Sioux Falls, SD HUD Metro FMR Area · FY2026 area median income $118,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $415 | $623 | $831 | $1,038 | $1,246 | $1,454 | $1,662 |
| 1BR | $445 | $667 | $890 | $1,113 | $1,335 | $1,558 | $1,781 |
| 2BR | $534 | $801 | $1,069 | $1,336 | $1,603 | $1,870 | $2,138 |
| 3BR | $617 | $925 | $1,234 | $1,543 | $1,851 | $2,160 | $2,469 |
| 4BR | $688 | $1,032 | $1,377 | $1,721 | $2,065 | $2,409 | $2,754 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $24,930 | $41,550 | $49,860 | $66,480 |
| 2 persons | $28,500 | $47,500 | $57,000 | $76,000 |
| 3 persons | $32,070 | $53,450 | $64,140 | $85,520 |
| 4 persons | $35,610 | $59,350 | $71,220 | $94,960 |
| 5 persons | $38,460 | $64,100 | $76,920 | $102,560 |
| 6 persons | $41,310 | $68,850 | $82,620 | $110,160 |
| 7 persons | $44,160 | $73,600 | $88,320 | $117,760 |
| 8 persons | $47,010 | $78,350 | $94,020 | $125,360 |
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 Minnehaha County to see the sources and uses, bond test, DSCR, and funding gap using these rents.