Rent in Lake County, SD
The Fair Market Rent (FMR) for a two-bedroom home in Lake County, SD is $970/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Lake County, SD has an FMR of $970/month (FY2026). That is 0% below the national median of $974. Lake County, SD ranks #1,634 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Lake County, SD
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $669 |
| 1 bedroom | $739 |
| 2 bedrooms | $970 |
| 3 bedrooms | $1,163 |
| 4 bedrooms | $1,627 |
Nearby on the rent ranking
- Jefferson County, IN$971/mo
- Sioux County, IA$971/mo
- Chilton County, AL HUD Metro FMR Area$970/mo
- Ford County, KS$969/mo
- Massac County, IL HUD Metro FMR Area$969/mo
- Stone County, MS HUD Metro FMR Area$969/mo
Frequently asked questions
- How much is rent in Lake County, SD?
- The Fair Market Rent (FMR) for a two-bedroom unit in Lake County, SD is $970 per month for HUD fiscal year 2026. A one-bedroom is $739 and a three-bedroom is $1,163 per month.
- What is the studio and one-bedroom Fair Market Rent in Lake County, SD?
- For FY2026, HUD's efficiency/studio FMR in Lake County, SD is $669 per month and the one-bedroom FMR is $739 per month.
- How is the Fair Market Rent for Lake County, SD calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Lake County, SD?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Lake County, SD. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Lake County, SD compare nationally?
- Lake County, SD ranks #1,634 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.