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