Rental Benchmark Overview
2-Bedroom Benchmark Rent
$951$11,412 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Kingsbury County, SD
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Kingsbury 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 | $656 | $7,872 | $26,240 | $12.62/hr |
| 1-Bedroom Apartment | $725 | $8,700 | $29,000 | $13.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $951 | $11,412 | $38,040 | $18.29/hr |
| 3-Bedroom Home | $1,140 | $13,680 | $45,600 | $21.92/hr |
| 4-Bedroom Home | $1,472 | $17,664 | $58,880 | $28.31/hr |
See comprehensive cost of living profile for Kingsbury County, SD →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across South Dakota:
Frequently Asked Questions About Rent in Kingsbury County, SD
What is the Fair Market Rent for a 2-bedroom in Kingsbury County, SD?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Kingsbury County, SD is $951 per month ($11,412 per year).
What hourly wage is needed to afford rent in Kingsbury County, SD?
To comfortably afford a 2-bedroom apartment at $951/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.29 per hour ($38,040/year).
What are the HUD Fair Market Rents by bedroom count in Kingsbury County, SD?
Official 2026 HUD rents in Kingsbury County, SD are: Studio: $656/mo, 1-Bedroom: $725/mo, 2-Bedroom: $951/mo, 3-Bedroom: $1,140/mo, and 4-Bedroom: $1,472/mo.
How do HUD Fair Market Rents compare to local incomes in Kingsbury County, SD?
At the local Census ACS median household income of $74,000/year ($6,167/month), the benchmark 2-bedroom Fair Market Rent represents 15.4% of monthly income.
How is the 30% housing affordability standard calculated in Kingsbury County, SD?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $951/month, the required minimum annual gross income is calculated as ($951 × 12) ÷ 0.30 = $38,040 per year.