Fall River County, SD

2025 Fair Market Rents

Tags: 2025 South Dakota

Return to the state page to see where South Dakota ranks nationally and to view information on other counties. Click on the map to view a different county.

The top three largest cities in Fall River County are Oelrichs, Oral, and Smithwick. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Fall River County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Fall River County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Fall River County compare?

Fall River County ($1,077) has a 17.2% higher FMR for 2-Bedroom housing than the average of South Dakota ($919) and therefore a higher gross rent.

Fall River County is rank 4th out of 66 counties. This means the FMRs, or in other words, the gross rent is higher than 62 other counties. Fall River County is the 4th most expensive county in terms of FMRs.

Rent Tables Fall River County, SD

Fair Market Rent (40th Percentile)

$731
studio
$819
1-Bedroom
$1,077
2-Bedroom
$1,302
3-Bedroom
$1,729
4-Bedroom

Median Rent (50th Percentile)

$748
studio
$832
1-Bedroom
$1,091
2-Bedroom
$1,314
3-Bedroom
$1,729
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57763 $770 $860 $1,130 $1,360 $1,760
57766 $750 $840 $1,100 $1,330 $1,730
57782 $770 $860 $1,130 $1,360 $1,760
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57763 $693 $774 $1,017 $1,224 $1,584
57766 $675 $756 $990 $1,197 $1,557
57782 $693 $774 $1,017 $1,224 $1,584
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
57763 $847 $946 $1,243 $1,496 $1,936
57766 $825 $924 $1,210 $1,463 $1,903
57782 $847 $946 $1,243 $1,496 $1,936

Fair Market Rents on this page apply to the following cities in Fall River County, South Dakota: Oelrichs, Oral, and Smithwick.

These Fair Market Rents also apply to the following ZIP codes in Fall River County, South Dakota: 57763, 57766, and 57782.

More on Fall River County, SD

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.