FY2026 Fair Market Rents — Meade County
Studio
$878
1BR
$970
2BR
$1,273
3BR
$1,770
4BR
$2,136
Meade County, South Dakota
FIPS 46093 · County-level FMR and income limit data
FMR Area: Meade County, SD HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $878 | $10,536 |
| 1-Bedroom | $970 | $11,640 |
| 2-Bedroom | $1,273 | $15,276 |
| 3-Bedroom | $1,770 | $21,240 |
| 4-Bedroom | $2,136 | $25,632 |
To afford the FY2026 2-bedroom FMR of $1,273/mo under the 30%-of-income rule, a household needs about
$50,920/yr ($4,243/mo). Area Median Income is $98,000.
At SD's state minimum wage of $11.50/hr, a worker would need to work 86 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $878 | $970 | $1,273 | $1,770 | $2,136 |
| FY2025 | $751 | $835 | $1,095 | $1,506 | $1,839 |
| FY2024 | $784 | $880 | $1,156 | $1,546 | $1,962 |
| FY2023 | $677 | $769 | $1,012 | $1,345 | $1,724 |
| FY2022 | $609 | $696 | $916 | $1,243 | $1,568 |
| FY2021 | $566 | $651 | $858 | $1,186 | $1,486 |
| FY2020 | $508 | $591 | $779 | $1,124 | $1,317 |
FY2026 Income Limits
Area Median Income: $98,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,600 | $23,550 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,300 | $39,200 | $44,100 | $49,000 | $52,950 | $56,850 |
| 80% AMI | $54,900 | $62,750 | $70,600 | $78,400 | $84,700 | $90,950 |