FY2026 Fair Market Rents — Hutchinson County
Studio
$641
1BR
$708
2BR
$929
3BR
$1,210
4BR
$1,230
Hutchinson County, South Dakota
FIPS 46067 · County-level FMR and income limit data
FMR Area: Hutchinson 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 | $1,210 | $14,520 |
| 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 $105,600.
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 | $1,210 | $1,230 |
| FY2025 | $598 | $669 | $879 | $1,092 | $1,170 |
| FY2024 | $662 | $743 | $976 | $1,195 | $1,300 |
| FY2023 | $600 | $681 | $897 | $1,092 | $1,205 |
| FY2022 | $573 | $610 | $802 | $991 | $1,088 |
| FY2021 | $519 | $563 | $742 | $925 | $1,006 |
| FY2020 | $505 | $562 | $740 | $929 | $1,002 |
FY2026 Income Limits
Area Median Income: $105,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,200 | $25,400 | $28,550 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,000 | $42,250 | $47,550 | $52,800 | $57,050 | $61,250 |
| 80% AMI | $59,150 | $67,600 | $76,050 | $84,500 | $91,300 | $98,050 |