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RentData.org Logo Davison County Fair Market Rent FY 2017 Davison County, SD Rental Data

Fair Market Rent Prices in Davison County, SD :
$452 $507 $674 $870 $1,055
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 Davison County are low compared to the national average. This FMR area is less expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Davison County is $674 per month.

The previous year, rent for a two-bedroom home was $700 per month. This is a 3.71% decrease year-over-year.

This FMR rate applies to Dimock, SD, Ethan, SD, Mitchell, SD and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46035N46035.

Additionally, This Fair Market Rent (FMR) area Davison County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Davison County, SD FMR area is 19,504 people based on latest Census data.

Compared to the rest of South Dakota, the Davison County FMR area is more expensive than 61% 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 Davison County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Davison 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 $ 513
1-BR 1-Bedroom $ 575
2-BR 2-Bedroom $ 764
3-BR 3-Bedroom $ 986
4-BR 4-Bedroom $ 1195
Change Year:

There is just one county (listed below) within the Davison 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
Davison County, SD 19,504
Zip Codes in Davison County, SD

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

57301, 57331 and 57334

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