FY2027 Small Area FMR · Hayti, SD

ZIP 57241 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57241 (Hayti, SD) is $1,010 a month, up 8.6% from FY2026. That is 0% equal to the Hamlin County, SD area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 8.6%

Area-wide 2 BR FMR$1,014Hamlin County, SD

Rank in the area11thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 10.9%

1 BR$780▲ 9.9%

2 BR$1,010▲ 8.6%

3 BR$1,340▲ 8.9%

4 BR$1,350▲ 9.8%

FY2027 FY2026

Where 57241 sits in the Hamlin County, SD area

Of the 14 ZIP codes HUD lists for the area, 57241 has the 11th highest two-bedroom Small Area FMR. Hamlin County, 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$710	$639 – $781	$706	$640
1 bedroom	$780	$702 – $858	$775	$710
2 bedrooms	$1,010	$909 – $1,111	$1,014	$930
3 bedrooms	$1,340	$1,206 – $1,474	$1,334	$1,230
4 bedrooms	$1,350	$1,215 – $1,485	$1,337	$1,230

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $100,500 and the 80% low-income limit for four people is $80,400. ZIP code 57241 lies mainly in Hamlin County. See the Hamlin County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57248	Lake Norden	7.9 mi	$1,260
57242	Hazel	9.0 mi	$1,090
57223	Castlewood	9.9 mi	$1,320
57214	Badger	13.4 mi	$1,100
57221	Bryant	13.6 mi	$1,040
57271	Vienna	15.3 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 57241?

HUD's FY2027 Small Area Fair Market Rents for 57241 are $710 (studio), $780 (1 BR), $1,010 (2 BR), $1,340 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 57241?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57241 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57241?

The FY2026 income limits of the Hamlin County, SD area apply: median family income $100,500, low-income (80%) limit $80,400 for a family of four.