HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Potter County, South Dakota (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Potter County is $1,067 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,067
FY 2026, utilities included
Payment standard range
$960 to $1,174
90% to 110% of FMR
Income to afford 2BR
$42,680
per year, at 30% of income
Rank in South Dakota
14th of 66
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Potter moves to $1,305. That's up 22%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Potter actually rent for?
Search any address in Potter 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 | $736 | $662 to $810 | $29,440 | $14.15/hr | +14.3% |
| 1 bedroom | $813 | $732 to $894 | $32,520 | $15.63/hr | +13.5% |
| 2 bedroom | $1,067 | $960 to $1,174 | $42,680 | $20.52/hr | +13.6% |
| 3 bedroom | $1,358 | $1,222 to $1,494 | $54,320 | $26.12/hr | +11.2% |
| 4 bedroom | $1,652 | $1,487 to $1,817 | $66,080 | $31.77/hr | +12.8% |
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 | $1,900 | $1,710 to $2,090 |
| 6 bedroom Estimate | $2,148 | $1,933 to $2,363 |
| 7 bedroom Estimate | $2,395 | $2,156 to $2,635 |
| 8 bedroom Estimate | $2,643 | $2,379 to $2,907 |
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 Potter, that runs from $736 for a studio up to $1,652 for four bedrooms, all five rates in the table above.
Because Potter 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, Gettysburg included.
Among South Dakota's 66 counties, Potter ranks 14th for two-bedroom FMR. That's about 15% above the state median of $929 and about 5% above the national median county at $1,018. About 2,587 people live here, 52nd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 57442 (Gettysburg) and $1,070 in 57455 (Lebanon), 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 Potter somewhere between $960 and $1,174. 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.
$1,067 a month is affordable, by HUD's 30% rule, on an income of roughly $42,680 a year. Put another way, $21 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% ($960) | HAP at 100% ($1,067) | HAP at 110% ($1,174) |
|---|---|---|---|---|
| $2,500 | $750 | $210 | $317 | $424 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 14% from FY 2025 ($939) to FY 2026 ($1,067). Since FY 2020 it's up 43% in total, about 6.2% 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 | $509 | $566 | $745 | $964 | $1,128 | — |
| FY 2021 | $509 | $552 | $727 | $946 | $1,133 | -2.4% |
| FY 2022 | $541 | $575 | $757 | $993 | $1,027 | +4.1% |
| FY 2023 | $575 | $628 | $826 | $1,103 | $1,118 | +9.1% |
| FY 2024 | $666 | $748 | $983 | $1,301 | $1,309 | +19.0% |
| FY 2025 | $644 | $716 | $939 | $1,221 | $1,465 | -4.5% |
| FY 2026 | $736 | $813 | $1,067 | $1,358 | $1,652 | +13.6% |
| FY 2027 | $909 | $998 | $1,305 | $1,678 | $2,058 | +22.3% |
Nearby counties
Questions people ask
$1,067 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $736 for a studio, $813 for one bedroom, $1,358 for three and $1,652 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 Potter actually go for?
HUD's number is one input. Search any address in Potter for a rent estimate built from nearby comps. 3 free searches, no card.
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