Clay County, SD · FY2026 area median income $105,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $368 | $552 | $736 | $920 | $1,104 | $1,288 | $1,472 |
| 1BR | $394 | $591 | $788 | $985 | $1,182 | $1,379 | $1,577 |
| 2BR | $473 | $709 | $946 | $1,182 | $1,419 | $1,655 | $1,892 |
| 3BR | $546 | $820 | $1,093 | $1,366 | $1,640 | $1,913 | $2,187 |
| 4BR | $610 | $915 | $1,220 | $1,525 | $1,830 | $2,135 | $2,440 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $22,080 | $36,800 | $44,160 | $58,880 |
| 2 persons | $25,230 | $42,050 | $50,460 | $67,280 |
| 3 persons | $28,380 | $47,300 | $56,760 | $75,680 |
| 4 persons | $31,530 | $52,550 | $63,060 | $84,080 |
| 5 persons | $34,080 | $56,800 | $68,160 | $90,880 |
| 6 persons | $36,600 | $61,000 | $73,200 | $97,600 |
| 7 persons | $39,120 | $65,200 | $78,240 | $104,320 |
| 8 persons | $41,640 | $69,400 | $83,280 | $111,040 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Clay County to see the sources and uses, bond test, DSCR, and funding gap using these rents.