Ray County, SD Fair Market Rent
2026 HUD Fair Market Rents for Ray County, SD. Population: 19,606. Median household income: $39,613/year.
Fair Market Rent by Bedroom Size
Studio$527/mo
1 Bedroom$659/mo
2 Bedroom$788/mo
3 Bedroom$974/mo
4 Bedroom$1,211/mo
Rent Affordability Analysis
Median Income
$39,613/yr
Affordable Rent (30% Rule)
$990/mo
Rent Burden
23.9%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $527 | $6,324 | $21,080/yr |
| 1 Bedroom | $659 | $7,908 | $26,360/yr |
| 2 Bedroom | $788 | $9,456 | $31,520/yr |
| 3 Bedroom | $974 | $11,688 | $38,960/yr |
| 4 Bedroom | $1,211 | $14,532 | $48,440/yr |
Frequently Asked Questions
What is the fair market rent in Ray County, SD?
The 2026 HUD Fair Market Rent for a 2-bedroom in Ray County is $788/month. Studio: $527, 1BR: $659, 3BR: $974, 4BR: $1,211.
What is the rent burden in Ray County?
Rent burden in Ray County is 23.9% of median household income ($39,613/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Ray County?
To afford a 2-bedroom at $788/month using the 30% rule, you need an annual income of at least $31,520.
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