FY2027 Small Area FMR · Jefferson, SD

ZIP 57038 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57038 (Jefferson, SD) is $1,130 a month, unchanged from FY2026. That is 5% below the Sioux City, IA-NE-SD area-wide FMR of $1,194.

2-bedroom SAFMR$1,130per month ■ 0.0%

Area-wide 2 BR FMR$1,194Sioux City, IA-NE-SD

Rank in the area17thof 46 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$790■ 0.0%

1 BR$910■ 0.0%

2 BR$1,130■ 0.0%

3 BR$1,370▼ 0.7%

4 BR$1,530▲ 1.3%

FY2027 FY2026

Where 57038 sits in the Sioux City, IA-NE-SD area

Of the 46 ZIP codes HUD lists for the area, 57038 has the 17th highest two-bedroom Small Area FMR. Sioux City, IA-NE-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 $1,194 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$790	$711 – $869	$831	$790
1 bedroom	$910	$819 – $1,001	$965	$910
2 bedrooms	$1,130	$1,017 – $1,243	$1,194	$1,130
3 bedrooms	$1,370	$1,233 – $1,507	$1,447	$1,380
4 bedrooms	$1,530	$1,377 – $1,683	$1,618	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $97,900 and the 80% low-income limit for four people is $78,300. ZIP code 57038 lies mainly in Union County. See the Sioux City, IA-NE-SD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
51109	Sioux City	5.2 mi	$1,040
57049	North Sioux City	5.5 mi	$1,400
51062	Westfield	8.1 mi	$1,150
51103	Sioux City	8.4 mi	$1,160
68743	Jackson	9.2 mi	$1,640
51104	Sioux City	9.4 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 57038?

HUD's FY2027 Small Area Fair Market Rents for 57038 are $790 (studio), $910 (1 BR), $1,130 (2 BR), $1,370 (3 BR) and $1,530 (4 BR) a month.

What is the Section 8 payment standard in 57038?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57038 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57038?

The FY2026 income limits of the Sioux City, IA-NE-SD area apply: median family income $97,900, low-income (80%) limit $78,300 for a family of four.