HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Custer County, South Dakota (FY 2026)
A two-bedroom in Custer County carries a FY 2026 Fair Market Rent of $1,173 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Custer keys off that figure.
2 bedroom FMR
$1,173
FY 2026, utilities included
Payment standard range
$1,056 to $1,290
90% to 110% of FMR
Income to afford 2BR
$46,920
per year, at 30% of income
Rank in South Dakota
5th of 66
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Custer moves to $1,242. That's up 6%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Custer actually rent for?
Search any address in Custer 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 | $809 | $728 to $890 | $32,360 | $15.56/hr | +13.1% |
| 1 bedroom | $894 | $805 to $983 | $35,760 | $17.19/hr | +12.6% |
| 2 bedroom | $1,173 | $1,056 to $1,290 | $46,920 | $22.56/hr | +12.6% |
| 3 bedroom | $1,631 | $1,468 to $1,794 | $65,240 | $31.37/hr | +11.7% |
| 4 bedroom | $1,968 | $1,771 to $2,165 | $78,720 | $37.85/hr | +18.3% |
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 | $2,263 | $2,037 to $2,489 |
| 6 bedroom Estimate | $2,558 | $2,302 to $2,814 |
| 7 bedroom Estimate | $2,854 | $2,569 to $3,139 |
| 8 bedroom Estimate | $3,149 | $2,834 to $3,464 |
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 Custer, that runs from $809 for a studio up to $1,968 for four bedrooms, all five rates in the table above.
Custer is its own HUD metro area (Custer County, SD), so the rate here is set from rents inside the county rather than a wider region.
Among South Dakota's 66 counties, Custer ranks 5th for two-bedroom FMR. That's about 26% above the state median of $929 and about 15% above the national median county at $1,018. About 8,515 people live here, 22nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,150 in 57722 (Buffalo Gap) and $1,280 in 57744 (Hermosa), with the 5 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 Custer somewhere between $1,056 and $1,290. 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.
$1,173 a month is affordable, by HUD's 30% rule, on an income of roughly $46,920 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% ($1,056) | HAP at 100% ($1,173) | HAP at 110% ($1,290) |
|---|---|---|---|---|
| $2,500 | $750 | $306 | $423 | $540 |
| $4,000 | $1,200 | $0 | $0 | $90 |
Rate history
The two-bedroom rate went up 13% from FY 2025 ($1,042) to FY 2026 ($1,173). Since FY 2020 it's up 31% in total, about 4.6% 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 | $585 | $682 | $898 | $1,119 | $1,309 | — |
| FY 2021 | $614 | $706 | $931 | $1,158 | $1,290 | +3.7% |
| FY 2022 | $696 | $739 | $973 | $1,203 | $1,333 | +4.5% |
| FY 2023 | $735 | $802 | $1,056 | $1,389 | $1,722 | +8.5% |
| FY 2024 | $779 | $875 | $1,150 | $1,621 | $1,848 | +8.9% |
| FY 2025 | $715 | $794 | $1,042 | $1,460 | $1,664 | -9.4% |
| FY 2026 | $809 | $894 | $1,173 | $1,631 | $1,968 | +12.6% |
| FY 2027 | $865 | $949 | $1,242 | $1,720 | $2,076 | +5.9% |
Nearby counties
Fall River County
$1,15223 mi · pop 7,079
Pennington County
$1,33635 mi · pop 110,386
Oglala Lakota County
$92954 mi · pop 13,695
Lawrence County
$1,04656 mi · pop 26,047
Meade County
$1,27365 mi · pop 29,970
Butte County
$1,09971 mi · pop 10,369
Bennett County
$1,18283 mi · pop 3,391
Jackson County
$92988 mi · pop 2,838
Questions people ask
$1,173 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $809 for a studio, $894 for one bedroom, $1,631 for three and $1,968 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 Custer actually go for?
HUD's number is one input. Search any address in Custer for a rent estimate built from nearby comps. 3 free searches, no card.
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