FY2026 Fair Market Rents — Spink County
Studio
$641
1BR
$777
2BR
$929
3BR
$1,114
4BR
$1,537
Spink County, South Dakota
FIPS 46115 · County-level FMR and income limit data
FMR Area: Spink County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $641 | $7,692 |
| 1-Bedroom | $777 | $9,324 |
| 2-Bedroom | $929 | $11,148 |
| 3-Bedroom | $1,114 | $13,368 |
| 4-Bedroom | $1,537 | $18,444 |
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 $100,300.
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 | $777 | $929 | $1,114 | $1,537 |
| FY2025 | $598 | $715 | $872 | $1,051 | $1,379 |
| FY2024 | $613 | $722 | $905 | $1,094 | $1,349 |
| FY2023 | $575 | $641 | $826 | $1,005 | $1,174 |
| FY2022 | $541 | $575 | $757 | $936 | $1,027 |
| FY2021 | $503 | $546 | $719 | $916 | $975 |
| FY2020 | $488 | $543 | $715 | $918 | $969 |
FY2026 Income Limits
Area Median Income: $100,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,100 | $24,100 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,150 | $40,150 | $45,150 | $50,150 | $54,200 | $58,200 |
| 80% AMI | $56,200 | $64,200 | $72,250 | $80,250 | $86,700 | $93,100 |