FY2027 Small Area FMR · Herreid, SD

ZIP 57632 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57632 (Herreid, SD) is $1,060 a month, up 12.8% from FY2026. That is 5% above the Campbell County, SD area-wide FMR of $1,014.

2-bedroom SAFMR$1,060per month ▲ 12.8%

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

Rank in the area5thof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$740▲ 13.8%

1 BR$850▲ 6.2%

2 BR$1,060▲ 12.8%

3 BR$1,470▲ 12.2%

4 BR$1,670▲ 14.4%

FY2027 FY2026

Where 57632 sits in the Campbell County, SD area

Of the 8 ZIP codes HUD lists for the area, 57632 has the 5th highest two-bedroom Small Area FMR. Campbell 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 $1,060 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	$740	$666 – $814	$706	$650
1 bedroom	$850	$765 – $935	$815	$800
2 bedrooms	$1,060	$954 – $1,166	$1,014	$940
3 bedrooms	$1,470	$1,323 – $1,617	$1,404	$1,310
4 bedrooms	$1,670	$1,503 – $1,837	$1,599	$1,460

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $107,800 and the 80% low-income limit for four people is $86,250. ZIP code 57632 lies mainly in Campbell County. See the Campbell County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57646	Mound City	10.6 mi	$1,070
58542	Hague	14.8 mi	$1,030
57648	Pollock	15.8 mi	$1,040
58581	Zeeland	19.0 mi	$1,020
58573	Strasburg	19.8 mi	$1,010
57437	Eureka	21.3 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 57632?

HUD's FY2027 Small Area Fair Market Rents for 57632 are $740 (studio), $850 (1 BR), $1,060 (2 BR), $1,470 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 57632?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57632 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57632?

The FY2026 income limits of the Campbell County, SD area apply: median family income $107,800, low-income (80%) limit $86,250 for a family of four.