Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Clay County Fair Market Rent FY 2014 Clay County, SD Rental Data

Fair Market Rent Prices in Clay County, SD :
$475 $506 $650 $958 $1,151
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Clay County are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Clay County is $650 per month.

The previous year, rent for a two-bedroom home was $641 per month. This is a 1.4% increase year-over-year.

This FMR rate applies to Burbank, SD, Gayville, SD, Wakonda, SD, Volin, SD, Irene, SD, Centerville, SD, Beresford, SD, Vermillion, SD and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46027N46027.

Additionally, This Fair Market Rent (FMR) area Clay County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Clay County, SD FMR area is 13,864 people based on latest Census data.

Compared to the rest of South Dakota, the Clay County FMR area is more expensive than 90% 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 Clay County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Clay 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 $ 494
1-BR 1-Bedroom $ 526
2-BR 2-Bedroom $ 676
3-BR 3-Bedroom $ 996
4-BR 4-Bedroom $ 1197
Change Year:

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

County / Region Est. Population
Clay County, SD 13,864
Zip Codes in Clay County, SD

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

57004, 57010, 57014, 57031, 57037, 57069, 57072 and 57073

Lookup Fair Market Rent by Zip Code
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