County FMR · HUD FY2026

Fall River County Fair Market Rent

HUD's FY2026 Fair Market Rent for Fall River County, SD - 8% below the US average.

$878
1-bedroom FMR
$1,152
2-bedroom FMR
+7.2%
YoY change
-8%
vs US avg

The verdict

Fall River is the 11th most expensive of 66 counties in South Dakota by 2-bedroom FMR; nationally it ranks #1,132 most expensive of 3,145 HUD counties; rent here has climbed 7.2% since FY 2025, a modest shift relative to most counties.

#1,132
most expensive of 3,145 US counties (2BR)
#11
most expensive of 66 in South Dakota (2BR)
+12%
vs the state average
$35,120
income to afford it (30% rule)

General and Operations Managers spend the smallest share of income on rent here (7.9%), while Teaching Assistants, Except Postsecondary spend the most (39%).

FY 2026 HUD Fair Market Rent for Fall River County, SD. Verify with HUD →

Fall River County, South Dakota carries an FY 2026 1-bedroom Fair Market Rent of $878 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $1,152/mo and a studio is $794/mo. That's 8% below the national benchmark of $959 and 12% above the South Dakota average of $784.

Rent increased7.2% from FY 2025 ($819), outpacing inflation. Under the 30% rule, affordability starts near $35,120/year for a 1-bedroom.

FY 2026 HUD Fair Market Rents in South Dakota. Population: 7,079. Population grew 6.0% over the past five years (Census ACS) - among the faster-growing counties nationally, a trend that typically adds upward pressure on rents. That's faster than South Dakota's statewide growth of +4.0% over the same period.

FMR filing desk

Area FALL·RIVER·COUNTY·SD·SD

Fall River County, SD: $878/mo 1BR · #1132 of 3145 counties (2BR) · FY2026

  • FMR-AREA SD
  • 1BR-FMR $878
  • 2BR-FMR $1,152
  • RANK-MID #1,132
  • YOY-SURGE +7.2%
  • VSUS-BELOW -8%
  • VS-ST-HIGH +12% SD
  • INC-ROOM 17%
  • POP-SMALL 7K
  • PHOTO-NEAR Minnehaha County
  • VOUCH-90-110 $790–$966
  • FY-2026 FY2026

Photo-finish peer: Minnehaha ($108 1BR gap)

Read with: How Fair Market Rent works

Fair Market Rents (2026)

Studio
State avg: $691 · US avg: $893
$794/mo
↑ 8.6% YoY +15% vs state -11% vs US
1 Bedroom
State avg: $784 · US avg: $959
$878/mo
↑ 7.2% YoY +12% vs state -8% vs US
2 Bedroom
State avg: $990 · US avg: $1,175
$1,152/mo
↑ 7.0% YoY +16% vs state -2% vs US
3 Bedroom
State avg: $1,295 · US avg: $1,525
$1,381/mo
↑ 6.1% YoY +7% vs state -9% vs US
4 Bedroom
State avg: $1,540 · US avg: $1,756
$1,783/mo
↑ 3.1% YoY +16% vs state +2% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $731
$794
+$63 (+8.6%)
1 Bedroom $819
$878
+$59 (+7.2%)
2 Bedroom $1,077
$1,152
+$75 (+7.0%)
3 Bedroom $1,302
$1,381
+$79 (+6.1%)
4 Bedroom $1,729
$1,783
+$54 (+3.1%)

Rent Burden Analysis

How much of household income goes to rent in Fall River County. The 30% threshold indicates cost burden.

Studio
15.6%
Affordable
Need $31,760/yr for 30% rule
1 Bedroom
17.3%
Affordable
Need $35,120/yr for 30% rule
2 Bedroom
22.6%
Affordable
Need $46,080/yr for 30% rule
3 Bedroom
27.1%
Affordable
Need $55,240/yr for 30% rule
4 Bedroom
35%
Burdened
Need $71,320/yr for 30% rule
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.

