Clay County
FY 2026 HUD Fair Market Rents in South Dakota. Population: 14,953.
Fair Market Rents (2026)
Studio
National avg: $893
$641/mo
↑ 2.2% YoY
-28% vs US
1 Bedroom
National avg: $959
$708/mo
↑ 1.6% YoY
-26% vs US
2 Bedroom
National avg: $1,175
$929/mo
↑ 1.6% YoY
-21% vs US
3 Bedroom
National avg: $1,525
$1,292/mo
↑ 0.9% YoY
-15% vs US
4 Bedroom
National avg: $1,756
$1,558/mo
↑ 1.5% YoY
-11% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $627 | $641 | +$14 (+2.2%) |
| 1 Bedroom | $697 | $708 | +$11 (+1.6%) |
| 2 Bedroom | $914 | $929 | +$15 (+1.6%) |
| 3 Bedroom | $1,281 | $1,292 | +$11 (+0.9%) |
| 4 Bedroom | $1,535 | $1,558 | +$23 (+1.5%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$28,320
$2,360/month gross
Required annual income for 2 BR
$37,160
$3,097/month gross
Other Counties in South Dakota
Potter County
1 BR: $813/mo
McCook County
1 BR: $986/mo
Lake County
1 BR: $739/mo
Jones County
1 BR: $708/mo
Hand County
1 BR: $788/mo
Harding County
1 BR: $722/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.