Income Limits by County

FY2027 Small Area FMR · Garretson, SD

ZIP 57030 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57030 (Garretson, SD) is $1,050 a month, up 8.2% from FY2026. That is 14% below the Sioux Falls, SD area-wide FMR of $1,228.

2-bedroom SAFMR$1,050per month ▲ 8.2%
Area-wide 2 BR FMR$1,228Sioux Falls, SD
Rank in the area36thof 53 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945
2 BR Small Area FMR$1,050
110% of SAFMR$1,155

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 57030 sits in the Sioux Falls, SD area

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

Of the 53 ZIP codes HUD lists for the area, 57030 has the 36th highest two-bedroom Small Area FMR. Sioux Falls, SD is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,228 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 for this ZIP code instead.

ZIP code 57030 crosses more than one HUD area. HUD also lists it under Rock County, MN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$780$702 – $858$941$730
1 bedroom$890$801 – $979$1,044$830
2 bedrooms$1,050$945 – $1,155$1,228$970
3 bedrooms$1,430$1,287 – $1,573$1,694$1,340
4 bedrooms$1,750$1,575 – $1,925$2,053$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $118,700 and the 80% low-income limit for four people is $94,950. ZIP code 57030 lies mainly in Minnehaha County and Rock County. See the Sioux Falls, SD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
56144Jasper10.1 mi$1,020
57005Brandon10.5 mi$1,240
56116Beaver Creek10.8 mi$1,100
57068Valley Springs11.3 mi$1,300
57003Baltic11.8 mi$1,470
57022Dell Rapids12.1 mi$1,150

Questions

What is the Fair Market Rent for ZIP code 57030?

HUD's FY2027 Small Area Fair Market Rents for 57030 are $780 (studio), $890 (1 BR), $1,050 (2 BR), $1,430 (3 BR) and $1,750 (4 BR) a month.

What is the Section 8 payment standard in 57030?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57030 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57030?

The FY2026 income limits of the Sioux Falls, SD area apply: median family income $118,700, low-income (80%) limit $94,950 for a family of four.