Sioux Falls, SD rental market

What is the average rent in Sioux Falls, SD?

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Last updated January 4, 2026

Rental market summary

The average rent for all bedrooms and all property types in Sioux Falls, SD is $1,150.

Average rent

$1,150

Month-over-month change

+$18

Year-over-year change

-$26

Available rentals

559

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $100 to $4,995.

Rent frequencies
Rent priceNumber of rental properties
$015
$5006
$60028
$70072
$80078
$90054
$1,00041
$1,10038
$1,20035
$1,30033
$1,40028
$1,50039
$1,60038
$1,70015
$1,80026
$1,90028
$2,00015
$2,10012
$2,2009
$2,3004
$2,4006
$2,50010
$2,6002
$2,8004
$2,9007
$3,0003
$3,1002
$3,2003
$3,3002
$3,4006
$3,5003
$3,8001
$3,9004
$4,0001
$4,900+1

Average rent price over time

In the last year, rent has decreased by $26 compared to the previous year.

Average rent price over time
Last year (2025)This year (2026)
Jan$1,160$1,134
Feb$1,107No data
Mar$1,114No data
Apr$1,115No data
May$1,100No data
Jun$1,085No data
Jul$1,100No data
Aug$1,104No data
Sep$1,130No data
Oct$1,145No data
Nov$1,100No data
Dec$1,098No data

Market temperature

The Sioux Falls, SD rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Sioux Falls, SD is 42% lower than the national average.

Sioux Falls, SDvs.

$1,150

$1,995

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Frequently asked questions

1. What is the average rent in Sioux Falls, SD?

The average rent in Sioux Falls, SD is $1,150.

2. What is the average rent for a studio apartment in Sioux Falls, SD?

The average rent for a studio apartment in Sioux Falls, SD is $863 per month.

3. What is the average rent for a one-bedroom apartment in Sioux Falls, SD?

The average rent for a one-bedroom apartment in Sioux Falls, SD is $845 per month.

4. What is the average rent for a two-bedroom apartment in Sioux Falls, SD?

The average rent for a two-bedroom apartment in Sioux Falls, SD is $1,035 per month.

5. What is the average rent for a three-bedroom apartment in Sioux Falls, SD?

The average rent for a three-bedroom apartment in Sioux Falls, SD is $1,600 per month.

6. What is the average rent for a four-bedroom apartment in Sioux Falls, SD?

The average rent for a four-bedroom apartment in Sioux Falls, SD is $2,700 per month.

7. How much does it cost to rent a house in Sioux Falls, SD?

Houses in Sioux Falls, SD rent between $100 - $4,995 with an average rent of $1,150.

8. How has the rent in Sioux Falls, SD changed in the last year?

In the last year, the rent in Sioux Falls, SD decreased by $26

9. How much has the rent in Sioux Falls, SD increased/decreased in the last month?

In the last month, the rent in Sioux Falls, SD increased by $18

10. How many available rentals are there in Sioux Falls, SD?

There are currently 559 rentals available in Sioux Falls, SD.

11. How do rent prices in Sioux Falls, SD compare with the national average?

The average rent in Sioux Falls, SD is $1,150 — 42.36% lower the national average of $1,995.