FY2026 Fair Market Rents — Charles Mix County
Studio
$803
1BR
$807
2BR
$929
3BR
$1,292
4BR
$1,558
Charles Mix County, South Dakota
FIPS 46023 · County-level FMR and income limit data
FMR Area: Charles Mix County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $803 | $9,636 |
| 1-Bedroom | $807 | $9,684 |
| 2-Bedroom | $929 | $11,148 |
| 3-Bedroom | $1,292 | $15,504 |
| 4-Bedroom | $1,558 | $18,696 |
To afford the FY2026 2-bedroom FMR of $929/mo under the 30%-of-income rule, a household needs about
$37,160/yr ($3,097/mo). Area Median Income is $84,000.
At SD's state minimum wage of $11.50/hr, a worker would need to work 63 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $803 | $807 | $929 | $1,292 | $1,558 |
| FY2025 | $752 | $756 | $872 | $1,222 | $1,433 |
| FY2024 | $785 | $805 | $905 | $1,269 | $1,413 |
| FY2023 | $575 | $706 | $826 | $1,131 | $1,222 |
| FY2022 | $541 | $636 | $757 | $1,004 | $1,110 |
| FY2021 | $503 | $547 | $719 | $935 | $1,024 |
| FY2020 | $487 | $542 | $714 | $890 | $1,016 |
FY2026 Income Limits
Area Median Income: $84,000
| 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 |