Average Rent in Sioux Falls, SD (2026)
The average 1-bedroom rent in Sioux Falls, SD is $960/month as of 2026, based on HUD data across 10 ZIP codes. Rents have changed +1.6% year over year. Rents range from $880 to $1,060.
Average Rent · 1-Bedroom
$960/mo
Source: HUD Fair Market Rent · 10 zip codes
Year-over-Year
↑ +1.6%
Source: Apartment List, Zillow ZORI, HUD Fair Market Rent
Data through
The average 1-bedroom rent in Sioux Falls, SD is $960/month according to HUD FY2026 Fair Market Rent data, covering 10 ZIP codes. Rents have increased 1.6% year-over-year. The average 1-bedroom rent in Sioux Falls is 20% below the national average of $1,196/month.
Average rent in Sioux Falls, SD ranges from $880 to $1,060 across 10 ZIP codes.
Based on local market data, a fair rent increase in Sioux Falls, SD is approximately 1.6% for 2026. An increase above 1.6% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.
How much is rent in Sioux Falls, SD?
The average 1-bedroom rent in Sioux Falls, SD is $960/month as of 2026, based on HUD data across 10 ZIP codes. Rents range from $880 to $1,060 depending on neighborhood — a $180/month spread. To afford this at the 30% rule, a household would need approximately $38,400/year.
Is rent going up in Sioux Falls?
Rents in Sioux Falls have increased 1.6% year over year based on local market data. This suggests a relatively stable rental market.
What is a fair rent increase in Sioux Falls?
Based on local market data, a rent increase around 1.6% is in line with the Sioux Falls market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
Rent Trends in Sioux Falls
+1.6%
Rents in Sioux Falls are rising at +1.6% year-over-year.
ℹ Limited data
Market sources range from -0.9% to +11.1%
Why the range? Zillow ZORI tracks what landlords are asking for units (+2.2%), while Apartment List tracks what renters actually sign leases at (-0.9%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Sioux Falls right now.
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent
What Should Rent Cost in Sioux Falls?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Sioux Falls typically rents for $840 – $908.
Rents above $1,044 are in the top 25% for this area.
A 1-bedroom in Sioux Falls typically rents for $960 – $1,037.
Rents above $1,193 are in the top 25% for this area.
A 2-bedroom in Sioux Falls typically rents for $1,123 – $1,214.
Rents above $1,396 are in the top 25% for this area.
A 3-bedroom in Sioux Falls typically rents for $1,539 – $1,665.
Rents above $1,915 are in the top 25% for this area.
A 4-bedroom in Sioux Falls typically rents for $1,883 – $2,037.
Rents above $2,343 are in the top 25% for this area.
Federal Rent Benchmarks for Sioux Falls
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$840
HUD Fair Market Rent
1-Bedroom
$960
HUD Fair Market Rent
2-Bedroom
$1,123
HUD Fair Market Rent
3-Bedroom
$1,539
HUD Fair Market Rent
4-Bedroom
$1,883
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Sioux Falls
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
SAFMR rates are zip-specific.
How Does Sioux Falls Compare?
Questions about rent in Sioux Falls
What is the average 1-bedroom rent in Sioux Falls, SD?
The average 1-bedroom fair market rent in Sioux Falls, SD is $960/month as of 2026, based on HUD rent data across 10 ZIP codes in the city. This is 20% below the national average of $1,196/month. Rents range from $880 to $1,060 depending on ZIP code.
What is a fair rent increase in Sioux Falls?
A rent increase up to about 1.6% is broadly in line with the recent market trend in Sioux Falls. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $960/month.
Are rents going up or down in Sioux Falls?
Rents in Sioux Falls have increased 1.6% year over year based on local market data. This reflects local market conditions across 10 ZIP codes in the Sioux Falls, SD HUD Metro FMR Area area.
How much do rents vary across Sioux Falls?
1-bedroom rents across Sioux Falls range from $880 to $1,060 on this page, a $180/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Sioux Falls?
We could not identify a city-specific rent cap for Sioux Falls. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Sioux Falls?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Sioux Falls at $960/month, a household would need approximately $38,400/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Sioux Falls ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
- How to Negotiate a Rent Increase →
A data-driven guide with free email templates for pushing back on your landlord.
- Rent Increase Laws in South Dakota →
See notice rules, caps, and tenant protections in South Dakota.
- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →