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Fair Market Rent · South Dakota

Fair Market Rent in Lake County, SD

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

$804studio
$8821 bedroom
$1,1542 bedrooms
$1,3753 bedrooms
$1,9294 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Lake County is $1,154 a month, +19% from FY2026. Lake County is part of the Lake 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$804$669+20.2%$724–884
1 bedroom$882$739+19.4%$794–970
2 bedrooms$1,154$970+19%$1,039–1,269
3 bedrooms$1,375$1,163+18.2%$1,238–1,513
4 bedrooms$1,929$1,627+18.6%$1,736–2,122

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 Lake 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
57016Chester$1,410–$1,146
57042Madison$1,150$1,020$963
57050Nunda$1,150––
57054Ramona$1,150–$850
57057Rutland$1,080––
57075Wentworth$1,080$867$733
57076Winfred$1,080–$909

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.