Rent in Pennington County, SD at a glance
2-bedroom rent (HUD)
$1,336$16,032 a year · HUD fiscal year 2026From October 1, 2026: $1,430 (+7%)How much rent can you afford in Pennington County, SD?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Pennington County, SD by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $921 | $11,052 | $36,840 | $17.71/hr |
| 1 bedroom | $1,018 | $12,216 | $40,720 | $19.58/hr |
| 2 bedroomsMost searched | $1,336 | $16,032 | $53,440 | $25.69/hr |
| 3 bedrooms | $1,743 | $20,916 | $69,720 | $33.52/hr |
| 4 bedrooms | $2,178 | $26,136 | $87,120 | $41.88/hr |
Cost of living in Pennington County, SD: income, prices and a budget →
Living and working in Pennington County, SD
Rent in Pennington County, SD: common questions
How much is rent going up in Pennington County, SD in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,430 for a two-bedroom, up 7% from $1,336. A one-bedroom goes from $1,018 to $1,093, a studio from $921 to $996.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Pennington County, SD?
HUD's Fair Market Rent for 2026 is $1,018 for a one-bedroom and $1,336 for a two-bedroom, utilities included. That is $16,032 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Pennington County, SD?
To keep a $1,336 two-bedroom at 30% of gross pay, one full-time worker needs $25.69 an hour, or $53,440 a year. A one-bedroom at $1,018 takes $19.58 an hour.
How much is a 1, 2 or 3-bedroom apartment in Pennington County, SD?
At HUD's 2026 Fair Market Rent: studio $921, one bedroom $1,018, two $1,336, three $1,743 and four $2,178 a month.
Is rent affordable in Pennington County, SD?
For the typical household, earning $74,517 a year ($6,210 a month, Census ACS), a two-bedroom at $1,336 takes 21.5% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,336 × 12) ÷ 0.30 = $53,440. Divided by 2,080 working hours, that is $25.69 an hour.