Custer County, SD: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,2422-bedroom FMR, FY2027

$9491-bedroom FMR, FY2027

$82,55080% income limit, family of 4 (FY2026)

$103,200Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Custer County is $1,242 a month, up 5.9% from $1,173 in FY2026. Custer County belongs to the Custer County, SD HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Custer County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$865	$809	+6.9%	$779 – $951
1 bedroom	$949	$894	+6.2%	$855 – $1,043
2 bedrooms	$1,242	$1,173	+5.9%	$1,118 – $1,366
3 bedrooms	$1,720	$1,631	+5.5%	$1,548 – $1,892
4 bedrooms	$2,076	$1,968	+5.5%	$1,869 – $2,283

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Custer County that is typically $1,118 to $1,366 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$78,958median income of renter households

$1,112Median gross rent, all units

17%Rent-to-income ratio (median rent ÷ median renter income)

21%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $78,958 can afford about $1,974 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,242 is $732 (37.1%) less than that. To rent a two-bedroom at the FMR, a household needs $49,680 a year under the 30% rule, or $44,712 under the common landlord rule that income must be three times the rent.

Custer County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,112 ±$219
Median income of renter households	$78,958 ±$21,948
Renters paying 30% or more of income (cost-burdened)	20.5% ±6.9
Renters paying 50% or more (severely cost-burdened)	8.5% ±5.4
Renter households (where the share can be computed)	610

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$782	$1,112	+42.2%
Median renter household income	$24,632	$78,958	+220.6%
Renters paying 30%+ of income	46.4%	20.5%	−25.9 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,070 to $1,420 depending on the ZIP code.

All 9 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
57722	$870	$960	$1,250	$1,700	$2,070
57730	$860	$950	$1,240	$1,710	$2,070
57735	$830	$910	$1,190	$1,510	$1,890
57738	$980	$1,070	$1,400	$1,920	$2,340
57744	$990	$1,090	$1,420	$1,940	$2,370
57747	$880	$960	$1,260	$1,590	$2,000
57751	$980	$1,080	$1,410	$1,870	$2,350
57773	$870	$960	$1,250	$1,650	$2,030
82701	$820	$820	$1,070	$1,480	$1,780

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Custer County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $103,200 (FY2025: $101,500, +1.7%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$21,700 +3.6%	$24,800 +3.5%	$27,900 +3.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$36,150 +3.7%	$41,300 +3.6%	$46,450 +3.6%	$51,600 +3.5%	$55,750 +3.5%	$59,900 +3.6%	$64,000 +3.5%	$68,150 +3.6%
Low income (80%)	$57,800 +3.6%	$66,050 +3.5%	$74,300 +3.6%	$82,550 +3.6%	$89,200 +3.6%	$95,800 +3.6%	$102,400 +3.6%	$109,000 +3.6%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.