Location: Roberts County, SD | Metro: Roberts County, SD
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
ZIP code 57257, located in Roberts County, SD, serves as an ideal cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930, significantly higher than the current market rent of $557. This creates a substantial spread of $373, ensuring that landlords can secure a reliable income stream even when the local rental market is slow.
The lack of data on median home values and price-cut shares does not detract from the strong case for using this ZIP as a cash-flow anchor. Instead, it highlights the stability of the rental market over the speculative nature of the housing market. With a median income of $55,625, tenants in ZIP 57257 have the financial capacity to meet their rental obligations without significant strain, reducing the risk of default.
A cash-flow anchor is crucial for any investment portfolio, providing consistent and predictable returns. In ZIP 57257, the high FMR compared to the actual market rent means that landlords can count on receiving a steady flow of rental payments, which can be used to cover mortgage expenses, property maintenance, and other operational costs. This reliability is particularly important in areas where appreciation plays and diversifiers might offer less certainty due to limited data.
Furthermore, the 36.5% renter share indicates a robust demand for rental properties, ensuring that vacancies will be minimal. This high demand, combined with the guaranteed rental rates through Section 8, makes ZIP 57257 a safe bet for those looking to stabilize their investment portfolio and ensure long-term financial security.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.