County FMR · HUD FY2026

Perkins County Fair Market Rent

HUD's FY2026 Fair Market Rent for Perkins County, SD - 25% below the US average.

$722
1-bedroom FMR
$929
2-bedroom FMR
+0.3%
YoY change
-25%
vs US avg

The verdict

Perkins is the 27th cheapest of 66 counties in South Dakota by 2-bedroom FMR; nationally it ranks #661 most affordable of 3,145 HUD counties.

#661
most affordable of 3,145 US counties (2BR)
#27
cheapest of 66 in South Dakota (2BR)
-8%
vs the state average
$28,880
income to afford it (30% rule)

General and Operations Managers spend the smallest share of income on rent here (6.5%), while Teaching Assistants, Except Postsecondary spend the most (32.1%); 14 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 Perkins County, SD. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Perkins County, South Dakota is $722 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $929/mo and a studio is $641/mo. This is 25% lower than the national average of $959 and 8% below the South Dakota average of $784.

Rent increased0.3% from FY 2025 ($720), roughly tracking inflation. The 30% affordability floor is comparatively reachable here at $28,880/year.

FY 2026 HUD Fair Market Rents in South Dakota. Population: 2,970. Population grew 5.2% over the past five years (Census ACS) - among the faster-growing counties nationally, a trend that typically adds upward pressure on rents. That's in line with South Dakota's statewide growth of +4.0% over the same period.

FMR filing desk

Area PERKINS·COUNTY·SD·SD

Perkins County, SD: $722/mo 1BR · #661 of 3145 counties (2BR) · FY2026

  • FMR-AREA SD
  • 1BR-FMR $722
  • 2BR-FMR $929
  • RANK-MID #661
  • YOY-FLAT +0.3%
  • VSUS-BELOW -25%
  • VS-ST-NEAR -8% SD
  • INC-ROOM 13%
  • POP-SMALL 3K
  • PHOTO-NEAR Minnehaha County
  • VOUCH-90-110 $650–$794
  • FY-2026 FY2026

Photo-finish peer: Minnehaha ($264 1BR gap)

Read with: Section 8 housing guide

Fair Market Rents (2026)

Studio
State avg: $691 · US avg: $893
$641/mo
↑ 7.2% YoY -7% vs state -28% vs US
1 Bedroom
State avg: $784 · US avg: $959
$722/mo
↑ 0.3% YoY -8% vs state -25% vs US
2 Bedroom
State avg: $990 · US avg: $1,175
$929/mo
↑ 6.5% YoY -6% vs state -21% vs US
3 Bedroom
State avg: $1,295 · US avg: $1,525
$1,212/mo
↓ 0.6% YoY -6% vs state -21% vs US
4 Bedroom
State avg: $1,540 · US avg: $1,756
$1,438/mo
↑ 5.7% YoY -7% vs state -18% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $598
$641
+$43 (+7.2%)
1 Bedroom $720
$722
+$2 (+0.3%)
2 Bedroom $872
$929
+$57 (+6.5%)
3 Bedroom $1,219
$1,212
$-7 (-0.6%)
4 Bedroom $1,360
$1,438
+$78 (+5.7%)

Rent Burden Analysis

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

Studio
11.8%
Affordable
Need $25,640/yr for 30% rule
1 Bedroom
13.2%
Affordable
Need $28,880/yr for 30% rule
2 Bedroom
17%
Affordable
Need $37,160/yr for 30% rule
3 Bedroom
22.2%
Affordable
Need $48,480/yr for 30% rule
4 Bedroom
26.4%
Affordable
Need $57,520/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%17%
Perkins County 2-bedroom rent burden
County median income: $65,455 · National avg burden: 21.7% ·View South Dakota rent burden →

Where Perkins sits among every US county

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

$929 higher than 21% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $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 Perkins compares on 1-bedroom rent

1-bedroom FMR vs other South Dakota counties

1BR FMR / mo

What this shows Perkins 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), Perkins County (this county) ($722), Brown County ($708).

