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South Dakota · FIPS 46093 · HUD FY 2027

Meade County, South Dakota Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Meade County is $1,357 a month (rent plus utilities), 14% above the South Dakota average of $1,187 and 23% below the U.S. average of $1,761. That is up $84 (6.6%) from FY 2026. At 30% of income, a household needs about $54,280 a year to afford it.

  • $1,3572-bedroom FMR+$84 (+6.6%) vs FY 2026
  • $1,0371-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
  • $54,280Income for a 2-bedroom$26/hour full-time
  • 4 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$1,357/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Meade County FMR$1,357$54,280–
South Dakota average$1,187$47,495–
U.S. average$1,761$70,432–
Meade County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMeade County FY 2027FY 2026ChangeSouth Dakota avgU.S. avgIncome needed
Studio$945$878+$67 (+7.6%)$862$1,379$37,800
1 bedroom$1,037$970+$67 (+6.9%)$958$1,478$41,480
2 bedrooms$1,357$1,273+$84 (+6.6%)$1,187$1,761$54,280
3 bedrooms$1,879$1,770+$109 (+6.2%)$1,579$2,266$75,160
4 bedrooms$2,268$2,136+$132 (+6.2%)$1,926$2,607$90,720

How Meade County compares

  • HUD sets this rent for the Meade County, SD metro FMR area, which covers 30,546 residents in 1 county.
  • Across South Dakota, 2-bedroom FMRs run from $1,014 (Ziebach County) to $1,430 (Pennington County).
  • Studio to 4-bedroom: $945, $1,037, $1,357, $1,879, $2,268. 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 14 ZIP codes mostly in Meade County (by land area), the 2-bedroom figure ranges from $1,150 to $1,820.

Small Area FMRs by ZIP code in Meade County

FY 2027 Small Area Fair Market Rents, ZIP codes in Meade County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
57706$1,270$1,390$1,820$2,470$3,040+$50 (+2.8%)34% above
57718$870$960$1,250$1,730$2,100+$20 (+1.6%)8% below
57719$1,080$1,180$1,550$2,030$2,590+$150 (+10.7%)14% above
57737$950$1,040$1,360$1,880$2,270+$90 (+7.1%)about the same as
57741$800$880$1,150$1,600$1,930+$160 (+16.2%)15% below
57748$820$900$1,180$1,600$1,930+$80 (+7.3%)13% below
57758$920$1,010$1,320$1,810$2,200+$80 (+6.5%)3% below
57761$830$920$1,210$1,600$1,970+$150 (+14.2%)11% below
57767$830$920$1,210$1,600$1,970+$150 (+14.2%)11% below
57769$980$1,080$1,410$1,950$2,360+$50 (+3.7%)4% above
57785$800$880$1,150$1,600$1,930+$160 (+16.2%)15% below
57787$950$1,040$1,360$1,880$2,270+$90 (+7.1%)about the same as
57791$980$1,070$1,400$1,850$2,340+$90 (+6.9%)3% above
57792$950$1,040$1,360$1,880$2,270+$90 (+7.1%)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