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South Dakota · FIPS 46055 · HUD FY 2027

Haakon County, South Dakota Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Haakon County is $1,064 a month (rent plus utilities), 10% below the South Dakota average of $1,187 and 40% below the U.S. average of $1,761. That is up $116 (12.2%) from FY 2026. At 30% of income, a household needs about $42,560 a year to afford it.

  • $1,0642-bedroom FMR+$116 (+12.2%) vs FY 2026
  • $8131-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
  • $42,560Income for a 2-bedroom$20/hour full-time
  • 26 of 662BR rank in South Dakota1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,064/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Haakon County FMR$1,064$42,560–
South Dakota average$1,187$47,495–
U.S. average$1,761$70,432–
Haakon County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitHaakon County FY 2027FY 2026ChangeSouth Dakota avgU.S. avgIncome needed
Studio$741$654+$87 (+13.3%)$862$1,379$29,640
1 bedroom$813$722+$91 (+12.6%)$958$1,478$32,520
2 bedrooms$1,064$948+$116 (+12.2%)$1,187$1,761$42,560
3 bedrooms$1,368$1,206+$162 (+13.4%)$1,579$2,266$54,720
4 bedrooms$1,678$1,468+$210 (+14.3%)$1,926$2,607$67,120

How Haakon County compares

  • Haakon 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: $741, $813, $1,064, $1,368, $1,678. 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 Haakon County (by land area), the 2-bedroom figure ranges from $1,060 to $1,210.

Small Area FMRs by ZIP code in Haakon County

FY 2027 Small Area Fair Market Rents, ZIP codes in Haakon County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
57552$760$850$1,090$1,410$1,680+$120 (+12.4%)2% above
57553$830$920$1,210$1,570$1,970+$200 (+19.8%)14% above
57567$740$810$1,060$1,370$1,680+$110 (+11.6%)about the same as

Sources

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.

All South Dakota counties · How HUD sets these rents