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Rental Market Trends in Sioux Falls, SD

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The average rent in Sioux Falls, SD, as of January 2026, is approximately $1289 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

USA
Market summary

Data is based on rental rates on sulekha.com. Last updated in January  2026.

Average Rental Price Over Time

How much has the average rent changed in Sioux Falls, SD?

The average rent for all bedrooms and all property types is $1289,which is 0% increase compared to the previous year.

  • 2024
  • 2025

Occupied Housing Units in Sioux Falls, SD

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    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Sioux Falls, SD?

      The average rent in Sioux Falls, SD is around $1289 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Sioux Falls, SD.

    • How many rentals are available in Sioux Falls, SD?

      Currently, there are 16 rental properties available in Sioux Falls, SD. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Sioux Falls, SD, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Sioux Falls, SD?

      If you're looking for budget-friendly neighborhoods in Sioux Falls, SD, consider these options:

        These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

      • What are the most affordable neighborhoods in Sioux Falls, SD?

        The most expensive neighborhoods in Sioux Falls, SD are:

        • How much has the average rent changed in Sioux Falls, SD?

          Over the past year, the average rent in Sioux Falls, SD have increased by approximately 0%, which translates to $107 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

        • How much has the rent in Sioux Falls, SD increased or decreased in the last month?

          The Average rent price in Sioux Falls, SD for January 2026 is $1289, which is $83 less than in December.

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