South Dakota · FIPS 46047 · HUD FY 2027
Fall River County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Fall River County is $1,289 a month (rent plus utilities), 9% above the South Dakota average of $1,187 and 27% below the U.S. average of $1,761. That is up $137 (11.9%) from FY 2026. At 30% of income, a household needs about $51,560 a year to afford it.
- $1,2892-bedroom FMR+$137 (+11.9%) vs FY 2026
- $9851-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $51,560Income for a 2-bedroom$25/hour full-time
- 6 of 662BR rank in South Dakota1 = highest rent
| Unit | Fall River County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $898 | $794 | +$104 (+13.1%) | $862 | $1,379 | $35,920 |
| 1 bedroom | $985 | $878 | +$107 (+12.2%) | $958 | $1,478 | $39,400 |
| 2 bedrooms | $1,289 | $1,152 | +$137 (+11.9%) | $1,187 | $1,761 | $51,560 |
| 3 bedrooms | $1,616 | $1,381 | +$235 (+17.0%) | $1,579 | $2,266 | $64,640 |
| 4 bedrooms | $2,033 | $1,783 | +$250 (+14.0%) | $1,926 | $2,607 | $81,320 |
How Fall River County compares
- Fall River County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across South Dakota, 2-bedroom FMRs run from $1,014 (Ziebach County) to $1,430 (Pennington County).
- Studio to 4-bedroom: $898, $985, $1,289, $1,616, $2,033. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 5 ZIP codes mostly in Fall River County (by land area), the 2-bedroom figure ranges from $1,190 to $1,290.
Small Area FMRs by ZIP code in Fall River County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57735 | $830 | $910 | $1,190 | $1,510 | $1,890 | +$200 (+20.2%) | 8% below |
| 57747 | $880 | $960 | $1,260 | $1,590 | $2,000 | +$120 (+10.5%) | 2% below |
| 57763 | $900 | $990 | $1,290 | $1,620 | $2,030 | +$130 (+11.2%) | about the same as |
| 57766 | $900 | $990 | $1,290 | $1,620 | $2,030 | +$140 (+12.2%) | about the same as |
| 57782 | $900 | $990 | $1,290 | $1,620 | $2,030 | +$130 (+11.2%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.