McPherson County
FY 2026 HUD Fair Market Rents in South Dakota. Population: 2,251.
Fair Market Rents (2026)
Studio
National avg: $893
$641/mo
↑ 7.2% YoY
-28% vs US
1 Bedroom
National avg: $959
$710/mo
↑ 6.8% YoY
-26% vs US
2 Bedroom
National avg: $1,175
$929/mo
↑ 6.5% YoY
-21% vs US
3 Bedroom
National avg: $1,525
$1,182/mo
↑ 3.0% YoY
-22% vs US
4 Bedroom
National avg: $1,756
$1,438/mo
↑ 5.7% YoY
-18% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $598 | $641 | +$43 (+7.2%) |
| 1 Bedroom | $665 | $710 | +$45 (+6.8%) |
| 2 Bedroom | $872 | $929 | +$57 (+6.5%) |
| 3 Bedroom | $1,148 | $1,182 | +$34 (+3.0%) |
| 4 Bedroom | $1,360 | $1,438 | +$78 (+5.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$28,400
$2,367/month gross
Required annual income for 2 BR
$37,160
$3,097/month gross
Other Counties in South Dakota
Bennett County
1 BR: $901/mo
Brown County
1 BR: $708/mo
Edmunds County
1 BR: $708/mo
Fall River County
1 BR: $878/mo
Davison County
1 BR: $713/mo
Hughes County
1 BR: $832/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.