FY2027 Small Area FMR · Presho, SD

ZIP 57568 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57568 (Presho, SD) is $1,040 a month, up 10.6% from FY2026. That is 4% below the Lyman County, SD area-wide FMR of $1,086.

2-bedroom SAFMR$1,040per month ▲ 10.6%

Area-wide 2 BR FMR$1,086Lyman County, SD

Rank in the area7thof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$720▲ 10.8%

1 BR$800▲ 11.1%

2 BR$1,040▲ 10.6%

3 BR$1,240▲ 9.7%

4 BR$1,640▲ 12.3%

FY2027 FY2026

Where 57568 sits in the Lyman County, SD area

Of the 9 ZIP codes HUD lists for the area, 57568 has the 7th highest two-bedroom Small Area FMR. Lyman 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 $1,086 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$720	$648 – $792	$756	$650
1 bedroom	$800	$720 – $880	$830	$720
2 bedrooms	$1,040	$936 – $1,144	$1,086	$940
3 bedrooms	$1,240	$1,116 – $1,364	$1,294	$1,130
4 bedrooms	$1,640	$1,476 – $1,804	$1,713	$1,460

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $87,500 and the 80% low-income limit for four people is $75,600. ZIP code 57568 lies mainly in Lyman County. See the Lyman County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57544	Kennebec	9.2 mi	$1,090
57576	Vivian	11.3 mi	$1,100
57531	Draper	21.3 mi	$1,080
57541	Ideal	22.3 mi	$1,010
57584	Witten	24.6 mi	$1,070
57548	Lower Brule	25.0 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 57568?

HUD's FY2027 Small Area Fair Market Rents for 57568 are $720 (studio), $800 (1 BR), $1,040 (2 BR), $1,240 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 57568?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57568 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57568?

The FY2026 income limits of the Lyman County, SD area apply: median family income $87,500, low-income (80%) limit $75,600 for a family of four.