South Dakota · FIPS 46035 · HUD FY 2027
Davison County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Davison County is $1,087 a month (rent plus utilities), 8% below the South Dakota average of $1,187 and 38% below the U.S. average of $1,761. That is up $151 (16.1%) from FY 2026. At 30% of income, a household needs about $43,480 a year to afford it.
- $1,0872-bedroom FMR+$151 (+16.1%) vs FY 2026
- $8311-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $43,480Income for a 2-bedroom$21/hour full-time
- 22 of 662BR rank in South Dakota1 = highest rent
| Unit | Davison County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $757 | $645 | +$112 (+17.4%) | $862 | $1,379 | $30,280 |
| 1 bedroom | $831 | $713 | +$118 (+16.5%) | $958 | $1,478 | $33,240 |
| 2 bedrooms | $1,087 | $936 | +$151 (+16.1%) | $1,187 | $1,761 | $43,480 |
| 3 bedrooms | $1,505 | $1,302 | +$203 (+15.6%) | $1,579 | $2,266 | $60,200 |
| 4 bedrooms | $1,817 | $1,570 | +$247 (+15.7%) | $1,926 | $2,607 | $72,680 |
How Davison County compares
- Davison 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: $757, $831, $1,087, $1,505, $1,817. 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 Davison County (by land area), the 2-bedroom figure ranges from $1,090 to $1,290.
Small Area FMRs by ZIP code in Davison County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57301 | $760 | $840 | $1,090 | $1,510 | $1,820 | +$160 (+17.2%) | about the same as |
| 57334 | $820 | $950 | $1,180 | $1,620 | $1,870 | +$190 (+19.2%) | 9% above |
| 57363 | $900 | $990 | $1,290 | $1,790 | $2,160 | +$110 (+9.3%) | 19% 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.