Compare Fair Market Rents — FY2026
| Bedroom | Rapid City, SD HUD Metro... | Sioux Falls, SD MSA |
|---|---|---|
| Studio | $921 | $865 |
| 1-Bedroom | $1,018 | $986 |
| 2-Bedroom | $1,336 | $1,156 |
| 3-Bedroom | $1,743 | $1,586 |
| 4-Bedroom | $2,178 | $1,939 |
Income Limits & Affordability
| Metric | Rapid City, SD HUD Metro... | Sioux Falls, SD MSA |
|---|---|---|
| Area Median Income (4p) | $101,300 | $118,700 |
| 50% AMI Limit (4p) | $50,650 | $59,350 |
| Income needed for 2BR FMR (30% rule) | $53,440 | $46,240 |