Logo Butte County Fair Market Rent FY 2014 Butte County, SD Rental Data

Fair Market Rent Prices in Butte County, SD :
$434 $486 $594 $875 $878
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 Butte County are very low compared to the national average. This FMR area is less expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Butte County is $594 per month.

The previous year, rent for a two-bedroom home was $614 per month. This is a 3.26% decrease year-over-year.

This FMR rate applies to Nisland, SD, Saint Onge, SD, Vale, SD, Newell, SD, Belle Fourche, SD, Spearfish, SD and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46019N46019.

Additionally, This Fair Market Rent (FMR) area Butte County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Butte County, SD FMR area is 10,110 people based on latest Census data.

Compared to the rest of South Dakota, the Butte County FMR area is more expensive than 53% 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 Butte County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Butte 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 $ 434
1-BR 1-Bedroom $ 486
2-BR 2-Bedroom $ 594
3-BR 3-Bedroom $ 875
4-BR 4-Bedroom $ 878
Change Year:

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

County / Region Est. Population
Butte County, SD 10,110
Zip Codes in Butte County, SD

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

57717, 57760, 57762, 57779, 57783 and 57788

Lookup Fair Market Rent by Zip Code