0%100%National avg22%22.6%
Fall River County 2-bedroom rent burden
County median income: $61,056 · National avg burden: 21.7% ·View South Dakota rent burden →

Where Fall River sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,152 Top 36% higher than 64% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). This entry sits in this band. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

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 Fall River compares on 1-bedroom rent

1-bedroom FMR vs other South Dakota counties

1BR FMR / mo

What this shows Fall River 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), Fall River County (this county) ($878), Brookings County ($781), Brown County ($708).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $878/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 7.9% Affordable
Software Developers $87,770 12% Affordable
Accountants & Auditors $77,310 13.6% Affordable
Registered Nurses $69,510 15.2% Affordable
Police & Sheriff's Patrol Officers $60,300 17.5% Affordable
Electricians $58,550 18% Affordable
Paralegals & Legal Assistants $57,300 18.4% Affordable
Heavy & Tractor-Trailer Truck Drivers $56,880 18.5% Affordable
Elementary School Teachers $49,110 21.5% Affordable
Pharmacy Technicians $43,760 24.1% Affordable
Customer Service Representatives $39,760 26.5% Affordable
Retail Salespersons $34,260 30.8% Stretched
Janitors & Cleaners $33,940 31% Stretched
Fast Food & Counter Workers $29,480 35.7% Stretched
Teaching Assistants $27,020 39% Stretched
Salaries: BLS OES (South Dakota) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Fall River County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Fall River (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 44.4% overall, from $608 to $878. The path there hasn't been smooth: year-over-year moves have swung by as much as 18.8% (FY 2023), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.

$500$600$700$800$900$1,000 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $878
Fall River County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑7.2% $794 $878 $1,152
FY 2025 ↓10.0% $731 $819 $1,077
FY 2024 ↑18.2% $811 $910 $1,196
FY 2023 ↑18.8% $705 $770 $1,013
FY 2022 ↑16.8% $610 $648 $853
FY 2021 ↓8.7% $512 $555 $732
FY 2020 $497 $608 $728
Total change (6yr): +44.4%
Annualized: +6.3%/yr
1 BR: $608 → $878

Where Fall River County Ranks in South Dakota

Fall River 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 #56 of 66 counties in South Dakota. Nearest by rank: Lake County ($970), Walworth County ($980), Hughes County ($1,034), Stanley County ($1,034), Lawrence County ($1,046), Potter County ($1,067), Codington County ($1,083), Butte County ($1,099), Fall River County (this county) ($1,152), Union County ($1,154), Lincoln County ($1,156), McCook County ($1,156), Minnehaha County ($1,156), Turner County ($1,156), Custer County ($1,173), Bennett County ($1,182), Buffalo County ($1,204).

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Fall River County, both outside South Dakota so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Nearby Counties in South Dakota

Largest counties by population in South Dakota

Showing the 8 largest of 65 other counties in South Dakota.

Frequently Asked Questions

What is the average rent in Fall River County?
The FY 2026 Fair Market Rent for a 1-bedroom in Fall River County is $878 per month. A 2-bedroom is $1,152 and a studio is $794.
How does Fall River County rent compare to the national average?
Rent in Fall River County is 8% below the national average. A 1-bedroom here costs $878 compared to $959 nationally.
Where does Fall River County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Fall River County's 2-bedroom FMR of $1,152 ranks #1,132 most expensive among 3,145 HUD counties, placing it in the middle half of HUD counties.
What income do I need to afford rent in Fall River County?
Based on the 30% affordability rule, you need an annual income of at least $35,120 ($2,927/month) to afford a 1-bedroom at Fair Market Rent in Fall River County.
Is rent going up or down in Fall River County?
The 1-bedroom Fair Market Rent in Fall River County increased by 7.2% from FY 2025 to FY 2026, going from $819 to $878.
Which jobs can afford rent in Fall River County?
Based on South Dakota BLS salary data and the 30% affordability rule, jobs like General and Operations Managers, Software Developers, Accountants and Auditors can afford a 1-bedroom at $878/mo. 11 of 15 common occupations are affordable here.
How much has rent changed in Fall River County over time?
The 1-bedroom Fair Market Rent in Fall River County went from $608 in FY 2020 to $878 in FY 2026, a total change of +44.4% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Fall River County?
In Fall River County, the FY 2026 FMR of $878/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Fall River County?
For Fall River County, it's the specific 40th-percentile rent HUD publishes each year ($878/mo for a 1-bedroom in FY 2026).

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.