What's the average rent in Sioux Falls, SD?

Rental Market Trends in Sioux Falls, SD

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Sioux Falls, SD is $1,193 per month, which is 39% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,193
-0.1%
-$2 decrease month-over-month
8.3%
$92 increase year-over-year

AVAILABLE RENTALS

501

APARTMENTS

$1,010

HOUSES

$1,799

TOWNHOUSES

$1,662
As of July 2026, apartments are the most affordable rental option in Sioux Falls, SD at $1,010 per month, while houses are the most expensive at $1,799 per month. Townhomes average $1,662 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$849
2 Bedrooms$1,115
3 Bedrooms$1,600
4 Bedrooms$2,100
All$1,193
As of July 2026, the average rent for a 1 bedroom rental in Sioux Falls, SD is $849 per month, followed by $1,115 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +10% compared to the previous year, which is a +$113 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 $3,995.
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