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    Average Rent in Lake Norden, SD (2026)

    The average 1-bedroom rent in Lake Norden, SD is $900/month as of 2026, based on HUD data across 1 ZIP codes. Rents have changed +3.4% year over year. Rents range from $900 to $900.

    Average Rent · 1-Bedroom

    $900/mo

    Source: HUD Fair Market Rent · 1 zip codes

    Year-over-Year

    ↑ +3.4%

    Source: HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Lake Norden, SD is $900/month according to HUD FY2026 Fair Market Rent data, covering 1 ZIP codes. Rents have increased 3.4% year-over-year. The average 1-bedroom rent in Lake Norden is 25% below the national average of $1,196/month.

    Average rent in Lake Norden, SD ranges from $900 to $900 across 1 ZIP codes.

    Based on HUD Fair Market Rent, a fair rent increase in Lake Norden, SD is approximately 3.4% for 2026. An increase above 3.4% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $900/mo
    Year-over-year change: +3.4%
    Coverage: 1 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 25% below ($1,196/mo)

    Sources: HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated October 2025.

    Market trend data is limited for this area. The analysis below uses federal rent benchmarks.

    How much is rent in Lake Norden, SD?

    The average 1-bedroom rent in Lake Norden, SD is $900/month as of 2026, based on HUD data across 1 ZIP codes. Rents across Lake Norden are relatively uniform, clustering around $900/month. To afford this at the 30% rule, a household would need approximately $36,000/year.

    Is rent going up in Lake Norden?

    Rents in Lake Norden have increased 3.4% year over year based on HUD Fair Market Rent. This suggests a relatively stable rental market.

    What is a fair rent increase in Lake Norden?

    Based on HUD Fair Market Rent, a rent increase around 3.4% is in line with the Lake Norden market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    What Should Rent Cost in Lake Norden?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$810 – $931

    A studio in Lake Norden typically rents for $810 – $931.

    Rents above $1,071 are in the top 25% for this area.

    1-Bedroom$900 – $972

    A 1-bedroom in Lake Norden typically rents for $900 – $972.

    Rents above $1,118 are in the top 25% for this area.

    2-Bedroom$1,180 – $1,357

    A 2-bedroom in Lake Norden typically rents for $1,180 – $1,357.

    Rents above $1,561 are in the top 25% for this area.

    3-Bedroom$1,550 – $1,782

    A 3-bedroom in Lake Norden typically rents for $1,550 – $1,782.

    Rents above $2,049 are in the top 25% for this area.

    4-Bedroom$1,570 – $1,805

    A 4-bedroom in Lake Norden typically rents for $1,570 – $1,805.

    Rents above $2,076 are in the top 25% for this area.

    Federal Rent Benchmarks for Lake Norden

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $810

    HUD Fair Market Rent

    1-Bedroom

    $900

    HUD Fair Market Rent

    2-Bedroom

    $1,180

    HUD Fair Market Rent

    3-Bedroom

    $1,550

    HUD Fair Market Rent

    4-Bedroom

    $1,570

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Lake Norden

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    HUD publishes a single Fair Market Rent for the entire Kingsbury County, SD metro area. For zip-level variation, the tool uses additional data sources including real-time comparable listings and local market indices.

    All zip codes in Lake Norden share the same county-level HUD Fair Market Rent ($900 for 1-BR). Click any zip for SAFMR-specific rates.

    County-level FMR shown in city summary above.

    How Does Lake Norden Compare?

    Questions about rent in Lake Norden

    What is the average 1-bedroom rent in Lake Norden, SD?

    The average 1-bedroom fair market rent in Lake Norden, SD is $900/month as of 2026, based on HUD rent data across 1 ZIP codes in the city. This is 25% below the national average of $1,196/month. Rents range from $900 to $900 depending on ZIP code.

    What is a fair rent increase in Lake Norden?

    A rent increase up to about 3.4% is broadly in line with the recent market trend in Lake Norden. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $900/month.

    Are rents going up or down in Lake Norden?

    Rents in Lake Norden have increased 3.4% year over year based on HUD Fair Market Rent. This reflects local market conditions across 1 ZIP codes in the Kingsbury County, SD area.

    How much do rents vary across Lake Norden?

    1-bedroom rents across Lake Norden range from $900 to $900 on this page, a $0/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Lake Norden?

    We could not identify a city-specific rent cap for Lake Norden. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Lake Norden?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Lake Norden at $900/month, a household would need approximately $36,000/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →