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Fair Market Rent · South Dakota

Fair Market Rent in Minnehaha County, SD

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

$941studio
$1,0441 bedroom
$1,2282 bedrooms
$1,6943 bedrooms
$2,0534 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Minnehaha County is $1,228 a month, +6.2% from FY2026. Minnehaha County is part of the Sioux Falls, SD HUD Metro FMR Area (a metro 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$941$865+8.8%$847–1,035
1 bedroom$1,044$986+5.9%$940–1,148
2 bedrooms$1,228$1,156+6.2%$1,105–1,351
3 bedrooms$1,694$1,586+6.8%$1,525–1,863
4 bedrooms$2,053$1,939+5.9%$1,848–2,258

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 Minnehaha 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
57003Baltic$1,470$734$1,591
57005Brandon$1,240$992$972
57018Colton$1,050$733$736
57020Crooks$1,400$1,094$1,192
57022Dell Rapids$1,150$1,031$999
57030Garretson$1,050$718$724
57033Hartford$1,130$923$938
57035Humboldt$1,050$730$745
57041Lyons$1,160––
57055Renner$1,290––
57068Valley Springs$1,300$921$1,111
57103Sioux Falls$1,150$968$942
57104Sioux Falls$1,120$942$862
57105Sioux Falls$1,170$960$953
57106Sioux Falls$1,300$1,093$1,074
57107Sioux Falls$1,320$1,133$1,092
57110Sioux Falls$1,270$977$1,037
57117Sioux Falls$1,170––
57197Sioux Falls$1,170––

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.