Income Limits by County

HUD Metro FMR Area · 4 counties

Sioux Falls, SD Fair Market Rent & Income Limits

For FY2027 HUD set the two-bedroom Fair Market Rent for the Sioux Falls, SD area at $1,228 a month, up 6.2% from FY2026. The FY2026 median family income is $118,700. The same figures apply in all 4 counties of the area.

2-bedroom FMR$1,228per month ▲ 6.2%
Median family income$118,700FY2026
People in the area288,560HUD file, 2024

Fair Market Rent by unit size

FY2027 FY2026

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Sioux Falls, SD.

Low income (80% limit)

A household of 4 earning $92,950 is under the 80% limit of $94,950 for this area. At 30% of income it could pay about $2,324 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits

FY2026 income limits by household size (yearly gross income)
PeopleExtremely low30% / povertyVery low50%60% (LIHTC)MTSPLow income80%
1$24,950$41,550$49,860$66,500
2$28,500$47,500$57,000$76,000
3$32,050$53,450$64,140$85,500
4$35,600$59,350$71,220$94,950
5$38,680$64,100$76,920$102,550
6$44,360$68,850$82,620$110,150
7$50,040$73,600$88,320$117,750
8$55,720$78,350$94,020$125,350

Two-bedroom FMR since 2001

2-bedroom Fair Market Rent, 2001 to 2027$0$400$800$1,200$1,600200520102015202020252027$1,228FY2001: $614FY2002: $634FY2003: $655FY2004: $665FY2005: $607FY2006: $621FY2007: $640FY2008: $653FY2009: $673FY2010: $682FY2011: $694FY2012: $670FY2013: $681FY2014: $760FY2015: $711FY2016: $745FY2017: $811FY2018: $781FY2019: $873FY2020: $839FY2021: $874FY2022: $897FY2023: $949FY2024: $1,042FY2025: $1,030FY2026: $1,156FY2027: $1,228

Counties in the area

CountyPeople2 BR FMR
Minnehaha County, SD203,289$1,228
Lincoln County, SD70,638$1,228
Turner County, SD8,882$1,228
McCook County, SD5,751$1,228

Small Area FMRs across 53 ZIP codes

Two-bedroom Small Area FMRs in the Sioux Falls, SD area run from $1,050 to $1,570; the middle ZIP code is at $1,150, against the area-wide FMR of $1,228. This is not a mandatory Small Area FMR area; agencies may opt in.

$1,050$1,570median $1,150

Highest ZIP codes

57032 (Harrisburg, SD)$1,570
57108 (Sioux Falls, SD)$1,550
57012 (Canistota, SD)$1,540
57064 (Tea, SD)$1,530
57003 (Baltic, SD)$1,470
57016 (Chester, SD)$1,410
57020 (Crooks, SD)$1,400
57077 (Worthing, SD)$1,360

Lowest ZIP codes

57332 (Emery, SD)$1,050
57319 (Bridgewater, SD)$1,050
57073 (Wakonda, SD)$1,050
57070 (Viborg, SD)$1,050
57048 (Montrose, SD)$1,050
57047 (Monroe, SD)$1,050
57045 (Menno, SD)$1,050
57043 (Marion, SD)$1,050

Questions

What is the Fair Market Rent in the Sioux Falls, SD area?

HUD's FY2027 Fair Market Rents for the Sioux Falls, SD area are $941 (studio), $1,044 (1 BR), $1,228 (2 BR), $1,694 (3 BR) and $2,053 (4 BR) a month.

What is the area median income for Sioux Falls, SD?

The FY2026 median family income is $118,700; the 80% low-income limit for four people is $94,950.

Which counties are in this HUD metro area?

Minnehaha County, SD, Lincoln County, SD, Turner County, SD and McCook County, SD.