FY2026 Fair Market Rents — Walworth County
Studio
$676
1BR
$747
2BR
$980
3BR
$1,175
4BR
$1,470
Walworth County, South Dakota
FIPS 46129 · County-level FMR and income limit data
FMR Area: Walworth County, SD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $676 | $8,112 |
| 1-Bedroom | $747 | $8,964 |
| 2-Bedroom | $980 | $11,760 |
| 3-Bedroom | $1,175 | $14,100 |
| 4-Bedroom | $1,470 | $17,640 |
To afford the FY2026 2-bedroom FMR of $980/mo under the 30%-of-income rule, a household needs about
$39,200/yr ($3,267/mo). Area Median Income is $87,100.
At SD's state minimum wage of $11.50/hr, a worker would need to work 66 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $676 | $747 | $980 | $1,175 | $1,470 |
| FY2025 | $598 | $745 | $872 | $1,051 | $1,349 |
| FY2024 | $626 | $703 | $924 | $1,117 | $1,391 |
| FY2023 | $575 | $628 | $827 | $1,007 | $1,244 |
| FY2022 | $541 | $590 | $757 | $936 | $1,140 |
| FY2021 | $503 | $616 | $719 | $951 | $1,095 |
| FY2020 | $487 | $627 | $714 | $1,022 | $1,086 |
FY2026 Income Limits
Area Median Income: $87,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,850 | $22,700 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,100 | $37,800 | $42,550 | $47,250 | $51,050 | $54,850 |
| 80% AMI | $52,950 | $60,500 | $68,050 | $75,600 | $81,650 | $87,700 |