What's the average rent in Sioux Falls, SD?
Rental Market Trends in Sioux Falls, SD
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Sioux Falls, SD is $1,178 per month, which is 40% lower than the national average rent of $1,962 per month.
AVERAGE RENT
$1,178
-2.7%-$32 decrease month-over-month
2.4%$28 increase year-over-year
AVAILABLE RENTALS
517
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Sioux Falls, SD at $994 per month, while houses are the most expensive at $1,795 per month. Townhomes average $1,750 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 | $1,115 |
| 3 Bedrooms | $1,694 |
| 4 Bedrooms | $2,149 |
| All | $1,178 |
As of August 2026, the average rent for a 1 bedroom rental in Sioux Falls, SD is $850 per month, followed by $1,115 for a 2 bedroom rental, $1,694 for a 3 bedroom rental, and $2,149 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,199 |
| 2 Bedrooms | $1,095 |
| 3 Bedrooms | $1,995 |
| 4 Bedrooms | $2,067 |
| All | $1,750 |
As of August 2026, the average rent for a 1 bedroom townhome in Sioux Falls, SD is $1,199 per month, followed by $1,095 for a 2 bedroom townhome, $1,995 for a 3 bedroom townhome, and $2,067 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $775 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,575 |
| 4 Bedrooms | $550 |
| All | $850 |
As of August 2026, the average rent for a 1 bedroom apartment in Sioux Falls, SD is $775 per month, followed by $950 for a 2 bedroom apartment, $1,575 for a 3 bedroom apartment, and $550 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,095 |
| 2 Bedrooms | $1,395 |
| 3 Bedrooms | $1,795 |
| 4 Bedrooms | $2,199 |
| All | $1,795 |
As of August 2026, the average rent for a 1 bedroom house in Sioux Falls, SD is $1,095 per month, followed by $1,395 for a 2 bedroom house, $1,795 for a 3 bedroom house, and $2,199 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +8% compared to the previous year, which is a +$86 increase.
This year (2026)
Last year (2025)
Rent distribution
47% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $100 to $5,000.
