What is the Fair Market Rent for a 2-bedroom in Custer County, SD HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Custer County, SD HUD Metro FMR Area is $1,173 per month for fiscal year 2026. The studio FMR is $809, 1-bedroom is $894, 3-bedroom is $1,631, and 4-bedroom is $1,968.

What income do you need to afford the FMR in Custer County, SD HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $46,920 per year ($3,910 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,173 in Custer County, SD HUD Metro FMR Area.

FY2026 Fair Market Rents — Custer County, SD HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$809

1BR

$894

2BR

$1,173

3BR

$1,631

4BR

$1,968

Hours/week at min wage

79 hrs

to afford the 2BR FMR @ $11.50/hr (SD)

National rank

#389

of 661 U.S. metros (top 60% most expensive)

Voucher payment standard

$1,056–$1,290

PHAs set HCV payment at 90–110% of the 2BR FMR

Custer County, SD HUD Metro FMR Area

Metropolitan area · SD · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$809	$9,708
1-Bedroom	$894	$10,728
2-Bedroom	$1,173	$14,076
3-Bedroom	$1,631	$19,572
4-Bedroom	$1,968	$23,616

Recent 2-Bedroom FMR Trend

FY2017 $781 → FY2026 $1,173

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$809	$894	$1,173	$1,631	$1,968
FY2021	$614	$706	$931	$1,158	$1,290
FY2020	$585	$682	$898	$1,119	$1,309
FY2019	$596	$670	$886	$1,166	$1,403
FY2018	$567	$635	$844	$1,206	$1,407
FY2017	$519	$588	$781	$1,109	$1,326

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $103,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$21,700	$24,800	$27,900	$33,000	$38,680	$44,360
50% AMI (Very Low)	$36,150	$41,300	$46,450	$51,600	$55,750	$59,900
80% AMI (Low)	$57,800	$66,050	$74,300	$82,550	$89,200	$95,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,076/yr

FMR as % of Area Median Income

13.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$46,920/yr

$3,910/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$903	$1,032	$1,161	$1,393	$1,496
60% AMI Maximum	$1,083	$1,238	$1,393	$1,671	$1,795

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$809	$894	$1,173	$1,631	$1,677
Low HOME Rent	$903	$1,032	$1,161	$1,290	$1,393

Compare Custer County, SD HUD Metro FMR Area With Other SD Metros

vs. Meade County, SD HUD Metro FMR Area vs. Rapid City, SD HUD Metro FMR Area vs. Sioux Falls, SD MSA

Counties in This FMR Area

Custer County