Yankton 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).

$1,0162-bedroom FMR, FY2027

$9001-bedroom FMR, FY2027

$82,15080% income limit, family of 4 (FY2026)

$102,700Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Yankton County is $1,016 a month, up 9.4% from $929 in FY2026. Yankton County belongs to the Yankton 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 Yankton County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$707	$641	+10.3%	$637 – $777
1 bedroom	$900	$811	+11.0%	$810 – $990
2 bedrooms	$1,016	$929	+9.4%	$915 – $1,117
3 bedrooms	$1,407	$1,292	+8.9%	$1,267 – $1,547
4 bedrooms	$1,602	$1,438	+11.4%	$1,442 – $1,762

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 Yankton County that is typically $915 to $1,117 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?

$38,125median income of renter households

$781Median gross rent, all units

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

34%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $38,125 can afford about $953 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,016 is $63 (6.6%) more than that. To rent a two-bedroom at the FMR, a household needs $40,640 a year under the 30% rule, or $36,576 under the common landlord rule that income must be three times the rent.

Yankton County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$781 ±$58
Median income of renter households	$38,125 ±$6,096
Renters paying 30% or more of income (cost-burdened)	33.9% ±7.3
Renters paying 50% or more (severely cost-burdened)	17.8% ±5.4
Renter households (where the share can be computed)	2,482

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$644	$781	+21.3%
Median renter household income	$37,028	$38,125	+3.0%
Renters paying 30%+ of income	30.3%	33.9%	+3.6 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 Yankton County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $102,700 (FY2025: $105,000, −2.2%). 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%)	$21,600 +0.5%	$24,650 +0.2%	$27,750 +0.4%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$35,950 +0.4%	$41,100 +0.4%	$46,250 +0.5%	$51,350 +0.4%	$55,500 +0.5%	$59,600 +0.4%	$63,700 +0.4%	$67,800 +0.4%
Low income (80%)	$57,550 +0.4%	$65,750 +0.4%	$73,950 +0.3%	$82,150 +0.4%	$88,750 +0.4%	$95,300 +0.4%	$101,900 +0.4%	$108,450 +0.4%

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.