Pennington County, SD fair market rent
Rapid City, SD HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,287–$1,573 · +7.0% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $996 | $921 | +8.1% |
| 1 bedroom | $1,093 | $1,018 | +7.4% |
| 2 bedrooms | $1,430 | $1,336 | +7.0% |
| 3 bedrooms | $1,833 | $1,743 | +5.2% |
| 4 bedrooms | $2,390 | $2,178 | +9.7% |
All South Dakota areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$823
- FY18$899
- FY19$888
- FY20$841
- FY21$875
- FY22$915
- FY23$995
- FY24$1,163
- FY25$1,119
- FY26$1,336
- FY27$1,430
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
22 ZIPs in Rapid City, SD HUD Metro FMR Area- ZIP 57553Studio $830 · 1BR $920 · 3BR $1,570 · 4BR $1,970
- ZIP 57701Studio $910 · 1BR $1,000 · 3BR $1,680 · 4BR $2,190
- ZIP 57702Studio $1,060 · 1BR $1,170 · 3BR $1,960 · 4BR $2,550
- ZIP 57703Studio $1,220 · 1BR $1,340 · 3BR $2,240 · 4BR $2,930
- ZIP 57706Studio $1,270 · 1BR $1,390 · 3BR $2,470 · 4BR $3,040
- ZIP 57709Studio $1,000 · 1BR $1,090 · 3BR $1,830 · 4BR $2,390
- ZIP 57718Studio $870 · 1BR $960 · 3BR $1,730 · 4BR $2,100
- ZIP 57719Studio $1,080 · 1BR $1,180 · 3BR $2,030 · 4BR $2,590
- ZIP 57725Studio $990 · 1BR $1,090 · 3BR $1,850 · 4BR $2,370
- ZIP 57730Studio $860 · 1BR $950 · 3BR $1,710 · 4BR $2,070
- ZIP 57732Studio $830 · 1BR $920 · 3BR $1,570 · 4BR $1,970
- ZIP 57744Studio $990 · 1BR $1,090 · 3BR $1,940 · 4BR $2,370
- ZIP 57745Studio $1,000 · 1BR $1,100 · 3BR $1,850 · 4BR $2,410
- ZIP 57750Studio $830 · 1BR $920 · 3BR $1,570 · 4BR $1,970
- ZIP 57751Studio $980 · 1BR $1,080 · 3BR $1,870 · 4BR $2,350
- ZIP 57754Studio $830 · 1BR $920 · 3BR $1,570 · 4BR $1,970
- ZIP 57761Studio $830 · 1BR $920 · 3BR $1,600 · 4BR $1,970
- ZIP 57767Studio $830 · 1BR $920 · 3BR $1,600 · 4BR $1,970
- ZIP 57775Studio $830 · 1BR $920 · 3BR $1,570 · 4BR $1,970
- ZIP 57780Studio $1,000 · 1BR $1,090 · 3BR $1,830 · 4BR $2,390
- ZIP 57790Studio $1,000 · 1BR $1,090 · 3BR $1,830 · 4BR $2,390
- ZIP 57791Studio $980 · 1BR $1,070 · 3BR $1,850 · 4BR $2,340