Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Sioux Falls are
very low
compared to the national average.
This FMR area is less expensive
than
100%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Sioux Falls is $874 per month.
The previous year, rent for a two-bedroom home was $839 per month.
This is a 4.17% increase year-over-year.
This FMR rate applies to Monroe, SD, Davis, SD, Fairview, SD, Lyons, SD, Hudson, SD, Chancellor, SD, Hurley, SD, Canistota, SD, Renner, SD, Viborg, SD and other cities within the region.
The Metro Code or CBSA code for this region is METRO43620M43620.
Additionally, This Fair Market Rent (FMR) area Sioux Falls, SD MSA spans four counties or cities in which ares listed in the table below.
Estimated population of Sioux Falls, SD MSA FMR area is 250,560 people based on latest Census data.