Fair Market Rent - Faulk County, SD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $627 |
| 1 Bedroom | $704 |
| 2 Bedroom | $925 |
| 3 Bedroom | $1,225 |
| 4 Bedroom | $1,486 |
Income Limits - Faulk County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,350
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,350
- Low (80%)
- $66,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,700
- Low (80%)
- $71,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,000
- Low (80%)
- $76,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,300
- Low (80%)
- $82,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,600
- Low (80%)
- $87,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $28,950 | $46,350 |
| 2 Persons | $19,850 | $33,100 | $52,950 |
| 3 Persons | $22,350 | $37,250 | $59,550 |
| 4 Persons | $26,500 | $41,350 | $66,150 |
| 5 Persons | $31,040 | $44,700 | $71,450 |
| 6 Persons | $35,580 | $48,000 | $76,750 |
| 7 Persons | $40,120 | $51,300 | $82,050 |
| 8 Persons | $44,660 | $54,600 | $87,350 |
All Cities in Faulk County
Frequently Asked Questions About Housing in Faulk County, SD
What cities in Faulk County have affordable housing?+
Faulk County has affordable housing in 1 cities. The top cities include Faulkton. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Faulk County, South Dakota?+
The HUD Fair Market Rent (FMR) for Faulk County, South Dakota is: Studio: $627, 1BR: $704, 2BR: $925, 3BR: $1225, 4BR: $1486. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Faulk County, South Dakota?+
For a 4-person household in Faulk County, South Dakota: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,350, Low Income (80% AMI): $66,150. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Faulk County, South Dakota?+
To apply for affordable housing in Faulk County, South Dakota: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
How large is the population of Faulk County?+
Faulk County has an estimated population of 1,347 across 1 cities. With 0 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.