Rental Benchmark Overview
2-Bedroom Benchmark Rent
$953$11,436 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Brookings County, SD
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Brookings 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 | $776 | $9,312 | $31,040 | $14.92/hr |
| 1-Bedroom Apartment | $781 | $9,372 | $31,240 | $15.02/hr |
| 2-Bedroom ApartmentStandard Benchmark | $953 | $11,436 | $38,120 | $18.33/hr |
| 3-Bedroom Home | $1,325 | $15,900 | $53,000 | $25.48/hr |
| 4-Bedroom Home | $1,599 | $19,188 | $63,960 | $30.75/hr |
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Frequently Asked Questions About Rent in Brookings County, SD
What is the Fair Market Rent for a 2-bedroom in Brookings County, SD?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Brookings County, SD is $953 per month ($11,436 per year).
What hourly wage is needed to afford rent in Brookings County, SD?
To comfortably afford a 2-bedroom apartment at $953/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.33 per hour ($38,120/year).
What are the HUD Fair Market Rents by bedroom count in Brookings County, SD?
Official 2026 HUD rents in Brookings County, SD are: Studio: $776/mo, 1-Bedroom: $781/mo, 2-Bedroom: $953/mo, 3-Bedroom: $1,325/mo, and 4-Bedroom: $1,599/mo.
How do HUD Fair Market Rents compare to local incomes in Brookings County, SD?
At the local Census ACS median household income of $70,064/year ($5,839/month), the benchmark 2-bedroom Fair Market Rent represents 16.3% of monthly income.
How is the 30% housing affordability standard calculated in Brookings County, SD?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $953/month, the required minimum annual gross income is calculated as ($953 × 12) ÷ 0.30 = $38,120 per year.