FY2026 Fair Market Rents — Hamlin County
Studio
$641
1BR
$708
2BR
$929
3BR
$1,225
4BR
$1,230
Hamlin County, South Dakota
FIPS 46057 · County-level FMR and income limit data
FMR Area: Hamlin County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $641 | $7,692 |
| 1-Bedroom | $708 | $8,496 |
| 2-Bedroom | $929 | $11,148 |
| 3-Bedroom | $1,225 | $14,700 |
| 4-Bedroom | $1,230 | $14,760 |
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 $100,500.
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 | $641 | $708 | $929 | $1,225 | $1,230 |
| FY2025 | $598 | $665 | $872 | $1,190 | $1,194 |
| FY2024 | $613 | $695 | $905 | $1,225 | $1,229 |
| FY2023 | $575 | $660 | $826 | $1,156 | $1,160 |
| FY2022 | $541 | $617 | $757 | $1,023 | $1,027 |
| FY2021 | $503 | $586 | $719 | $971 | $975 |
| FY2020 | $487 | $542 | $714 | $891 | $1,081 |
FY2026 Income Limits
Area Median Income: $100,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,150 | $24,150 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,200 | $40,200 | $45,250 | $50,250 | $54,300 | $58,300 |
| 80% AMI | $56,300 | $64,350 | $72,400 | $80,400 | $86,850 | $93,300 |