HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Bennett County, South Dakota (FY 2026)
$1,182 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Bennett County, and it's the baseline every voucher in Bennett is measured against.
2 bedroom FMR
$1,182
FY 2026, utilities included
Payment standard range
$1,064 to $1,300
90% to 110% of FMR
Income to afford 2BR
$47,280
per year, at 30% of income
Rank in South Dakota
4th of 66
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Bennett moves to $1,395. That's up 18%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Bennett actually rent for?
Search any address in Bennett for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $815 | $734 to $897 | $32,600 | $15.67/hr | +12.4% |
| 1 bedroom | $901 | $811 to $991 | $36,040 | $17.33/hr | +11.8% |
| 2 bedroom | $1,182 | $1,064 to $1,300 | $47,280 | $22.73/hr | +11.7% |
| 3 bedroom | $1,417 | $1,275 to $1,559 | $56,680 | $27.25/hr | +11.1% |
| 4 bedroom | $1,830 | $1,647 to $2,013 | $73,200 | $35.19/hr | +10.9% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,105 | $1,895 to $2,316 |
| 6 bedroom Estimate | $2,379 | $2,141 to $2,617 |
| 7 bedroom Estimate | $2,654 | $2,389 to $2,919 |
| 8 bedroom Estimate | $2,928 | $2,635 to $3,221 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Bennett, that runs from $815 for a studio up to $1,830 for four bedrooms, all five rates in the table above.
Because Bennett sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Martin included.
Among South Dakota's 66 counties, Bennett ranks 4th for two-bedroom FMR. That's about 27% above the state median of $929 and about 16% above the national median county at $1,018. About 3,391 people live here, 45th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,040 in 57716 (Batesland) and $1,200 in 57714 (Allen), with the 4 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Bennett somewhere between $1,064 and $1,300. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,182 a month is affordable, by HUD's 30% rule, on an income of roughly $47,280 a year. Put another way, $23 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,064) | HAP at 100% ($1,182) | HAP at 110% ($1,300) |
|---|---|---|---|---|
| $2,500 | $750 | $314 | $432 | $550 |
| $4,000 | $1,200 | $0 | $0 | $100 |
Rate history
The two-bedroom rate went up 12% from FY 2025 ($1,058) to FY 2026 ($1,182). Since FY 2020 it's up 66% in total, about 8.8% a year. The South Dakota median moved up 7% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $487 | $596 | $714 | $891 | $1,081 | — |
| FY 2021 | $503 | $615 | $719 | $894 | $1,121 | +0.7% |
| FY 2022 | $541 | $664 | $757 | $936 | $1,219 | +5.3% |
| FY 2023 | $593 | $734 | $853 | $1,038 | $1,391 | +12.7% |
| FY 2024 | $695 | $780 | $1,025 | $1,239 | $1,647 | +20.2% |
| FY 2025 | $725 | $806 | $1,058 | $1,275 | $1,650 | +3.2% |
| FY 2026 | $815 | $901 | $1,182 | $1,417 | $1,830 | +11.7% |
| FY 2027 | $971 | $1,066 | $1,395 | $1,662 | $2,200 | +18.0% |
Nearby counties
Questions people ask
$1,182 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $815 for a studio, $901 for one bedroom, $1,417 for three and $1,830 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Bennett actually go for?
HUD's number is one input. Search any address in Bennett for a rent estimate built from nearby comps. 3 free searches, no card.
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