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

Can Common Jobs Afford Rent Here?

With a below-average 1-bedroom at $722/mo, most of these South Dakota occupations clear, or miss, the 30% affordability line.

Occupation SD Salary Rent Burden Verdict
General & Operations Managers $133,440 6.5% Affordable
Software Developers $87,770 9.9% Affordable
Accountants & Auditors $77,310 11.2% Affordable
Registered Nurses $69,510 12.5% Affordable
Police & Sheriff's Patrol Officers $60,300 14.4% Affordable
Electricians $58,550 14.8% Affordable
Paralegals & Legal Assistants $57,300 15.1% Affordable
Heavy & Tractor-Trailer Truck Drivers $56,880 15.2% Affordable
Elementary School Teachers $49,110 17.6% Affordable
Pharmacy Technicians $43,760 19.8% Affordable
Customer Service Representatives $39,760 21.8% Affordable
Retail Salespersons $34,260 25.3% Affordable
Janitors & Cleaners $33,940 25.5% Affordable
Fast Food & Counter Workers $29,480 29.4% Affordable
Teaching Assistants $27,020 32.1% Stretched
Salaries: BLS OES (South Dakota) median · 30% = affordable threshold · Try the salary calculator →

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

Over the 6-year span HUD has tracked for Perkins (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 27.6% overall, from $566 to $722. Most of that movement was gradual except for a single sharp jump of +15.5% in FY 2023, well above this county's typical year-to-year change.

$500$550$600$650$700$750 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $722
Perkins County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑0.3% $641 $722 $929
FY 2025 ↓1.2% $598 $720 $872
FY 2024 ↑9.8% $613 $729 $905
FY 2023 ↑15.5% $575 $664 $826
FY 2022 ↑5.3% $541 $575 $757
FY 2021 ↓3.5% $503 $546 $719
FY 2020 $509 $566 $745
Total change (6yr): +27.6%
Annualized: +4.1%/yr
1 BR: $566 → $722

Where Perkins County Ranks in South Dakota

Perkins 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 #27 of 66 counties in South Dakota. Nearest by rank: Hutchinson County ($929), Jackson County ($929), Jones County ($929), Marshall County ($929), McPherson County ($929), Miner County ($929), Moody County ($929), Oglala Lakota County ($929), Perkins County (this county) ($929), Roberts County ($929), Sanborn County ($929), Spink County ($929), Todd County ($929), Tripp County ($929), Yankton County ($929), Ziebach County ($929), Davison County ($936).

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Perkins 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 Perkins County?
The FY 2026 Fair Market Rent for a 1-bedroom in Perkins County is $722 per month. A 2-bedroom is $929 and a studio is $641.
How does Perkins County rent compare to the national average?
Rent in Perkins County is 25% below the national average. A 1-bedroom here costs $722 compared to $959 nationally.
Where does Perkins County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Perkins County's 2-bedroom FMR of $929 ranks #661 most affordable among 3,145 HUD counties, placing it in the lower-rent quarter of HUD counties.
What income do I need to afford rent in Perkins County?
Based on the 30% affordability rule, you need an annual income of at least $28,880 ($2,407/month) to afford a 1-bedroom at Fair Market Rent in Perkins County.
Is rent going up or down in Perkins County?
The 1-bedroom Fair Market Rent in Perkins County increased by 0.3% from FY 2025 to FY 2026, going from $720 to $722.
Which jobs can afford rent in Perkins 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 $722/mo. 14 of 15 common occupations are affordable here.
How much has rent changed in Perkins County over time?
The 1-bedroom Fair Market Rent in Perkins County went from $566 in FY 2020 to $722 in FY 2026, a total change of +27.6% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Perkins County?
In Perkins County, the FY 2026 FMR of $722/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 Perkins County?
For Perkins County, it's the specific 40th-percentile rent HUD publishes each year ($722/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.