FY2027 Small Area FMR · Saint Lawrence, SD

ZIP 57373 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57373 (Saint Lawrence, SD) is $1,080 a month, up 5.9% from FY2026. That is 7% above the Hand County, SD area-wide FMR of $1,014.

2-bedroom SAFMR$1,080per month ▲ 5.9%

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

Rank in the area3rdof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$760▲ 8.6%

1 BR$870▲ 3.6%

2 BR$1,080▲ 5.9%

3 BR$1,390▲ 2.2%

4 BR$1,730▲ 8.8%

FY2027 FY2026

Where 57373 sits in the Hand County, SD area

Of the 10 ZIP codes HUD lists for the area, 57373 has the 3rd highest two-bedroom Small Area FMR. Hand 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 $1,080 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	$760	$684 – $836	$706	$700
1 bedroom	$870	$783 – $957	$820	$840
2 bedrooms	$1,080	$972 – $1,188	$1,014	$1,020
3 bedrooms	$1,390	$1,251 – $1,529	$1,304	$1,360
4 bedrooms	$1,730	$1,557 – $1,903	$1,599	$1,590

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $109,900 and the 80% low-income limit for four people is $87,900. ZIP code 57373 lies mainly in Hand County. See the Hand County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57362	Miller	10.0 mi	$1,090
57381	Wessington	11.9 mi	$1,190
57476	Tulare	17.7 mi	$1,010
57384	Wolsey	20.5 mi	$1,010
57371	Ree Heights	21.0 mi	$1,040
57470	Rockham	24.4 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 57373?

HUD's FY2027 Small Area Fair Market Rents for 57373 are $760 (studio), $870 (1 BR), $1,080 (2 BR), $1,390 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 57373?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57373 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57373?

The FY2026 income limits of the Hand County, SD area apply: median family income $109,900, low-income (80%) limit $87,900 for a family of four.