FY2027 Small Area FMR · Fairburn, SD
ZIP 57738 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57738 (Fairburn, SD) is $1,400 a month, up 10.2% from FY2026. That is 13% above the Custer County, SD area-wide FMR of $1,242.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 57738 sits in the Custer County, SD area
Of the 9 ZIP codes HUD lists for the area, 57738 has the 3rd 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 $1,400 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $980 | $882 – $1,078 | $865 | $880 |
| 1 bedroom | $1,070 | $963 – $1,177 | $949 | $970 |
| 2 bedrooms | $1,400 | $1,260 – $1,540 | $1,242 | $1,270 |
| 3 bedrooms | $1,920 | $1,728 – $2,112 | $1,720 | $1,740 |
| 4 bedrooms | $2,340 | $2,106 – $2,574 | $2,076 | $2,110 |
A household renting a two-bedroom home at the Small Area FMR of $1,400 needs about $56,000 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 57738 lies mainly in Custer County. See the Custer County, SD county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 57738?
HUD's FY2027 Small Area Fair Market Rents for 57738 are $980 (studio), $1,070 (1 BR), $1,400 (2 BR), $1,920 (3 BR) and $2,340 (4 BR) a month.
What is the Section 8 payment standard in 57738?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57738 that range is $1,260 to $1,540 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 57738?
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.