Rental Benchmark Overview
2-Bedroom Benchmark Rent
$955$11,460 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Beadle County, SD
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Beadle County, SD
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $658 | $7,896 | $26,320 | $12.65/hr |
| 1-Bedroom Apartment | $728 | $8,736 | $29,120 | $14.00/hr |
| 2-Bedroom ApartmentStandard Benchmark | $955 | $11,460 | $38,200 | $18.37/hr |
| 3-Bedroom Home | $1,245 | $14,940 | $49,800 | $23.94/hr |
| 4-Bedroom Home | $1,472 | $17,664 | $58,880 | $28.31/hr |
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Frequently Asked Questions About Rent in Beadle County, SD
What is the Fair Market Rent for a 2-bedroom in Beadle County, SD?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Beadle County, SD is $955 per month ($11,460 per year).
What hourly wage is needed to afford rent in Beadle County, SD?
To comfortably afford a 2-bedroom apartment at $955/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.37 per hour ($38,200/year).
What are the HUD Fair Market Rents by bedroom count in Beadle County, SD?
Official 2026 HUD rents in Beadle County, SD are: Studio: $658/mo, 1-Bedroom: $728/mo, 2-Bedroom: $955/mo, 3-Bedroom: $1,245/mo, and 4-Bedroom: $1,472/mo.
How do HUD Fair Market Rents compare to local incomes in Beadle County, SD?
At the local Census ACS median household income of $67,681/year ($5,640/month), the benchmark 2-bedroom Fair Market Rent represents 16.9% of monthly income.
How is the 30% housing affordability standard calculated in Beadle County, SD?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $955/month, the required minimum annual gross income is calculated as ($955 × 12) ÷ 0.30 = $38,200 per year.