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Meade County, SD

CountySAFMR
Found 19 ZIPs
Zillow

County Median Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$800 – $1,270$800 – $1,080
1 BR$880 – $1,390$880 – $1,190
2 BR$1,150 – $1,820$1,150 – $1,670
3 BR$1,600 – $2,470$1,600 – $1,960
4 BR$1,930 – $3,040$1,850 – $2,550
5 BR$2,519Not available
6 BR$2,896Not available
7 BR$3,331Not available
8 BR$3,830Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
1
1
1
0.55-1.23
1 BR
1
1
1
1
1
0.74-1.21
2 BR
1
1
1
1
1
0.89-1.09
3 BR
2
2
0.96-1.39
4 BR
1
1
1
1
1
1.04-1.32
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Meade County, SD fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 19 ZIP codes in Meade County, SD ranges from $1,150 to $1,820 a month, with a median of $1,310. That is up 6.5% from $1,230 in FY 2026. Meade County is in the Meade County, SD HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,357. The median county two-bedroom FMR in South Dakota is $1,033, so Meade County is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Meade County, SD
BedroomsFY 2027Change90–110% range
Studio$910+7.1%$819–$1,001
1BR$1,000+6.4%$900–$1,100
2BR$1,310+6.5%$1,179–$1,441
3BR$1,730+1.2%$1,557–$1,903
4BR$2,190+5.8%$1,971–$2,409

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Meade County, SD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$910$1,000$1,310$1,730$2,190
FY 2026$850$940$1,230$1,710$2,070
FY 2025$740$820$1,070$1,460$1,790
FY 2024$790$880$1,160$1,550$1,920
FY 2023$610$690$910$1,240$1,420

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
57706$1,820+38.9%
57719$1,550+18.3%
57702$1,530+16.8%
57769$1,410+7.6%
57791$1,400+6.9%
57737$1,360+3.8%
57787$1,360+3.8%
57792$1,360+3.8%
57758$1,320+0.8%
57701$1,3100.0%
57718$1,250−4.6%
57761$1,210−7.6%
57767$1,210−7.6%
57748$1,180−9.9%
57626$1,170−10.7%
57741$1,150−12.2%
57785$1,150−12.2%
57788$1,150−12.2%
57793$1,150−12.2%

Questions about Meade County, SD rents

How much will Section 8 pay for a two-bedroom in Meade County, SD?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,357, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,221 to $1,493 a month; under the ZIP-level Small Area FMR of $1,310 it would be $1,179 to $1,441. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Meade County, SD in?

Meade County, SD is in the Meade County, SD HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,357.

How much did fair market rent change in Meade County, SD for FY 2027?

The two-bedroom FMR rose 6.5%, from $1,230 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 44.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

SD statewide rentsWhat is SAFMR?Data sources