FY2026 Fair Market Rents — Buffalo County
Studio
$830
1BR
$918
2BR
$1,204
3BR
$1,444
4BR
$1,864
Buffalo County, South Dakota
FIPS 46017 · County-level FMR and income limit data
FMR Area: Buffalo County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $830 | $9,960 |
| 1-Bedroom | $918 | $11,016 |
| 2-Bedroom | $1,204 | $14,448 |
| 3-Bedroom | $1,444 | $17,328 |
| 4-Bedroom | $1,864 | $22,368 |
To afford the FY2026 2-bedroom FMR of $1,204/mo under the 30%-of-income rule, a household needs about
$48,160/yr ($4,013/mo). Area Median Income is $57,100.
At SD's state minimum wage of $11.50/hr, a worker would need to work 81 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $830 | $918 | $1,204 | $1,444 | $1,864 |
| FY2025 | $742 | $825 | $1,082 | $1,304 | $1,688 |
| FY2024 | $720 | $809 | $1,063 | $1,285 | $1,708 |
| FY2023 | $611 | $667 | $878 | $1,069 | $1,431 |
| FY2022 | $541 | $575 | $757 | $936 | $1,219 |
| FY2021 | $503 | $546 | $719 | $894 | $1,121 |
| FY2020 | $532 | $591 | $779 | $971 | $1,180 |
FY2026 Income Limits
Area Median Income: $57,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,850 | $22,700 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,100 | $37,800 | $42,550 | $47,250 | $51,050 | $54,850 |
| 80% AMI | $52,950 | $60,500 | $68,050 | $75,600 | $81,650 | $87,700 |