FY2026 Fair Market Rents — Fall River County
Studio
$794
1BR
$878
2BR
$1,152
3BR
$1,381
4BR
$1,783
Fall River County, South Dakota
FIPS 46047 · County-level FMR and income limit data
FMR Area: Fall River County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $794 | $9,528 |
| 1-Bedroom | $878 | $10,536 |
| 2-Bedroom | $1,152 | $13,824 |
| 3-Bedroom | $1,381 | $16,572 |
| 4-Bedroom | $1,783 | $21,396 |
To afford the FY2026 2-bedroom FMR of $1,152/mo under the 30%-of-income rule, a household needs about
$46,080/yr ($3,840/mo). Area Median Income is $95,000.
At SD's state minimum wage of $11.50/hr, a worker would need to work 78 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $794 | $878 | $1,152 | $1,381 | $1,783 |
| FY2025 | $731 | $819 | $1,077 | $1,302 | $1,729 |
| FY2024 | $811 | $910 | $1,196 | $1,446 | $1,921 |
| FY2023 | $705 | $770 | $1,013 | $1,233 | $1,652 |
| FY2022 | $610 | $648 | $853 | $1,054 | $1,373 |
| FY2021 | $512 | $555 | $732 | $945 | $1,267 |
| FY2020 | $497 | $608 | $728 | $1,050 | $1,275 |
FY2026 Income Limits
Area Median Income: $95,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,950 | $22,800 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,250 | $38,000 | $42,750 | $47,500 | $51,300 | $55,100 |
| 80% AMI | $53,200 | $60,800 | $68,400 | $76,000 | $82,100 | $88,200 |