South Dakota · FIPS 46017 · HUD FY 2027
Buffalo County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Buffalo County is $1,409 a month (rent plus utilities), 19% above the South Dakota average of $1,187 and 20% below the U.S. average of $1,761. That is up $205 (17.0%) from FY 2026. At 30% of income, a household needs about $56,360 a year to afford it.
- $1,4092-bedroom FMR+$205 (+17.0%) vs FY 2026
- $1,0771-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $56,360Income for a 2-bedroom$27/hour full-time
- 2 of 662BR rank in South Dakota1 = highest rent
| Unit | Buffalo County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $981 | $830 | +$151 (+18.2%) | $862 | $1,379 | $39,240 |
| 1 bedroom | $1,077 | $918 | +$159 (+17.3%) | $958 | $1,478 | $43,080 |
| 2 bedrooms | $1,409 | $1,204 | +$205 (+17.0%) | $1,187 | $1,761 | $56,360 |
| 3 bedrooms | $1,679 | $1,444 | +$235 (+16.3%) | $1,579 | $2,266 | $67,160 |
| 4 bedrooms | $2,222 | $1,864 | +$358 (+19.2%) | $1,926 | $2,607 | $88,880 |
How Buffalo County compares
- Buffalo 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: $981, $1,077, $1,409, $1,679, $2,222. 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 2 ZIP codes mostly in Buffalo County (by land area), the 2-bedroom figure ranges from $1,090 to $1,410.
Small Area FMRs by ZIP code in Buffalo County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57339 | $980 | $1,080 | $1,410 | $1,680 | $2,220 | +$200 (+16.5%) | about the same as |
| 57341 | $750 | $830 | $1,090 | $1,390 | $1,680 | +$110 (+11.2%) | 23% below |
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.