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Fair Market Rent · South Dakota

Fair Market Rent in Codington County, SD

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$871studio
$9431 bedroom
$1,2332 bedrooms
$1,5043 bedrooms
$1,7154 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Codington County is $1,233 a month, +13.9% from FY2026. Codington County is part of the Codington County, SD (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$871$747+16.6%$784–958
1 bedroom$943$825+14.3%$849–1,037
2 bedrooms$1,233$1,083+13.9%$1,110–1,356
3 bedrooms$1,504$1,319+14%$1,354–1,654
4 bedrooms$1,715$1,605+6.9%$1,544–1,887

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Codington County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
57201Watertown$1,230$986$941
57235Florence$1,130–$822
57243Henry$1,200–$1,083
57245Kranzburg$1,190––
57263South Shore$1,010–$663
57272Wallace$1,140–$584

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.