
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Sioux Falls area can be challenging. Home prices in Sioux Falls are now at a median cost of $327,024, higher than the South Dakota average of $268,202.
The average cost of rent is $1,135/mo in Sioux Falls, primarily driven by the current value of real estate in the Sioux Falls area. In Sioux Falls, 39.74% of households rent, and 34.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sioux Falls is $7,346 per month. Households that rent pay about 15.45% of their income on rent here. Sioux Falls’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pine Lakes Addition, SD: higher priced homes
- Harrisburg, SD: equally priced homes
- Tea, SD: higher priced homes
- Buffalo Ridge, SD: higher priced homes
- Renner Corner, SD: equally priced homes
- Brandon, SD: higher priced homes
- Renner, SD: equally priced homes
- Crooks, SD: equally priced homes
- Rowena, SD: equally priced homes
- Corson, SD: equally priced homes
Cities with Similar Populations
- Simpsonville, SC: equally priced homes
- Shawnee, KS: higher priced homes
- San Mateo, CA: higher priced homes
- Santa Clara, CA: higher priced homes
- San Diego, CA: higher priced homes
- Santa Barbara, CA: higher priced homes
- Saginaw, MI: less expensive homes
- Roswell, GA: higher priced homes
- Sandy Springs, GA: higher priced homes
- Sandy, UT: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood