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RentData.org Logo Bennett County Fair Market Rent FY 2018 Bennett County, SD Rental Data

Fair Market Rent Prices in Bennett County, SD :
$441 $575 $660 $896 $899
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 Bennett County are very low compared to the national average. This FMR area is less expensive than 84% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bennett County is $660 per month.

The previous year, rent for a two-bedroom home was $645 per month. This is a 2.33% increase year-over-year.

This FMR rate applies to Norris, SD, Tuthill, SD, Allen, SD, Batesland, SD, Parmelee, SD, Martin, SD and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46007N46007.

Additionally, This Fair Market Rent (FMR) area Bennett County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Bennett County, SD FMR area is 3,431 people based on 2010 Census data.

Compared to the rest of South Dakota, the Bennett County FMR area is less expensive than 51% of the state.

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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 Bennett County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bennett 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 $ 441
1-BR 1-Bedroom $ 575
2-BR 2-Bedroom $ 660
3-BR 3-Bedroom $ 896
4-BR 4-Bedroom $ 899
Change Year:

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

County / Region Est. Population
Bennett County, SD 3,431
Zip Codes in Bennett County, SD

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

57551, 57560, 57566, 57574, 57714 and 57716

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