FY2026 Fair Market Rents — Douglas County
Studio
$654
1BR
$722
2BR
$948
3BR
$1,206
4BR
$1,468
Douglas County, South Dakota
FIPS 46043 · County-level FMR and income limit data
FMR Area: Douglas County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $654 | $7,848 |
| 1-Bedroom | $722 | $8,664 |
| 2-Bedroom | $948 | $11,376 |
| 3-Bedroom | $1,206 | $14,472 |
| 4-Bedroom | $1,468 | $17,616 |
To afford the FY2026 2-bedroom FMR of $948/mo under the 30%-of-income rule, a household needs about
$37,920/yr ($3,160/mo). Area Median Income is $109,700.
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 | $654 | $722 | $948 | $1,206 | $1,468 |
| FY2025 | $610 | $684 | $900 | $1,201 | $1,445 |
| FY2024 | $677 | $760 | $999 | $1,323 | $1,605 |
| FY2023 | $632 | $690 | $908 | $1,212 | $1,480 |
| FY2022 | $599 | $637 | $838 | $1,100 | $1,349 |
| FY2021 | $523 | $568 | $748 | $974 | $1,166 |
| FY2020 | $487 | $559 | $714 | $924 | $1,081 |
FY2026 Income Limits
Area Median Income: $109,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,050 | $26,350 | $29,650 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $38,400 | $43,900 | $49,400 | $54,850 | $59,250 | $63,650 |
| 80% AMI | $61,450 | $70,200 | $79,000 | $87,750 | $94,800 | $101,800 |