Location: Campbell County, SD | Metro: Campbell County, SD
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
U.S. Census Bureau data (2024)
The ZIP code 57632, located in Campbell County, South Dakota, serves as a 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 $940, while the market rent stands at $746. This indicates a significant spread where landlords can potentially benefit from higher rents subsidized by the government, thus enhancing cash flow.
The median home value in 57632 is $241,921, which provides a stable investment base. Although there is no specific data on price-cut shares or days on market (DOM), the focus on cash flow anchors aligns well with the current market conditions in this ZIP code. Given the 28.4% renter share and a median income of $81,719, there is a consistent demand for rental properties, making 57632 a reliable choice for generating steady rental income.
A cash-flow anchor is crucial for any real estate portfolio, especially when dealing with government programs like Section 8. It ensures that landlords receive a predictable and stable income stream, mitigating the risks associated with volatile markets. In 57632, the difference between the FMR and market rent means that landlords can leverage the subsidy to maintain profitability even if market conditions fluctuate.
This ZIP code does not present itself as an immediate appreciation play due to the lack of specific data on price-cut shares and DOM. However, the steady demand for rentals and the potential for higher subsidized rents makes it an excellent choice for those looking to secure a solid cash flow foundation within their investment portfolio.
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.