South Dakota · FIPS 46051 · HUD FY 2027
Grant County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Grant County is $1,179 a month (rent plus utilities), 1% below the South Dakota average of $1,187 and 33% below the U.S. average of $1,761. That is up $250 (26.9%) from FY 2026. At 30% of income, a household needs about $47,160 a year to afford it.
- $1,1792-bedroom FMR+$250 (+26.9%) vs FY 2026
- $9011-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $47,160Income for a 2-bedroom$23/hour full-time
- 18 of 662BR rank in South Dakota1 = highest rent
| Unit | Grant County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $821 | $641 | +$180 (+28.1%) | $862 | $1,379 | $32,840 |
| 1 bedroom | $901 | $708 | +$193 (+27.3%) | $958 | $1,478 | $36,040 |
| 2 bedrooms | $1,179 | $929 | +$250 (+26.9%) | $1,187 | $1,761 | $47,160 |
| 3 bedrooms | $1,405 | $1,292 | +$113 (+8.7%) | $1,579 | $2,266 | $56,200 |
| 4 bedrooms | $1,859 | $1,438 | +$421 (+29.3%) | $1,926 | $2,607 | $74,360 |
How Grant County compares
- Grant 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: $821, $901, $1,179, $1,405, $1,859. 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 10 ZIP codes mostly in Grant County (by land area), the 2-bedroom figure ranges from $1,050 to $1,180.
Small Area FMRs by ZIP code in Grant County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57216 | $760 | $840 | $1,080 | $1,320 | $1,730 | +$140 (+14.9%) | 8% below |
| 57246 | $820 | $900 | $1,180 | $1,410 | $1,860 | +$250 (+26.9%) | about the same as |
| 57251 | $740 | $830 | $1,050 | $1,310 | $1,590 | +$30 (+2.9%) | 11% below |
| 57252 | $790 | $870 | $1,140 | $1,360 | $1,800 | +$210 (+22.6%) | 3% below |
| 57256 | $750 | $880 | $1,070 | $1,410 | $1,690 | +$60 (+5.9%) | 9% below |
| 57259 | $760 | $860 | $1,090 | $1,400 | $1,720 | +$160 (+17.2%) | 8% below |
| 57264 | $820 | $900 | $1,180 | $1,410 | $1,860 | +$250 (+26.9%) | about the same as |
| 57265 | $800 | $910 | $1,140 | $1,500 | $1,710 | +$150 (+15.2%) | 3% below |
| 57266 | $780 | $910 | $1,120 | $1,430 | $1,830 | +$110 (+10.9%) | 5% below |
| 57269 | $820 | $900 | $1,180 | $1,410 | $1,860 | +$240 (+25.5%) | 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.