South Dakota · FIPS 46027 · HUD FY 2027
Clay County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Clay County is $1,022 a month (rent plus utilities), 14% below the South Dakota average of $1,187 and 42% below the U.S. average of $1,761. That is up $93 (10.0%) from FY 2026. At 30% of income, a household needs about $40,880 a year to afford it.
- $1,0222-bedroom FMR+$93 (+10.0%) vs FY 2026
- $8211-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $40,880Income for a 2-bedroom$20/hour full-time
- 36 of 662BR rank in South Dakota1 = highest rent
| Unit | Clay County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $712 | $641 | +$71 (+11.1%) | $862 | $1,379 | $28,480 |
| 1 bedroom | $821 | $708 | +$113 (+16.0%) | $958 | $1,478 | $32,840 |
| 2 bedrooms | $1,022 | $929 | +$93 (+10.0%) | $1,187 | $1,761 | $40,880 |
| 3 bedrooms | $1,415 | $1,292 | +$123 (+9.5%) | $1,579 | $2,266 | $56,600 |
| 4 bedrooms | $1,708 | $1,558 | +$150 (+9.6%) | $1,926 | $2,607 | $68,320 |
How Clay County compares
- Clay 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: $712, $821, $1,022, $1,415, $1,708. 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 3 ZIP codes mostly in Clay County (by land area), the 2-bedroom figure ranges from $1,010 to $1,050.
Small Area FMRs by ZIP code in Clay County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57010 | $740 | $840 | $1,040 | $1,340 | $1,580 | +$80 (+8.3%) | 2% above |
| 57069 | $710 | $810 | $1,010 | $1,410 | $1,700 | +$80 (+8.6%) | 1% below |
| 57073 | $780 | $890 | $1,050 | $1,430 | $1,750 | +$110 (+11.7%) | 3% above |
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.