South Dakota Section 8 Fair Market Rent (FMR) Calculator
Look up South Dakota Section 8 Fair Market Rent by bedroom size. South Dakota 2BR FMR is $1094. Calculate HUD payment standards.
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Pre-filled: HUD FMR Data
Fair Market Rent
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Detailed Breakdown
Fair Market Rent by Bedroom Size
| Bedrooms | Fair Market Rent |
|---|---|
| Efficiency | $766 |
| 1 BR | $875 |
| 2 BR | $1,094 |
| 3 BR | $1,389 |
| 4 BR | $1,532 |
| 5 BR | $1,696 |
Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.
How This Calculator Works
Calculation methodology and assumptions
HUD Fair Market Rents (FMRs) are used to determine payment standards for the Section 8 Housing Choice Voucher program. FMRs represent the 40th percentile of gross rents for standard-quality rental units in a metropolitan area. This calculator uses South Dakota's FMR data to estimate payment standards. Housing authorities typically set payment standards between 90% and 110% of FMR.
Key State Information
South Dakota's statewide average 2-bedroom FMR is $1094/month. FMRs vary significantly by county and metropolitan area within South Dakota. Contact your local Public Housing Authority (PHA) for the exact FMR in your area.
Example Calculation
Let's calculate a Section 8 voucher benefit in South Dakota.
A family of 3 with $28,000 annual household income in a metro with a 2-bedroom Fair Market Rent of $1,450. Their adjusted monthly income is approximately $2,333. The tenant pays 30% of adjusted income: $700/month. The Housing Authority payment standard for a 2-bedroom is $1,450.
Result: Tenant portion: $700/month. Housing Authority pays: up to $750/month (the difference). If the landlord charges $1,500 (above FMR), the tenant may need to pay the $50 overage in addition to their $700 — for a total of $750. Understanding these calculations helps both tenants and landlords make informed decisions.
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StateCalc Team
Editorial Team
The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.
Our editorial standardsFrequently Asked Questions
What is the Section 8 FMR in South Dakota?
The statewide average 2-bedroom Fair Market Rent in South Dakota is $1094/month. Efficiency: $774, 1BR: $884, 3BR: $1437, 4BR: $1628. Amounts vary by county.
How is Section 8 FMR calculated?
HUD calculates FMRs at the 40th percentile of gross rents for standard-quality units. This means 40% of the rental units in an area rent at or below the FMR. FMRs are updated annually and published in the Federal Register.
Can landlords charge more than the FMR in South Dakota?
Landlords can charge more than FMR, but the tenant would be responsible for the difference between the payment standard and the rent (up to 40% of their adjusted income can go toward rent at initial lease-up). Some PHAs set payment standards above 100% of FMR.
How do I apply for Section 8 in South Dakota?
Contact your local Public Housing Authority (PHA) in South Dakota. Wait lists are common and can be several years long. You'll need to provide proof of income, citizenship, and meet income limits (typically 50% of area median income for initial eligibility).
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