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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,199 |
| 2 Bedrooms | $1,295 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $2,300 |
| All | $1,662 |
As of July 2026, the average rent for a 1 bedroom townhome in Sioux Falls, SD is $1,199 per month, followed by $1,295 for a 2 bedroom townhome, $1,950 for a 3 bedroom townhome, and $2,300 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $2,800 |
| All | $895 |
As of July 2026, the average rent for a 1 bedroom apartment in Sioux Falls, SD is $800 per month, followed by $1,000 for a 2 bedroom apartment, $1,500 for a 3 bedroom apartment, and $2,800 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $689 |
| 2 Bedrooms | $1,295 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $2,100 |
| All | $1,799 |
As of July 2026, the average rent for a 1 bedroom house in Sioux Falls, SD is $689 per month, followed by $1,295 for a 2 bedroom house, $1,600 for a 3 bedroom house, and $2,100 for a 4 bedroom house.
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.