Lake County, SD Fair Market Rent & Section 8 (FY2026)
Official HUD Fair Market Rent for Lake County (Lake County, SD), with the typical 90–110% Section 8 voucher payment-standard range.
| Unit size | Fair Market Rent | Voucher range (90–110%) |
|---|---|---|
| Studio | $669 | $602–$736 |
| 1 BR | $739 | $665–$813 |
| 2 BR | $970 | $873–$1,067 |
| 3 BR | $1,163 | $1,047–$1,279 |
| 4 BR | $1,627 | $1,464–$1,790 |
Source: HUD FY2026 Fair Market Rents. Voucher range = 90–110% of FMR (your PHA sets the exact standard).
Check a rent or ZIP
— or pick a county —
What this means
If you rent (or are renting out) a home in Lake County with a Housing Choice Voucher, the housing authority caps assistance at its payment standard — usually 90–110% of the Fair Market Rent above. A 2-bedroom payment standard here is roughly $873–$1,067/month. The tenant generally pays about 30% of adjusted income toward rent and utilities, and the voucher covers the rest up to the standard. The unit must also pass a housing-quality inspection and a rent-reasonableness check.
Frequently asked questions
- What is the Fair Market Rent in Lake County, SD for 2026?
- For FY2026, HUD's Fair Market Rent in Lake County (Lake County, SD) is $669 for a studio, $739 for 1 bedroom, $970 for 2 bedrooms, $1,163 for 3 bedrooms, and $1,627 for 4 bedrooms.
- How much will a Section 8 voucher cover in Lake County?
- Housing authorities set the payment standard between 90% and 110% of the Fair Market Rent. For a 2-bedroom in Lake County that range is about $873–$1,067 per month. Your local PHA sets the exact figure, and your share is generally about 30% of your adjusted monthly income.
- Is Fair Market Rent the same as the voucher amount?
- No. FMR is HUD's rent estimate for the area; the voucher payment standard is set by your local Public Housing Authority within 90–110% of FMR, and the rent must also pass a "rent reasonableness" review and a housing-quality inspection.