Income Limits by County

FY2027 Small Area FMR · Edgemont, SD

ZIP 57735 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57735 (Edgemont, SD) is $1,190 a month, up 20.2% from FY2026. That is 4% below the Custer County, SD area-wide FMR of $1,242.

2-bedroom SAFMR$1,190per month ▲ 20.2%
Area-wide 2 BR FMR$1,242Custer County, SD
Rank in the area8thof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071
2 BR Small Area FMR$1,190
110% of SAFMR$1,309

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

FY2027 FY2026

Where 57735 sits in the Custer County, SD area

$1,070$1,420median $1,250

Of the 9 ZIP codes HUD lists for the area, 57735 has the 8th highest two-bedroom Small Area FMR. Custer 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 $1,242 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 for this ZIP code instead.

ZIP code 57735 crosses more than one HUD area. HUD also lists it under Fall River County, SD (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$830$747 – $913$865$680
1 bedroom$910$819 – $1,001$949$750
2 bedrooms$1,190$1,071 – $1,309$1,242$990
3 bedrooms$1,510$1,359 – $1,661$1,720$1,320
4 bedrooms$1,890$1,701 – $2,079$2,076$1,560

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $103,200 and the 80% low-income limit for four people is $82,550. ZIP code 57735 lies mainly in Fall River County, Custer County and Sioux County. See the Custer County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
57747Hot Springs17.4 mi$1,260
57773Pringle24.6 mi$1,250
82225Lusk28.2 mi$1,170
57730Custer31.1 mi$1,240
57763Oelrichs32.8 mi$1,290
57766Oral33.4 mi$1,290

Questions

What is the Fair Market Rent for ZIP code 57735?

HUD's FY2027 Small Area Fair Market Rents for 57735 are $830 (studio), $910 (1 BR), $1,190 (2 BR), $1,510 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 57735?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57735 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57735?

The FY2026 income limits of the Custer County, SD area apply: median family income $103,200, low-income (80%) limit $82,550 for a family of four.