FY2026 Fair Market Rents — Hughes County
Studio
$713
1BR
$832
2BR
$1,034
3BR
$1,308
4BR
$1,601
Hughes County, South Dakota
FIPS 46065 · County-level FMR and income limit data
FMR Area: Hughes County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $713 | $8,556 |
| 1-Bedroom | $832 | $9,984 |
| 2-Bedroom | $1,034 | $12,408 |
| 3-Bedroom | $1,308 | $15,696 |
| 4-Bedroom | $1,601 | $19,212 |
To afford the FY2026 2-bedroom FMR of $1,034/mo under the 30%-of-income rule, a household needs about
$41,360/yr ($3,447/mo). Area Median Income is $109,900.
At SD's state minimum wage of $11.50/hr, a worker would need to work 70 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $713 | $832 | $1,034 | $1,308 | $1,601 |
| FY2025 | $664 | $763 | $968 | $1,305 | $1,510 |
| FY2024 | $697 | $802 | $1,029 | $1,450 | $1,653 |
| FY2023 | $601 | $683 | $899 | $1,278 | $1,466 |
| FY2022 | $530 | $606 | $797 | $1,132 | $1,364 |
| FY2021 | $495 | $569 | $750 | $1,073 | $1,299 |
| FY2020 | $506 | $590 | $777 | $1,121 | $1,364 |
FY2026 Income Limits
Area Median Income: $109,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,100 | $26,400 | $29,700 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $38,500 | $44,000 | $49,500 | $54,950 | $59,350 | $63,750 |
| 80% AMI | $61,550 | $70,350 | $79,150 | $87,900 | $94,950 | $102,000 |