FY2026 Fair Market Rents — Moody County
Studio
$641
1BR
$708
2BR
$929
3BR
$1,243
4BR
$1,438
Moody County, South Dakota
FIPS 46101 · County-level FMR and income limit data
FMR Area: Moody 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 | $1,243 | $14,916 |
| 4-Bedroom | $1,438 | $17,256 |
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 $102,100.
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 | $1,243 | $1,438 |
| FY2025 | $598 | $665 | $872 | $1,178 | $1,383 |
| FY2024 | $613 | $689 | $905 | $1,256 | $1,536 |
| FY2023 | $575 | $656 | $826 | $1,135 | $1,407 |
| FY2022 | $541 | $637 | $757 | $1,002 | $1,296 |
| FY2021 | $503 | $631 | $719 | $898 | $1,202 |
| FY2020 | $487 | $584 | $714 | $896 | $1,254 |
FY2026 Income Limits
Area Median Income: $102,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,500 | $24,550 | $27,600 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,750 | $40,850 | $45,950 | $51,050 | $55,150 | $59,250 |
| 80% AMI | $57,200 | $65,400 | $73,550 | $81,700 | $88,250 | $94,800 |