What's the average rent in Sioux Falls, SD?
Rental Market Trends in Sioux Falls, SD
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SOURCE: TRULIA DATA
Rental market highlights
As of October 2026, the average rent in Sioux Falls, SD is $1,150 per month, which is 41% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,150
0.7%$8 increase month-over-month
0.3%$4 increase year-over-year
AVAILABLE RENTALS
558
APARTMENTS
HOUSES
TOWNHOUSES
As of October 2026, apartments are the most affordable rental option in Sioux Falls, SD at $963 per month, while townhomes are the most expensive at $1,800 per month. Houses average $1,700 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $835 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $2,100 |
| All | $1,150 |
As of October 2026, the average rent for a 1 bedroom rental in Sioux Falls, SD is $835 per month, followed by $1,100 for a 2 bedroom rental, $1,650 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,095 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $2,000 |
| All | $1,800 |
As of October 2026, the average rent for a 1 bedroom townhome in Sioux Falls, SD is $990 per month, followed by $1,095 for a 2 bedroom townhome, $2,000 for a 3 bedroom townhome, and $2,000 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $775 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $550 |
| All | $825 |
As of October 2026, the average rent for a 1 bedroom apartment in Sioux Falls, SD is $775 per month, followed by $900 for a 2 bedroom apartment, $1,650 for a 3 bedroom apartment, and $550 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $995 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $1,733 |
| 4 Bedrooms | $2,149 |
| All | $1,700 |
As of October 2026, the average rent for a 1 bedroom house in Sioux Falls, SD is $995 per month, followed by $1,450 for a 2 bedroom house, $1,733 for a 3 bedroom house, and $2,149 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +1% compared to the previous year, which is a +$7 increase.
This year (2026)
Last year (2025)
Rent distribution
48% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $100 to $5,000.