Location: Brown County, SD | Metro: Brown County, SD
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
ZIP code 57441, located within the Brown County, SD metro, has a Family Monthly Rent (FMR) of $930 for fiscal year 2026. This figure represents the maximum amount that HUD will pay for rental assistance under the Section 8 program in this area. In comparison, the actual market rent in ZIP 57441 stands at $683, which is notably lower than the FMR. This suggests that landlords in this ZIP code could potentially benefit from the difference between the FMR and the market rent, making it an attractive location for those participating in the Section 8 program.
The renter share in ZIP 57441 is 12.1%, indicating that a significant portion of residents rely on rental housing. However, the lack of data on home values prevents a direct comparison to other ZIP codes within Brown County, SD. Typically, a higher renter share combined with below-market rents can signal a potential value pocket for landlords who are willing to accept Section 8 vouchers. This scenario allows them to tap into a government-supported income stream while possibly renting out properties at rates above the local market average but still below the FMR threshold.
Given the specifics of ZIP 57441, it appears to be a value pocket within the Brown County, SD metro. The discrepancy between the FMR and the market rent provides a financial incentive for landlords, especially those interested in the Section 8 program. Additionally, the 12.1% renter share suggests a steady demand for rental properties, further supporting the attractiveness of this ZIP code for landlords and small-portfolio investors looking to secure reliable tenants through the Section 8 program.
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.