Rental market snapshot for Sioux Falls, South Dakota
Sioux Falls, South Dakota Rental Property Market Overview
Sioux Falls, South Dakota is a vibrant city with a population of 196,528 according to the US Census in 2021. It is the largest city in the state and offers a wide range of activities, attractions, and amenities. The city is home to a variety of cultural, educational, and recreational opportunities, including the Great Plains Zoo, the Washington Pavilion of Arts and Science, and the Falls Park. Sioux Falls is also known for its vibrant nightlife, with a variety of restaurants, bars, and clubs to explore. With its diverse population and wide range of activities, Sioux Falls is a great place to live and visit. (Source: US Census 2021)
The average rent for an apartment in Sioux Falls is $999. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 16.4% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Sioux Falls South Dakota | Cost of Living
- The most expensive ZIP code in Sioux Falls is 57104 with an average price of $1,161
- The cheapest ZIP code in Sioux Falls is 57104 with an average price of $695
Sioux Falls ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 57104 | $1,161 |
| 2 | 57108 | $1,106 |
| 3 | 57110 | $1,046 |
| 4 | 57106 | $1,020 |
| 5 | 57105 | $960 |
| 6 | 57103 | $850 |
Live near Sioux Falls, South Dakota's Top Sights and Attractions
Meldrum is a popular outdoor attraction located in Sioux Falls, South Dakota. It features a large, picturesque pond surrounded by lush greenery and tall trees. Visitors can enjoy a variety of activities such as fishing, canoeing, kayaking, and paddle boating. There are also plenty of picnic tables and benches to relax and take in the beautiful scenery. The area is also home to a variety of wildlife, including ducks, geese, and other birds.
Terrace is a scenic overlook located in Sioux Falls, South Dakota. It offers breathtaking views of the Big Sioux River and the city skyline. Visitors can take in the beauty of the river and the city from the terrace, which is located on the top of a hill. The terrace is a popular spot for visitors to take pictures and enjoy the view. It is also a great place to watch the sunset or sunrise.
Sherman is a large, bronze sculpture of a bull located in a park in Sioux Falls. The sculpture stands at over 11 feet tall and weighs over 4,000 pounds. It was created by local artist, Dale Lamphere, and was installed in the park in 2000. The sculpture is a popular spot for visitors to take pictures and admire the impressive size and detail of the artwork.
Falls Park is a stunning park located along the Big Sioux River. It features a stunning waterfall, which is the centerpiece of the park, as well as a variety of trails, gardens, and scenic overlooks. Visitors can take in the beauty of the falls from the observation tower, or take a leisurely stroll along the river. The park also features a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax, take in the beauty of nature, and enjoy some outdoor activities.
Terrace Park Japanese Gardens is a tranquil and serene oasis in the heart of the city. The gardens feature a variety of traditional Japanese elements, including a koi pond, a tea house, a pagoda, and a Zen garden. Visitors can take a leisurely stroll along winding paths, admire the colorful koi fish, and enjoy the peaceful atmosphere. The gardens also host a variety of events throughout the year, including traditional Japanese tea ceremonies and lantern festivals.
Yankton Trail is a scenic walking and biking trail that runs along the Big Sioux River in Sioux Falls, South Dakota. The trail is approximately 8 miles long and is lined with trees and native grasses, providing a peaceful and tranquil atmosphere. Along the trail, visitors can enjoy views of the river, wildlife, and the historic bridges that span the river. There are also several parks and playgrounds located along the trail, making it a great spot for families to explore.
Kuehn is a beautiful park located in Sioux Falls, South Dakota. It features a variety of activities such as walking trails, a playground, a fishing pond, and a disc golf course. The park also has a variety of wildlife, including deer, ducks, and geese. Kuehn is a great place to spend a day outdoors, with plenty of space to relax and enjoy the scenery.
Howard Wood is a large outdoor stadium located in Sioux Falls, South Dakota. It is home to the Sioux Falls Storm, a professional indoor football team, and is also used for high school football games. The stadium has a seating capacity of over 10,000 and features a large video board, concessions, and a press box. The stadium also hosts various other events such as concerts, festivals, and other sporting events.
Sertoma is an outdoor park located in Sioux Falls, South Dakota. It features a variety of activities and attractions, including a large playground, a walking trail, a disc golf course, a sand volleyball court, and a picnic area. The park also has a large pond with a fishing dock, and a butterfly garden. There are also several shelters and pavilions available for rent.
Dunham is a large outdoor sculpture park located in the heart of Sioux Falls. It features over 50 sculptures created by local and national artists, ranging from abstract to representational works. Visitors can explore the park on foot or by bike, and take in the unique artworks that adorn the grounds. The park also features a pond, walking trails, and picnic areas, making it a great spot for a leisurely stroll or a picnic lunch.
Sioux Falls, South Dakota area median rent change by ZIP code map
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How does Sioux Falls compare to other cities in South Dakota ?
| city | median price |
|---|---|
| Sioux Falls | $1,255 |
| Brandon | $741 |
| Sioux Falls | $1,150 |
| Aberdeen | $765 |
| Brandon | $600 |
Average household income in Sioux Falls area graph - US Census
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The median household income in Sioux Falls in 2021 was $66,761. This represents a 28.8% change from 2011 when the median was $51,831.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 4.9% |
| 1 | $10,000 to $14,999 | 3.4% |
| 2 | $15,000 to $19,999 | 3.4% |
| 3 | $20,000 to $24,999 | 4.6% |
| 4 | $25,000 to $29,999 | 4.2% |
| 5 | $30,000 to $34,999 | 6.5% |
| 6 | $35,000 to $39,999 | 4.1% |
| 7 | $40,000 to $44,999 | 4.7% |
| 8 | $45,000 to $49,999 | 4.0% |
| 9 | $50,000 to $59,999 | 8.8% |
| 10 | $60,000 to $74,999 | 10.3% |
| 11 | $75,000 to $99,999 | 14.8% |
| 12 | $100,000 to $124,999 | 10.3% |
| 13 | $125,000 to $149,999 | 5.4% |
| 14 | $150,000 to $199,999 | 5.9% |
| 15 | $200,000 or more | 4.9% |
