Stanley 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).

$1,2022-bedroom FMR, FY2027

$9191-bedroom FMR, FY2027

$95,85080% income limit, family of 4 (FY2026)

$119,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Stanley County is $1,202 a month, up 16.2% from $1,034 in FY2026. Stanley County belongs to the Stanley 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 Stanley County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$837	$713	+17.4%	$754 – $920
1 bedroom	$919	$788	+16.6%	$828 – $1,010
2 bedrooms	$1,202	$1,034	+16.2%	$1,082 – $1,322
3 bedrooms	$1,545	$1,316	+17.4%	$1,391 – $1,699
4 bedrooms	$1,896	$1,601	+18.4%	$1,707 – $2,085

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 Stanley County that is typically $1,082 to $1,322 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?

$39,688median income of renter households (low reliability)

$952Median gross rent, all units

29%Rent-to-income ratio (median rent ÷ median renter income)

46%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $39,688 can afford about $992 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,202 is $210 (21.1%) more than that. To rent a two-bedroom at the FMR, a household needs $48,080 a year under the 30% rule, or $43,272 under the common landlord rule that income must be three times the rent.

Stanley County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$952 ±$132
Median income of renter households	$39,688 ±$21,825
Renters paying 30% or more of income (cost-burdened)	46.4% ±23.1
Renters paying 50% or more (severely cost-burdened)	25.8% ±21.7
Renter households (where the share can be computed)	194

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$772	$952	+23.3%
Median renter household income	$30,588	$39,688	+29.8%
Renters paying 30%+ of income	57.2%	46.4%	−10.8 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 Stanley County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $119,800 (FY2025: $118,400, +1.2%). 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%)	$25,200 +5.4%	$28,800 +5.5%	$32,400 +5.5%	$35,950 +5.4%	$38,850 +3.2%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$41,950 +5.5%	$47,950 +5.6%	$53,950 +5.6%	$59,900 +5.5%	$64,700 +5.5%	$69,500 +5.5%	$74,300 +5.5%	$79,100 +5.5%
Low income (80%)	$67,100 +5.5%	$76,700 +5.5%	$86,300 +5.5%	$95,850 +5.5%	$103,550 +5.5%	$111,200 +5.5%	$118,900 +5.5%	$126,550 +5.5%

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.