Codington County
FY 2026 HUD Fair Market Rents in South Dakota. Population: 28,402.
Fair Market Rents (2026)
Studio
National avg: $893
$747/mo
↑ 8.7% YoY
-16% vs US
1 Bedroom
National avg: $959
$825/mo
↑ 8.0% YoY
-14% vs US
2 Bedroom
National avg: $1,175
$1,083/mo
↑ 8.1% YoY
-8% vs US
3 Bedroom
National avg: $1,525
$1,319/mo
↑ 3.7% YoY
-14% vs US
4 Bedroom
National avg: $1,756
$1,605/mo
↑ 0.1% YoY
-9% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $687 | $747 | +$60 (+8.7%) |
| 1 Bedroom | $764 | $825 | +$61 (+8.0%) |
| 2 Bedroom | $1,002 | $1,083 | +$81 (+8.1%) |
| 3 Bedroom | $1,272 | $1,319 | +$47 (+3.7%) |
| 4 Bedroom | $1,603 | $1,605 | +$2 (+0.1%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$33,000
$2,750/month gross
Required annual income for 2 BR
$43,320
$3,610/month gross
Other Counties in South Dakota
Marshall County
1 BR: $708/mo
Clark County
1 BR: $847/mo
Tripp County
1 BR: $708/mo
Buffalo County
1 BR: $918/mo
Edmunds County
1 BR: $708/mo
Bon Homme County
1 BR: $762/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.