County FMR · HUD FY2026
Bon Homme County Fair Market Rent
HUD's FY2026 Fair Market Rent for Bon Homme County, SD - 21% below the US average.
- $762
- 1-bedroom FMR
- $929
- 2-bedroom FMR
- +9.3%
- YoY change
- -21%
- vs US avg
The verdict
Bon Homme is the 2nd cheapest of 66 counties in South Dakota by 2-bedroom FMR; rent here has climbed 9.3% since FY 2025, a modest shift relative to most counties.
- #2
- cheapest of 66 in South Dakota (2BR)
- -3%
- vs the state average
- $30,480
- income to afford it (30% rule)
- +9.3%
- YoY, FY2025→2026
General and Operations Managers spend the smallest share of income on rent here (6.9%), while Teaching Assistants, Except Postsecondary spend the most (33.8%); 13 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.
FY 2026 HUD Fair Market Rent for Bon Homme County, SD. Verify with HUD →
Bon Homme County, South Dakota carries an FY 2026 1-bedroom Fair Market Rent of $762 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $929/mo and a studio is $641/mo. That's 21% below the national benchmark of $959 and 3% below the South Dakota average of $784.
Rent increased9.3% from FY 2025 ($697), outpacing inflation. To afford rent here, a household needs at least $30,480/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in South Dakota. Population: 7,018. Population has held roughly steady over the past five years (+0.8%, Census ACS). That's slower than South Dakota's statewide growth of +4.0% over the same period.
What these rents mean for Bon Homme County
The Bon Homme County FMR area applies to all ZIP codes inside the county boundary, and South Dakota's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.
Compared to the rest of the country, a 1-bedroom here is 21% below the US average of $959 and 3% lower than the South Dakota state average of $784. The 1-bedroom FMR went from$697 in FY 2025 to $762 in FY 2026 - a change of +9.3%, which outpaces typical consumer inflation.
At the FY 2026 1-bedroom FMR of $762, affording it under the 30%-of-income rule takes $30,480 per year (about $2,540/month) in household income, and a 2-bedroom at $929 pushes that threshold even higher. With a population of 7,018 and a county median household income of $61,275, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $598 | $641 | +$43 (+7.2%) |
| 1 Bedroom | $697 | $762 | +$65 (+9.3%) |
| 2 Bedroom | $872 | $929 | +$57 (+6.5%) |
| 3 Bedroom | $1,222 | $1,292 | +$70 (+5.7%) |
| 4 Bedroom | $1,464 | $1,558 | +$94 (+6.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Bon Homme County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Bon Homme County 2-bedroom rent burden
Where Bon Homme sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$929 higher than 21% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Bon Homme compares on 1-bedroom rent
1-bedroom FMR vs other South Dakota counties
- Pennington
Pennington County
$1,018 1BR FMR / mo
- Minnehaha
Minnehaha County
$986 1BR FMR / mo
- Lincoln
Lincoln County
$986 1BR FMR / mo
- Meade
Meade County
$970 1BR FMR / mo
- Brookings
Brookings County
$781 1BR FMR / mo
- Bon Homme
Bon Homme County
$762 1BR FMR / mo
- Brown
Brown County
$708 1BR FMR / mo
What this shows Bon Homme is highlighted. Nearby South Dakota counties by 1-bedroom FMR, highest to lowest: Pennington County ($1,018), Minnehaha County ($986), Lincoln County ($986), Meade County ($970), Brookings County ($781), Bon Homme County (this county) ($762), Brown County ($708).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $762/mo compares to South Dakota salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | SD Salary | Rent Burden | Verdict |
|---|---|---|---|
| General & Operations Managers | $133,440 | 6.9% | Affordable |
| Software Developers | $87,770 | 10.4% | Affordable |
| Accountants & Auditors | $77,310 | 11.8% | Affordable |
| Registered Nurses | $69,510 | 13.2% | Affordable |
| Police & Sheriff's Patrol Officers | $60,300 | 15.2% | Affordable |
| Electricians | $58,550 | 15.6% | Affordable |
| Paralegals & Legal Assistants | $57,300 | 16% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $56,880 | 16.1% | Affordable |
| Elementary School Teachers | $49,110 | 18.6% | Affordable |
| Pharmacy Technicians | $43,760 | 20.9% | Affordable |
| Customer Service Representatives | $39,760 | 23% | Affordable |
| Retail Salespersons | $34,260 | 26.7% | Affordable |
| Janitors & Cleaners | $33,940 | 26.9% | Affordable |
| Fast Food & Counter Workers | $29,480 | 31% | Stretched |
| Teaching Assistants | $27,020 | 33.8% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Bon Homme County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Bon Homme (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 40.6% overall, from $542 to $762. Most of that movement was gradual except for a single sharp jump of +13.4% in FY 2024, well above this county's typical year-to-year change.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑9.3% | $641 | $762 | $929 |
| FY 2025 ↓2.1% | $598 | $697 | $872 |
| FY 2024 ↑13.4% | $613 | $712 | $905 |
| FY 2023 ↑9.2% | $575 | $628 | $826 |
| FY 2022 ↑5.3% | $541 | $575 | $757 |
| FY 2021 ↑0.7% | $503 | $546 | $719 |
| FY 2020 | $487 | $542 | $714 |
Where Bon Homme County Ranks in South Dakota
Bon Homme County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #2 of 66 counties in South Dakota. Nearest by rank: Aurora County ($929), Bon Homme County (this county) ($929), Brown County ($929), Brule County ($929), Campbell County ($929), Charles Mix County ($929), Clark County ($929), Clay County ($929), Corson County ($929), Day County ($929).
Nearby Counties in South Dakota
Largest counties by population in South Dakota
Frequently Asked Questions
What is the average rent in Bon Homme County? ▼
How does Bon Homme County rent compare to the national average? ▼
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Is rent going up or down in Bon Homme County? ▼
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How does Fair Market Rent affect Section 8 vouchers in Bon Homme County? ▼
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What this means for renters
Treat Bon Homme's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $762 implies about $30,480/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Bon Homme can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.