PlainRent

Meade County

FY 2026 HUD Fair Market Rents in South Dakota. Population: 29,970.

Fair Market Rents (2026)

Studio
National avg: $893
$878/mo
↑ 16.9% YoY -2% vs US
1 Bedroom
National avg: $959
$970/mo
↑ 16.2% YoY +1% vs US
2 Bedroom
National avg: $1,175
$1,273/mo
↑ 16.3% YoY +8% vs US
3 Bedroom
National avg: $1,525
$1,770/mo
↑ 17.5% YoY +16% vs US
4 Bedroom
National avg: $1,756
$2,136/mo
↑ 16.2% YoY +22% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $751 $878 +$127 (+16.9%)
1 Bedroom $835 $970 +$135 (+16.2%)
2 Bedroom $1,095 $1,273 +$178 (+16.3%)
3 Bedroom $1,506 $1,770 +$264 (+17.5%)
4 Bedroom $1,839 $2,136 +$297 (+16.2%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$38,800
$3,233/month gross
Required annual income for 2 BR
$50,920
$4,243/month gross

Other Counties in South Dakota

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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.