South Dakota · FIPS 46115 · HUD FY 2027
Spink County, South Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Spink 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
- $8351-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 | Spink 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 | $835 | $777 | +$58 (+7.5%) | $958 | $1,478 | $33,400 |
| 2 bedrooms | $1,014 | $929 | +$85 (+9.1%) | $1,187 | $1,761 | $40,560 |
| 3 bedrooms | $1,208 | $1,114 | +$94 (+8.4%) | $1,579 | $2,266 | $48,320 |
| 4 bedrooms | $1,695 | $1,537 | +$158 (+10.3%) | $1,926 | $2,607 | $67,800 |
How Spink County compares
- Spink 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, $835, $1,014, $1,208, $1,695. 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 Spink County (by land area), the 2-bedroom figure ranges from $1,010 to $1,380.
Small Area FMRs by ZIP code in Spink County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 57424 | $710 | $830 | $1,010 | $1,210 | $1,700 | +$80 (+8.6%) | about the same as |
| 57429 | $710 | $830 | $1,010 | $1,210 | $1,700 | +$80 (+8.6%) | about the same as |
| 57434 | $710 | $840 | $1,010 | $1,230 | $1,660 | +$80 (+8.6%) | about the same as |
| 57436 | $960 | $1,140 | $1,380 | $1,640 | $2,310 | +$200 (+16.9%) | 36% above |
| 57440 | $840 | $990 | $1,210 | $1,460 | $2,010 | +$150 (+14.2%) | 19% above |
| 57461 | $710 | $830 | $1,010 | $1,210 | $1,700 | +$30 (+3.1%) | about the same as |
| 57465 | $720 | $820 | $1,030 | $1,270 | $1,680 | +$90 (+9.6%) | 2% above |
| 57469 | $710 | $840 | $1,020 | $1,220 | $1,700 | +$90 (+9.7%) | 1% above |
| 57476 | $710 | $830 | $1,010 | $1,210 | $1,700 | +$30 (+3.1%) | about the same as |
| 57477 | $710 | $830 | $1,010 | $1,210 | $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.