FY2027 Small Area FMR · Long Valley, SD

ZIP 57547 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57547 (Long Valley, SD) is $1,170 a month, up 12.5% from FY2026. That is 15% above the Jackson County, SD area-wide FMR of $1,014.

2-bedroom SAFMR$1,170per month ▲ 12.5%

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

Rank in the area5thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

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

Studio$810▲ 12.5%

1 BR$890■ 0.0%

2 BR$1,170▲ 12.5%

3 BR$1,470▲ 13.1%

4 BR$1,850▲ 19.4%

FY2027 FY2026

Where 57547 sits in the Jackson County, SD area

Of the 12 ZIP codes HUD lists for the area, 57547 has the 5th highest two-bedroom Small Area FMR. Jackson 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 $1,170 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	$810	$729 – $891	$706	$720
1 bedroom	$890	$801 – $979	$775	$890
2 bedrooms	$1,170	$1,053 – $1,287	$1,014	$1,040
3 bedrooms	$1,470	$1,323 – $1,617	$1,304	$1,300
4 bedrooms	$1,850	$1,665 – $2,035	$1,599	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 a year to keep housing costs at 30% of income. The area median family income is $94,500 and the 80% low-income limit for four people is $75,600. ZIP code 57547 lies mainly in Jackson County. See the Jackson County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57560	Norris	12.2 mi	$1,080
57577	Wanblee	13.0 mi	$1,120
57543	Kadoka	20.1 mi	$1,010
57566	Parmelee	20.3 mi	$1,060
57521	Belvidere	24.0 mi	$1,040
57551	Martin	26.0 mi	$1,380

Questions

What is the Fair Market Rent for ZIP code 57547?

HUD's FY2027 Small Area Fair Market Rents for 57547 are $810 (studio), $890 (1 BR), $1,170 (2 BR), $1,470 (3 BR) and $1,850 (4 BR) a month.

What is the Section 8 payment standard in 57547?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57547 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57547?

The FY2026 income limits of the Jackson County, SD area apply: median family income $94,500, low-income (80%) limit $75,600 for a family of four.