The Most Affordable Neighborhoods in Sioux City, IA by Home Value

These days, finding an affordable place to live in the Sioux City area can be challenging. Home prices in Sioux City are now at a median cost of $181,259, lower than the Iowa average of $226,062.

The average cost of rent is $1,071/mo in Sioux City, primarily driven by the current value of real estate in the Sioux City area. In Sioux City, 34.07% of households rent, and 44.38% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sioux City is $6,198 per month. Households that rent pay about 17.28% of their income on rent here. Sioux City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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