Home/SD/Pennington County
Pennington County, SD
CountySAFMR
Found 23 ZIPs
BRFMR
Eff. Rent
0 BR$660 – $1,220$660 – $1,040
1 BR$730 – $1,350$730 – $1,190
2 BR$950 – $1,770$950 – $1,670
3 BR$1,310 – $2,420$1,310 – $1,850
4 BR$1,540 – $2,950$1,540 – $2,310
5 BR$2,254
6 BR$2,592
7 BR$2,981
8 BR$3,428

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.54ratio
FMR$850
Market$1,570
vs market-$720

FMR is below market; voucher rent may lag private rents.

1
Studio- 1 ZIP
0.81ratio
FMR$830
Market$1,030
vs market-$200

FMR is below market; voucher rent may lag private rents.

1
Studio- 1 ZIP
0.84ratio
FMR$920
Market$1,100
vs market-$180

FMR is below market; voucher rent may lag private rents.

1
Studio- 1 ZIP
0.99ratio
FMR$960
Market$970
vs market-$10

FMR is near market; voucher and private rents are aligned.

1
Studio- 1 ZIP
1.13ratio
FMR$1,170
Market$1,040
vs market+$130

FMR is above market; underwrite to market rent.

1
Studio- 1 ZIP
1.18ratio
FMR$1,220
Market$1,030
vs market+$190

FMR is above market; underwrite to market rent.

1
0.54-1.18
1 BR
1 BR- 2 ZIPs
0.73-0.77ratio range
Median FMR$925
Median Market$1,235
vs market-$310

FMR is below market; voucher rent may lag private rents.

2
1 BR- 1 ZIP
0.80ratio
FMR$1,020
Market$1,270
vs market-$250

FMR is below market; voucher rent may lag private rents.

1
1 BR- 1 ZIP
0.99ratio
FMR$1,070
Market$1,080
vs market-$10

FMR is near market; voucher and private rents are aligned.

1
1 BR- 1 ZIP
1.09ratio
FMR$1,300
Market$1,190
vs market+$110

FMR is near market; voucher and private rents are aligned.

1
1 BR- 1 ZIP
1.17ratio
FMR$1,350
Market$1,150
vs market+$200

FMR is above market; underwrite to market rent.

1
0.73-1.17
2 BR
2 BR- 3 ZIPs
0.79-0.81ratio range
Median FMR$1,010
Median Market$1,280
vs market-$270

FMR is below market; voucher rent may lag private rents.

3
2 BR- 3 ZIPs
0.86-0.89ratio range
Median FMR$1,340
Median Market$1,530
vs market-$190

FMR is below market; voucher rent may lag private rents.

3
2 BR- 1 ZIP
1.06ratio
FMR$1,770
Market$1,670
vs market+$100

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
1.18ratio
FMR$1,700
Market$1,440
vs market+$260

FMR is above market; underwrite to market rent.

0.79-1.18
3 BR
3 BR- 1 ZIP
0.90ratio
FMR$1,570
Market$1,750
vs market-$180

FMR is below market; voucher rent may lag private rents.

3 BR- 4 ZIPs
0.94-0.95ratio range
Median FMR$1,530
Median Market$1,610
vs market-$80

FMR is near market; voucher and private rents are aligned.

4
3 BR- 1 ZIP
1.05ratio
FMR$1,860
Market$1,770
vs market+$90

FMR is near market; voucher and private rents are aligned.

3 BR- 1 ZIP
1.20ratio
FMR$2,220
Market$1,850
vs market+$370

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.36ratio
FMR$2,420
Market$1,780
vs market+$640

FMR is above market; underwrite to market rent.

0.90-1.36
4 BR
4 BR- 2 ZIPs
0.93ratio range
Median FMR$2,070
Median Market$2,225
vs market-$155

FMR is near market; voucher and private rents are aligned.

2
4 BR- 2 ZIPs
1.01-1.02ratio range
Median FMR$1,950
Median Market$1,920
vs market+$30

FMR is near market; voucher and private rents are aligned.

2
4 BR- 1 ZIP
1.03ratio
FMR$1,600
Market$1,560
vs market+$40

FMR is near market; voucher and private rents are aligned.

1
4 BR- 1 ZIP
1.07ratio
FMR$2,070
Market$1,940
vs market+$130

FMR is near market; voucher and private rents are aligned.

1
4 BR- 1 ZIP
1.20ratio
FMR$2,770
Market$2,310
vs market+$460

FMR is above market; underwrite to market rent.

1
4 BR- 1 ZIP
1.28ratio
FMR$2,950
Market$2,300
vs market+$650

FMR is above market; underwrite to market rent.

1
0.93-1.28
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Pennington County, SD (SD) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Pennington County, SD fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for Pennington County, SD shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,200 and the 4 bedroom fair market rent is $1,960.

Use this page for searches like Pennington County, SD FMR, Pennington County, SD fair market rent, and Pennington County, SD Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for Pennington County, SD
Bedroom sizeHUD FMR
Studio$830
1 bedroom$910
2 bedroom$1,200
3 bedroom$1,620
4 bedroom$1,960