McCook County 9th $769 $884 $1,042 $1,417 $1,768
Minnehaha County 9th $769 $884 $1,042 $1,417 $1,768
Turner County 9th $769 $884 $1,042 $1,417 $1,768
Lawrence County 13th $699 $785 $1,032 $1,454 $1,751
Hughes County 14th $697 $802 $1,029 $1,450 $1,653
Bennett County 15th $695 $780 $1,025 $1,239 $1,647
Haakon County 16th $685 $769 $1,011 $1,338 $1,624
Union County 17th $685 $780 $1,010 $1,228 $1,345
Brookings County 18th $784 $789 $1,007 $1,419 $1,709
Douglas County 19th $677 $760 $999 $1,323 $1,605
Potter County 20th $666 $748 $983 $1,301 $1,309
Clay County 21st $666 $747 $982 $1,384 $1,666
Hutchinson County 22nd $662 $743 $976 $1,195 $1,300
Kingsbury County 23rd $660 $741 $974 $1,178 $1,565
Harding County 24th $655 $736 $967 $1,280 $1,554
Hyde County 24th $655 $736 $967 $1,280 $1,554
Jerauld County 24th $655 $736 $967 $1,280 $1,554
Jones County 24th $655 $736 $967 $1,280 $1,554
Sully County 24th $655 $736 $967 $1,280 $1,554
Brown County 29th $746 $751 $960 $1,353 $1,629
Beadle County 30th $647 $726 $954 $1,216 $1,462
Davison County 31st $642 $721 $947 $1,309 $1,607
Lake County 32nd $628 $706 $927 $1,245 $1,511
Faulk County 33rd $627 $704 $925 $1,225 $1,486
Walworth County 34th $626 $703 $924 $1,117 $1,391
Aurora County 35th $613 $759 $905 $1,214 $1,454
Bon Homme County 35th $613 $712 $905 $1,275 $1,462
Brule County 35th $613 $689 $905 $1,275 $1,536
Campbell County 35th $613 $689 $905 $1,275 $1,454
Charles Mix County 35th $785 $805 $905 $1,269 $1,413
Clark County 35th $613 $693 $905 $1,105 $1,325
Corson County 35th $613 $689 $905 $1,100 $1,290
Day County 35th $613 $710 $905 $1,177 $1,454
Deuel County 35th $613 $689 $905 $1,275 $1,454
Dewey County 35th $613 $806 $905 $1,195 $1,226
Edmunds County 35th $613 $689 $905 $1,198 $1,454
Grant County 35th $613 $689 $905 $1,275 $1,454
Gregory County 35th $613 $696 $905 $1,229 $1,454
Hamlin County 35th $613 $695 $905 $1,225 $1,229
Hand County 35th $613 $714 $905 $1,275 $1,454
Hanson County 35th $613 $806 $905 $1,234 $1,239
Jackson County 35th $613 $806 $905 $1,108 $1,322
Lyman County 35th $613 $689 $905 $1,094 $1,536
McPherson County 35th $613 $689 $905 $1,275 $1,454
Marshall County 35th $613 $760 $905 $1,268 $1,454
Mellette County 35th $613 $689 $905 $1,190 $1,454
Miner County 35th $613 $689 $905 $1,198 $1,454
Moody County 35th $613 $689 $905 $1,256 $1,536
Oglala Lakota County 35th $613 $689 $905 $1,183 $1,454
Perkins County 35th $613 $729 $905 $1,251 $1,454
Roberts County 35th $613 $771 $905 $1,220 $1,529
Sanborn County 35th $613 $689 $905 $1,275 $1,454
Spink County 35th $613 $722 $905 $1,094 $1,349
Todd County 35th $613 $756 $905 $1,247 $1,454
Tripp County 35th $613 $733 $905 $1,227 $1,454
Yankton County 35th $613 $734 $905 $1,275 $1,536
Ziebach County 35th $613 $689 $905 $1,094 $1,276

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Data Source

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Fair Market Rents are estimated by the HUD.