Location: Gregory County, SD | Metro: Gregory County, SD
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The ZIP code 57571 stands out due to its exceptionally low number of residents, totaling just 22 individuals. This makes it one of the smallest populated ZIP codes in the country. Despite its small size, 8.3% of the population rents their homes, indicating a slight demand for rental properties. However, the lack of available data on median income and median home value suggests that the area may not have a significant real estate market presence.
In terms of voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930. This figure is crucial for landlords and small-portfolio investors who accept Section 8 vouchers, as it determines the maximum rent allowed under the program. The absence of market rent data for ZIP 57571 means that the FMR could be a key benchmark for setting reasonable rental prices in this area.
The data signature for ZIP 57571 reads as transitional. With such a small resident base and limited economic data, it's challenging to establish long-term trends. Landlords and investors should approach this ZIP code with caution, considering the potential for fluctuation in both the housing and tenant markets. While the Section 8 program can provide a steady stream of tenants willing to pay up to $930 per month, the overall stability of the area remains uncertain.
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.