Sioux Falls is the largest city in South Dakota that we track, with 201,469 residents. Rent is lower than in 68% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are short, about 17 minutes.
How much money do I need?
To rent here comfortably, you should earn about $52,560 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other South Dakota cities?
No. Rent here is more expensive than in most of South Dakota. It is number 13 of 19 cities from cheapest to most expensive.
Compare Sioux Falls with other big cities
Compare Sioux Falls to 149 other cities →
How much do households earn in Sioux Falls?
Share of households by yearly income. 26.1% of households earn $100,000 or more.
Rent by apartment size in Sioux Falls
| Size | Sioux Falls | U.S. average |
|---|---|---|
| Studio | $977 | $1,338 |
| 1 bedroom | $984 | $1,324 |
| 2 bedrooms | $1,172 | $1,509 |
| 3 bedrooms | $1,471 | $1,698 |
| 4 bedrooms | $2,008 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Sioux Falls overall?
Everyday prices in the Sioux Falls metro area are 9% below the U.S. average (index 90.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Sioux Falls
Life in Sioux Falls
What jobs pay in Sioux Falls
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $148,330 | 10.6% |
| Operations Manager | $142,730 | 11.0% |
| Physician Assistant | $135,790 | 11.6% |
| Nurse Practitioner | $130,390 | 12.1% |
| Lawyer | $112,260 | 14.0% |
| Software Developer | $101,040 | 15.6% |
| Civil Engineer | $99,700 | 15.8% |
| Computer Systems Analyst | $99,140 | 15.9% |
| Dental Hygienist | $92,350 | 17.1% |
| Accountant | $80,920 | 19.5% |
| Police Officer | $77,440 | 20.4% |
| Registered Nurse | $75,350 | 20.9% |
| Market Research Analyst | $66,060 | 23.9% |
| HVAC Technician | $62,440 | 25.3% |
| Electrician | $61,470 | 25.7% |
| Truck Driver | $60,820 | 25.9% |
| Plumber | $55,000 | 28.7% |
| Licensed Practical Nurse | $53,520 | 29.5% |
| Firefighter | $50,840 | 31.0% |
| Elementary School Teacher | $50,040 | 31.5% |
| Carpenter | $49,410 | 31.9% |
| Warehouse Worker | $44,420 | 35.5% |
| Customer Service Representative | $43,850 | 36.0% |
| Medical Assistant | $43,760 | 36.0% |
| Nursing Assistant | $39,190 | 40.2% |
| Restaurant Cook | $37,310 | 42.3% |
| Retail Salesperson | $34,600 | 45.6% |
| Cashier | $30,880 | 51.1% |
| Server (Waiter/Waitress) | $29,920 | 52.7% |
Is it cheaper to rent or buy in Sioux Falls?
Renting is cheaper right now: about $715 a month less.
Owning assumes a typical $292,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,240 for the down payment.
Frequently asked questions
What is the average rent in Sioux Falls, SD?
Renting in Sioux Falls costs a median of about $1,314 a month in 2026, including utilities. The South Dakota median is $1,271.
How much do I need to make to live in Sioux Falls?
To keep rent under 30% of income, you need about $52,560 a year, or $25 an hour at a full-time job.
Is Sioux Falls cheap or expensive?
Sioux Falls is rated Cheap: rent takes 19.2% of the typical household income of $81,934. It ranks 13th cheapest of 19 South Dakota cities we track.
How much are property taxes in Sioux Falls?
The median homeowner in Sioux Falls pays $3,389 a year in property taxes, about 1.16% of the median home value.
Is Sioux Falls more expensive than the national average?
Overall prices in the metro area are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Sioux Falls?
The median home value in Sioux Falls is $292,400, about 3.6 times the typical yearly household income.
201,469 people live in Sioux Falls. Numbers are typical (middle) values.