FY2026 Fair Market Rents — Butte County
Studio
$758
1BR
$838
2BR
$1,099
3BR
$1,318
4BR
$1,701
Butte County, South Dakota
FIPS 46019 · County-level FMR and income limit data
FMR Area: Butte County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $758 | $9,096 |
| 1-Bedroom | $838 | $10,056 |
| 2-Bedroom | $1,099 | $13,188 |
| 3-Bedroom | $1,318 | $15,816 |
| 4-Bedroom | $1,701 | $20,412 |
To afford the FY2026 2-bedroom FMR of $1,099/mo under the 30%-of-income rule, a household needs about
$43,960/yr ($3,663/mo). Area Median Income is $104,900.
At SD's state minimum wage of $11.50/hr, a worker would need to work 74 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $758 | $838 | $1,099 | $1,318 | $1,701 |
| FY2025 | $690 | $767 | $1,006 | $1,212 | $1,569 |
| FY2024 | $740 | $809 | $1,063 | $1,285 | $1,708 |
| FY2023 | $646 | $703 | $925 | $1,126 | $1,508 |
| FY2022 | $608 | $635 | $836 | $1,033 | $1,346 |
| FY2021 | $567 | $601 | $792 | $985 | $1,235 |
| FY2020 | $558 | $620 | $817 | $1,018 | $1,237 |
FY2026 Income Limits
Area Median Income: $104,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,050 | $25,200 | $28,350 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,750 | $42,000 | $47,250 | $52,450 | $56,650 | $60,850 |
| 80% AMI | $58,750 | $67,150 | $75,550 | $83,900 | $90,650 | $97,350 |