South Dakota · FIPS 46101 · HUD FY 2027
Moody County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Moody County is $1,014 a month (rent plus utilities), 15% below the South Dakota average of $1,187 and 42% below the U.S. average of $1,761. That is up $85 (9.1%) from FY 2026. At 30% of income, a household needs about $40,560 a year to afford it.
- $1,0142-bedroom FMR+$85 (+9.1%) vs FY 2026
- $8171-bedroom FMRSouth Dakota: $958 · U.S.: $1,478
- $40,560Income for a 2-bedroom$20/hour full-time
- 38 of 662BR rank in South Dakota1 = highest rent
| Unit | Moody County FY 2027 | FY 2026 | Change | South Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $706 | $641 | +$65 (+10.1%) | $862 | $1,379 | $28,240 |
| 1 bedroom | $817 | $708 | +$109 (+15.4%) | $958 | $1,478 | $32,680 |
| 2 bedrooms | $1,014 | $929 | +$85 (+9.1%) | $1,187 | $1,761 | $40,560 |
| 3 bedrooms | $1,347 | $1,243 | +$104 (+8.4%) | $1,579 | $2,266 | $53,880 |
| 4 bedrooms | $1,694 | $1,438 | +$256 (+17.8%) | $1,926 | $2,607 | $67,760 |
How Moody County compares
- Moody 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: $706, $817, $1,014, $1,347, $1,694. 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 4 ZIP codes mostly in Moody County (by land area), the 2-bedroom figure ranges from $1,010 to $1,060.
Small Area FMRs by ZIP code in Moody County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57017 | $710 | $820 | $1,010 | $1,360 | $1,700 | +$80 (+8.6%) | about the same as |
| 57024 | $740 | $850 | $1,060 | $1,410 | $1,770 | +$120 (+12.8%) | 5% above |
| 57028 | $720 | $830 | $1,030 | $1,370 | $1,720 | +$90 (+9.6%) | 2% above |
| 57065 | $710 | $820 | $1,010 | $1,360 | $1,700 | +$80 (+8.6%) | 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.