FY2026 Fair Market Rents — Brookings County
Studio
$776
1BR
$781
2BR
$953
3BR
$1,325
4BR
$1,599
Brookings County, South Dakota
FIPS 46011 · County-level FMR and income limit data
FMR Area: Brookings County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $776 | $9,312 |
| 1-Bedroom | $781 | $9,372 |
| 2-Bedroom | $953 | $11,436 |
| 3-Bedroom | $1,325 | $15,900 |
| 4-Bedroom | $1,599 | $19,188 |
To afford the FY2026 2-bedroom FMR of $953/mo under the 30%-of-income rule, a household needs about
$38,120/yr ($3,177/mo). Area Median Income is $112,200.
At SD's state minimum wage of $11.50/hr, a worker would need to work 64 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $776 | $781 | $953 | $1,325 | $1,599 |
| FY2025 | $761 | $765 | $923 | $1,293 | $1,550 |
| FY2024 | $784 | $789 | $1,007 | $1,419 | $1,709 |
| FY2023 | $663 | $670 | $869 | $1,235 | $1,480 |
| FY2022 | $604 | $608 | $800 | $1,136 | $1,369 |
| FY2021 | $589 | $593 | $780 | $1,116 | $1,350 |
| FY2020 | $628 | $632 | $807 | $1,164 | $1,345 |
FY2026 Income Limits
Area Median Income: $112,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,600 | $26,950 | $30,300 | $33,650 | $38,680 | $44,360 |
| 50% AMI | $39,300 | $44,900 | $50,500 | $56,100 | $60,600 | $65,100 |
| 80% AMI | $62,850 | $71,800 | $80,800 | $89,750 | $96,950 | $104,150 |