Kingsbury 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).

$1,0362-bedroom FMR, FY2027

$7921-bedroom FMR, FY2027

$81,10080% income limit, family of 4 (FY2026)

$101,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Kingsbury County is $1,036 a month, up 8.9% from $951 in FY2026. Kingsbury County belongs to the Kingsbury County, SD FMR area (non-metro county), 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 Kingsbury County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$721	$656	+9.9%	$649 – $793
1 bedroom	$792	$725	+9.2%	$713 – $871
2 bedrooms	$1,036	$951	+8.9%	$933 – $1,139
3 bedrooms	$1,234	$1,140	+8.2%	$1,111 – $1,357
4 bedrooms	$1,634	$1,472	+11.0%	$1,471 – $1,797

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 Kingsbury County that is typically $933 to $1,139 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?

$32,250median income of renter households

$685Median gross rent, all units

25%Rent-to-income ratio (median rent ÷ median renter income)

48%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $32,250 can afford about $806 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,036 is $230 (28.5%) more than that. To rent a two-bedroom at the FMR, a household needs $41,440 a year under the 30% rule, or $37,296 under the common landlord rule that income must be three times the rent.

Kingsbury County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$685 ±$202
Median income of renter households	$32,250 ±$9,037
Renters paying 30% or more of income (cost-burdened)	47.9% ±10.6
Renters paying 50% or more (severely cost-burdened)	16.8% ±5.8
Renter households (where the share can be computed)	315

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$500	$685	+37.0%
Median renter household income	$36,106	$32,250	−10.7%
Renters paying 30%+ of income	34.2%	47.9%	+13.7 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.

HUD income limits for Kingsbury County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $101,400 (FY2025: $102,500, −1.1%). 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%)	$21,300 +2.4%	$24,350 +2.5%	$27,400 +2.6%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$35,500 +2.5%	$40,600 +2.7%	$45,650 +2.5%	$50,700 +2.5%	$54,800 +2.5%	$58,850 +2.5%	$62,900 +2.5%	$66,950 +2.5%
Low income (80%)	$56,800 +2.5%	$64,900 +2.5%	$73,000 +2.5%	$81,100 +2.5%	$87,600 +2.5%	$94,100 +2.5%	$100,600 +2.5%	$107,100 +2.5%

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.