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

Rental Market Trends in Sioux Falls, SD

Search for Apartments in Sioux Falls, SD

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Sioux Falls, SD is $1,150 per month, which is 40% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,150

4.2%$46 increase month-over-month

4.4%$48 increase year-over-year

AVAILABLE RENTALS

502

APARTMENTS

$1,032

HOUSES

$1,756

TOWNHOUSES

$1,650

As of May 2026, apartments are the most affordable rental option in Sioux Falls, SD at $1,032 per month, while houses are the most expensive at $1,756 per month. Townhomes average $1,650 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,130
3 Bedrooms	$1,630
4 Bedrooms	$2,095
All	$1,194

As of May 2026, the average rent for a 1 bedroom rental in Sioux Falls, SD is $850 per month, followed by $1,130 for a 2 bedroom rental, $1,630 for a 3 bedroom rental, and $2,095 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,106
3 Bedrooms	$1,850
4 Bedrooms	$1,875
All	$1,750

As of May 2026, the average rent for a 2 bedroom townhome in Sioux Falls, SD is $1,106 per month, followed by $1,850 for a 3 bedroom townhome, and $1,875 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,067
3 Bedrooms	$1,495
4 Bedrooms	$1,475
All	$945

As of May 2026, the average rent for a 1 bedroom apartment in Sioux Falls, SD is $825 per month, followed by $1,067 for a 2 bedroom apartment, $1,495 for a 3 bedroom apartment, and $1,475 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$995
2 Bedrooms	$1,295
3 Bedrooms	$1,850
4 Bedrooms	$2,100
All	$1,825

As of May 2026, the average rent for a 1 bedroom house in Sioux Falls, SD is $995 per month, followed by $1,295 for a 2 bedroom house, $1,850 for a 3 bedroom house, and $2,100 for a 4 bedroom house.