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RentData.org Logo Shannon County Fair Market Rent FY 2014 Shannon County, SD Rental Data

Fair Market Rent Prices in Shannon County, SD :
$434 $483 $594 $790 $817
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Shannon County are very low compared to the national average. This FMR area is less expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Shannon County is $594 per month.

The previous year, rent for a two-bedroom home was $614 per month. This is a 3.26% decrease year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is NCNTY46113N46113.

Additionally, This Fair Market Rent (FMR) area Shannon County, SD spans one county or city in South Dakota which is listed in the table below. Estimated population of Shannon County, SD FMR area is 13,586 people based on latest Census data.

Compared to the rest of South Dakota, the Shannon County FMR area is less expensive than 83% of the state.

South Dakota Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Shannon County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Shannon County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 434
1-BR 1-Bedroom $ 483
2-BR 2-Bedroom $ 594
3-BR 3-Bedroom $ 790
4-BR 4-Bedroom $ 817
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

There is just one county (listed below) within the Shannon County, SD FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers zero metro areas: .

County / Region Est. Population
Shannon County, SD 13,586
Zip Codes in Shannon County, SD

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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What's Next?

Here are some additional resources you may also be interested in:

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