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Rent by ZIP · Minnehaha County

Rent in Valley Springs, SD 57068

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,300 (+6.6% vs FY2026). Renters in this ZIP code pay a median $1,111 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,000$910+9.9%$900–1,100–
1 bedroom$1,100$1,040+5.8%$990–1,210–
2 bedrooms$1,300$1,220+6.6%$1,170–1,430$921 ±$121
3 bedrooms$1,790$1,670+7.2%$1,611–1,969$1,214 ±$171
4 bedrooms$2,170$2,040+6.4%$1,953–2,387–

Small Area FMRs for the Sioux Falls, SD HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Sioux Falls, SD HUD Metro FMR Area, 2 bedrooms: $1,228.

What renters pay in 57068

Median gross rent$1,111±$143 · all sizes
Renter households8714% of occupied homes
No cash rent3households

How rents are spread

Under $1,00036%
$1,000–1,49962%
$1,500–1,9990%
$2,000–2,4992%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
57067Utica$1,020–
57069Vermillion$1,010$826
57066Tyndall$1,040$593
57070Viborg$1,050$675
57065Trent$1,010$767
57071Volga$1,180$1,091

Fair Market Rents across Minnehaha County, SD · All SD counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.