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Average Rent in Sioux Falls, SD

The typical rent in Sioux Falls, SD is $1,323/month (as of May 2026).

Average market rent

$1,323/mo

Zillow Observed Rent Index (ZORI) · May 2026

Median gross rent

$1,035/mo

US Census Bureau (ACS) · December 2024

Average rent by bedroom in Sioux Falls, SD

TypeAverage rent
Studio$883/mo
1 bedroom$890/mo
2 bedroom$1,060/mo
3 bedroom$1,330/mo
4 bedroom$1,816/mo
5+ bedroom$1,241/mo

Source: US Census Bureau (ACS) (December 2024).

Renting in Sioux Falls, SD?

List your rental on RealBid and let tenants bid openly — or browse listings and bid with confidence now that you know the market.

Frequently asked questions

What is the average rent in Sioux Falls, SD?

The average rent in Sioux Falls, SD is approximately $1,323 per month as of May 2026, based on Zillow Observed Rent Index (ZORI).

How much is a 2-bedroom in Sioux Falls, SD?

The average rent for a 2-bedroom in Sioux Falls, SD is about $1,060 per month (US Census Bureau (ACS)).

How much should I charge for rent in Sioux Falls, SD?

A competitive starting point is around $1,323 per month — the current average for Sioux Falls, SD (Zillow Observed Rent Index (ZORI)). Many landlords list at or just below this and let tenants bid the price up to what the market will actually pay on RealBid.

How often is this data updated?

The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.

Rent in nearby cities (SD)

Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.