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RentData.org Logo Potter County Fair Market Rent FY 2016 Potter County, SD Rental Data

Fair Market Rent Prices in Potter County, SD :
$434 $483 $644 $799 $883
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Potter County are very low compared to the national average. This FMR area is less expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Potter County is $644 per month.

The previous year, rent for a two-bedroom home was $640 per month. This is a 0.63% increase year-over-year.

This FMR rate applies to Lebanon, SD, Hoven, SD, Gettysburg, SD and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46107N46107.

Additionally, This Fair Market Rent (FMR) area Potter County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Potter County, SD FMR area is 2,329 people based on latest Census data.

Compared to the rest of South Dakota, the Potter County FMR area is less expensive than 99% of the state.

South Dakota Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Potter County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Potter County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 539
1-BR 1-Bedroom $ 600
2-BR 2-Bedroom $ 800
3-BR 3-Bedroom $ 993
4-BR 4-Bedroom $ 1097
Change Year:

There is just one county (listed below) within the Potter County, SD FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sioux Falls (Mitchell).

County / Region Est. Population
Potter County, SD 2,329
Zip Codes in Potter County, SD

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

57442, 57450 and 57455

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