FY2027 Small Area FMR · Oelrichs, SD

ZIP 57763 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 57763 (Oelrichs, SD) is $1,290 a month, up 11.2% from FY2026. That is 0% equal to the Fall River County, SD area-wide FMR of $1,289.

2-bedroom SAFMR$1,290per month ▲ 11.2%

Area-wide 2 BR FMR$1,289Fall River County, SD

Rank in the area1stof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,161

2 BR Small Area FMR$1,290

110% of SAFMR$1,419

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

Studio$900▲ 12.5%

1 BR$990▲ 12.5%

2 BR$1,290▲ 11.2%

3 BR$1,620▲ 16.5%

4 BR$2,030▲ 12.8%

FY2027 FY2026

Where 57763 sits in the Fall River County, SD area

Of the 6 ZIP codes HUD lists for the area, 57763 has the 1st highest two-bedroom Small Area FMR. Fall River 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 $1,289 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,290 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	$900	$810 – $990	$898	$800
1 bedroom	$990	$891 – $1,089	$985	$880
2 bedrooms	$1,290	$1,161 – $1,419	$1,289	$1,160
3 bedrooms	$1,620	$1,458 – $1,782	$1,616	$1,390
4 bedrooms	$2,030	$1,827 – $2,233	$2,033	$1,800

A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 a year to keep housing costs at 30% of income. The area median family income is $95,000 and the 80% low-income limit for four people is $76,000. ZIP code 57763 lies mainly in Fall River County. See the Fall River County, SD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
57782	Smithwick	14.0 mi	$1,290
57766	Oral	20.0 mi	$1,290
69367	Whitney	21.1 mi	$1,080
57764	Oglala	21.4 mi	$1,010
69337	Chadron	23.0 mi	$1,100
57747	Hot Springs	24.3 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 57763?

HUD's FY2027 Small Area Fair Market Rents for 57763 are $900 (studio), $990 (1 BR), $1,290 (2 BR), $1,620 (3 BR) and $2,030 (4 BR) a month.

What is the Section 8 payment standard in 57763?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 57763 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 57763?

The FY2026 income limits of the Fall River County, SD area apply: median family income $95,000, low-income (80%) limit $76,000 for a family of four.