Lake County, SD
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $669/mo | $602 – $736/mo |
| 1 BR | $739/mo | $665 – $813/mo |
| 2 BR | $970/mo | $873 – $1,067/mo |
| 3 BR | $1,163/mo | $1,047 – $1,279/mo |
| 4 BR | $1,627/mo | $1,464 – $1,790/mo |
Fair Market Rent by unit size — Lake County, SD (FY 2026)
Source: HUD FY 2026 data for Lake County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authority serving Lake County
- Madison Housing and Redevelopment Commission
111 S Washington Ave, Madison, SD, 57042 · 6052562112
Estimate your voucher payment
Enter a Lake County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →