2,085

Luxury Homes for Rent in Sioux Falls, SD

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  • /49

    Starting at $1,132 Per Month

    • Studio - 3 Beds

    310 N Reid Place, Sioux Falls, SD 57103

    The Dakota in Downtown Sioux Falls combines both timeless charm and modern amenities under one roof. Passionately designed and decorated, The Dakota’s luxury finishes and sustainable material choices make it perfect for the most discerning renter. Unit sizes range from studios to incredible 3 bedrooms with multiple personal patio spaces and unbelievable river and urban views.

    The Dakota Flats at Cherapa Place

    310 N Reid Place, Sioux Falls, SD 57103
  • /20

    $5,000 Per Month

    • 5 Beds
    • 3 Baths
    • 3,218 Sq Ft
    • House for Rent

    313 N Red Spruce Ave, Sioux Falls, SD 57110

    Welcome to one of Sioux Falls' most remarkable luxury rental homes. Offering over 3,200 square feet of thoughtfully designed living space, this 5-bedroom, 3-bathroom residence combines sophisticated design, cutting-edge technology, and everyday comfort in a way few homes can.Inside the front door you are welcomed to an open-concept floor plan with soaring ceilings, a stunning fireplace, and

    313 N Red Spruce Ave, Sioux Falls, SD 57110
  • /15

    $3,995 Per Month

    • 5 Beds
    • 2 Baths
    • 2,172 Sq Ft
    • House for Rent

    1404 S Main Ave, Sioux Falls, SD 57105

    FULLY FURNISHED w/UTILITIES, WIFI, & OFF STREET PARKING INCLUDED: AGENTS! Are your clients in transition and looking for a temporary place to call home? This welcoming McKennan Park Tudor isan entire 5/2 home fully furnished, turn-key option for whatever length of time you need. Great for families, healthcare professionals, higher education students & professors, contractors, and business

    1404 S Main Ave, Sioux Falls, SD 57105
  • /31

    $3,850 Per Month

    • 2 Beds
    • 4 Baths
    • 2,484 Sq Ft
    • Townhouse for Rent

    2803 S Terry Ave, Sioux Falls, SD 57106

    Luxury Townhomes with amazing amenities: 2 bedrooms, 1 non-legal bedroom or office, 4 baths. These homes are built with an impressive list of luxurious high-end features, open floor plans, interiors of all homes completely customizable, elevator ready, wired for smart home, audio & security, oversized Anderson 400 Series windows with Smart-Sun glass, large outside patios, LED lighting throughout

    Rebecca Ohayon Coldwell Banker Empire Realty

    2803 S Terry Ave, Sioux Falls, SD 57106
  • /53

    $3,595 Per Month

    • 4 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • House for Rent

    1400 S Main Ave, Sioux Falls, SD 57105

    FULLY FURNISHED w/UTILITIES, WIFI, & OFF STREET PARKING INCLUDED: FULLY FURNISHED w/UTILITIES, WIFI, & OFF STREET PARKING INCLUDED: AGENTS! Are your clients in transition and looking for a temporary place to call home? This welcoming McKennan Park Tudor isan entire 4/2 home fully furnished, turn-key option for whatever length of time you need. Great for families, healthcare professionals, higher

    1400 S Main Ave, Sioux Falls, SD 57105
  • /27

    $3,299 Per Month

    • 5 Beds
    • 3 Baths
    • 2,751 Sq Ft
    • Condo for Rent

    809 S Outlook Dr Unit Outlook House, Sioux Falls, SD 57106

    Welcome to this spacious 5-bedroom, 3-bathroom apartment located in Sioux Falls, SD. This house features a cozy fireplace in the family room, perfect for relaxing on chilly evenings. The large three-stall garage provides ample space for parking and storage. With two gas water heaters, you'll never have to worry about running out of hot water. Don't miss out on the opportunity to make this house

    809 S Outlook Dr Unit Outlook House, Sioux Falls, SD 57106
  • /53

    Starting at $1,700 Per Month

    • 1 - 2 Beds

    440 E 8th St, Sioux Falls, SD 57103

    Our state’s first modern mass timber building, Railyard Flats offers the perfect blend of downtown living, elegant design, and sustainable consciousness. Located on the eastbank of downtown, Railyard offers all the conveniences of an urban lifestyle combined with lovely outdoor spaces to enjoy a bit of nature. Units range from studios to incredible 3-bedroom flats.

    Railyard Flats

    440 E 8th St, Sioux Falls, SD 57103
  • /39

    Starting at $1,295 Per Month

    • Studio - 2 Beds

    155 E 4th Place, Sioux Falls, SD 57103

    Get ready to elevate the way you live at The District Lofts. Our one-of-a-kind downtown lofts bring together comfort, style, and convenience. With options ranging from sleek studios to spacious two-bedroom lofts, you'll find a space that matches your lifestyle. Oversized windows flood your home with natural light and connect you to panoramic views of downtown, The Steel District, Falls Park and

    The District Lofts

    155 E 4th Place, Sioux Falls, SD 57103
  • /48

    Starting at $1,082 Per Month

    • Studio - 2 Beds

    350 S Reid St, Sioux Falls, SD 57103

    The Clark is a six-story mass timber loft and retail structure on 6th street and Reid Place. A modern vibe combined with the timeless and sustainable qualities of the timber structure will create a community like no other. Unit sizes range from studios to 2 bedrooms + dens with stunning river and courtyard views.

    The Clark Lofts at Cherapa Place

    350 S Reid St, Sioux Falls, SD 57103
  • /35

    Starting at $995 Per Month

    • Studio - 2 Beds

    701 N Phillips Ave, Sioux Falls, SD 57104

    The Cascade is a luxury living destination in downtown Sioux Falls. The Cascade boasts 197 lofts, including two-level, townhome-style lofts, accessible commercial space for dining and shopping, and amenities like a courtyard and fitness center. Our community is a short walk from Falls Park and The Steel District, near biking and jogging trails, and across from the Levitt outdoor music venue.

    The Cascade at The Steel District

    701 N Phillips Ave, Sioux Falls, SD 57104
  • /27

    $2,695 Per Month

    • 3 Beds
    • 3 Baths
    • 1,630 Sq Ft
    • House for Rent

    5900 W 28th St, Sioux Falls, SD 57106

    Spacious and well maintained west side home located in a quiet, established neighborhood near parks, schools, shopping, dining! This inviting home offers generous living space with large windows, comfortable bedrooms, and a great functional layout. Main level features a bright living area, updated kitchen and dining area perfect for everyday living and entertainment. Upstairs includes all 3

    5900 W 28th St, Sioux Falls, SD 57106
  • /32

    $2,695 Per Month

    • 4 Beds
    • 3 Baths
    • 2,311 Sq Ft
    • Townhouse for Rent

    5548 W Colonial Ct, Sioux Falls, SD 57107

    Call today to schedule a tour of this stunning west side twin home at 5548 W. Colonial Ct. in Sioux Falls!Located conveniently off of Marion Rd. near Jefferson High School, this two story twinhome boasts over 2,300 sq ft of living space along with an attached 3 car garage! The master suite is located on the main level and includes a tiled walk-in shower, dual sinks, and large walk-in

    5548 W Colonial Ct, Sioux Falls, SD 57107
  • /59

    $2,600 Per Month

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • House for Rent

    26118 467th Ave, Sioux Falls, SD 57107

    The Experience is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents.Check out this beautiful 4-bedroom, 2-bath acreage located just south of Hwy 38 near Hartford! Sitting on 1.5 acres, this property offers stunning, wide-open views that are truly breathtaking.

    26118 467th Ave, Sioux Falls, SD 57107
  • /36

    Starting at $1,249 Per Month

    • 1 - 3 Beds

    7900 E Sd Highway 42, Sioux Falls, SD 57110

    The Bluffs at Willow Run offers an elevated lifestyle surrounded by the natural beauty of east Sioux Falls. Nestled among rolling hills, a winding stream, and the Willow Run Golf Course, our upscale apartment community combines scenic surroundings with exceptional convenience. Enjoy access to an 18-hole golf course, an indoor swimming pool and hot tub, heated underground parking, The Willows

    The Bluffs at Willow Run

    7900 E Sd Highway 42, Sioux Falls, SD 57110
  • /51

    Starting at $995 Per Month

    • Studio - 3 Beds

    205 E 12th St, Sioux Falls, SD 57104

    Located in vibrant downtown Sioux Falls, our community offers the perfect blend of comfort and convenience. Just steps away from Sioux Falls' best bars, shops and cultural attractions, you'll have everything you need right at your doorstep.Our homes were designed with the modern professional in mind, featuring work-from-home nooks, modern finishes, abundant natural light and spacious layouts.

    The One2

    205 E 12th St, Sioux Falls, SD 57104
  • /36

    Starting at $1,129 Per Month

    • 1 - 2 Beds

    5109 S Rolling Green Ave, Sioux Falls, SD 57108

    Donegal Pointe has it all - from our convenient location in southwest Sioux Falls to our lengthy list of amenities, you won't find an apartment community more equipped to meet your every need. Donegal Pointe sits just off 57th Street, removed enough to maintain its serene, retreat-like setting while being close enough to provide easy access to nearby shopping, restaurants and entertainment. Walk

    Donegal Pointe Apartments

    5109 S Rolling Green Ave, Sioux Falls, SD 57108
  • /16

    $2,400 Per Month

    • 4 Beds
    • 2 Baths
    • 1,953 Sq Ft
    • House for Rent

    4108 S Teakwood Ave, Sioux Falls, SD 57103

    Welcome to 4108 S Teakwood Ave - a walk-out ranch in the heart of Scenic Heights. This home offers the kind of space, privacy, and flexibility families appreciate.Step inside to an inviting main level featuring comfortable living spaces, a functional kitchen, and easy access to two bedrooms and a full bath. The lower level is a true gem - a full walk-out, two additional bedrooms, a second

    Chad Theisen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

    4108 S Teakwood Ave, Sioux Falls, SD 57103
  • /20

    $2,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,110 Sq Ft
    • House for Rent

    1219 S Glendale Ave, Sioux Falls, SD 57105

    Adorable single family home located near multiple hospitals, restaurants, shopping, a park and more! Fully furnished, this home has 2 bedrooms, one bathroom, a dedicated office space with desk, basement living room with foosball table, table, and TV. Each bedroom has a dresser, closet with hangers and laundry baskets. Feel comfy and cozy in the main living room that has a large couch that can

    Megan Farmer-Clark Hegg, REALTORS

    1219 S Glendale Ave, Sioux Falls, SD 57105
  • /20

    Starting at $2,400 Per Month

    • 2 Beds

    322-326 E 8th St Unit 1, Sioux Falls, SD 57103

    Stunning downtown lofts! Imagine a beautiful space with all stone counters, high gloss wood look floors, lots of natural light, high ceilings, in floor heat in your bathroom. Some of our floor plans have a den, a work from home space that is not your living room or your bedroom! Add living above a fantastic bakery AND an Italian restaurant offering room service delivery! Wow - all this at the

    The Frank & Crane Lofts

    322-326 E 8th St Unit 1, Sioux Falls, SD 57103
  • /14

    $2,400 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,072 Sq Ft
    • House for Rent

    3703 E Siasconset Place, Sioux Falls, SD 57108

    *Updated Photos Coming Soon!* Check out this stunning 4 bedroom 3.5 bathroom townhome!This home is located in the SE corner of Sioux Falls - just blocks from 69th and Southeastern Ave.This 3 level townhome is absolutely stunning. The main floor features a large and open concept living room, dining room and kitchen. The kitchen boasts stainless steel appliances, tile

    3703 E Siasconset Place, Sioux Falls, SD 57108
  • /57

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 2,055 Sq Ft
    • House for Rent

    3436 W 84th Place, Sioux Falls, SD 57108

    One-Month Free Rent! Enjoy this spacious 3 bed, 2 bath twin home on the south side of Sioux Falls. The main floor features an open layout between the living room and kitchen, with a patio door leading to a private deck and fenced backyard. You'll also find the primary bedroom with walk-in closet, main floor laundry, and a second bedroom/office on the main level. The lower level offers a

    3436 W 84th Place, Sioux Falls, SD 57108
  • /34

    $2,395 Per Month

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • House for Rent

    3600 S Outfield Cir, Sioux Falls, SD 57110

    The Experience is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents.This newer East Sioux Falls townhome offers quality construction, high-end finishes, and a spacious 4-bedroom layout. With over 2,000 sq. ft. of living space, it features vaulted ceilings, a

    3600 S Outfield Cir, Sioux Falls, SD 57110
  • /29

    $2,395 Per Month

    • 5 Beds
    • 2 Baths
    • 1,746 Sq Ft
    • House for Rent

    5201 E 17th St, Sioux Falls, SD 57110

    Welcome to this beautifully updated 5-bedroom, 2-bathroom split-level home that offers space, style, and comfort both inside and out. Step into the inviting split-level foyer that leads upstairs to an open-concept living room and kitchen—perfect for entertaining or enjoying everyday life. The kitchen features modern finishes and opens directly to a stunning deck through glass sliding doors,

    5201 E 17th St, Sioux Falls, SD 57110
  • /15

    $2,350 Per Month

    • 4 Beds
    • 2 Baths
    • 1,803 Sq Ft
    • House for Rent

    4504 S Cliff Ave, Sioux Falls, SD 57103

    FOUR GARAGE STALLS plus 3 bedrooms on the main level?!? Spacious home in a popular south east location with easy access to the interstate, bike trails and just down the road from Lincoln High. Main level also includes a large front living room with big windows for lots of natural light. Dining area has a sliding door to the deck overlooking the FULLY FENCED back yard. All appliances are included

    Chad Theisen Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

    4504 S Cliff Ave, Sioux Falls, SD 57103
  • /20

    $2,349 Per Month

    • 5 Beds
    • 3 Baths
    • 2,300 Sq Ft
    • House for Rent

    7636 S Rose Crest Ct, Sioux Falls, SD 57108

    Welcome to your dream home! This stunning 5-bedroom, 3-bathroom residence combines comfort and style, perfect for modern living. Step inside to an expansive open-concept layout that seamlessly connects the living, dining, and kitchen areas, ideal for both everyday living and entertaining. The spacious downstairs area offers plenty of room for relaxation and family gatherings, while abundant

    7636 S Rose Crest Ct, Sioux Falls, SD 57108
  • /15

    $2,295 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • House for Rent

    3518 S Outfield Cir, Sioux Falls, SD 57110

    $500 OFF YOUR FIRST MONTH OF RENT!*All photos are similar to the subject property*The Experience is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents.Located on a quiet cul-de-sac in east Sioux Falls, these quality-built townhomes feature vaulted

    3518 S Outfield Cir, Sioux Falls, SD 57110
  • /20

    $2,249 Per Month

    • 4 Beds
    • 2 Baths
    • 2,089 Sq Ft
    • House for Rent

    5901 S Mandy Ave, Sioux Falls, SD 57106

    *Eligible for $0 deposit. For more information, contact Real Property Management Express*Video Tour: This beautiful 4 bedroom 2 bathroom single-family home with an attached double stall garage is tucked into a quiet neighborhood a couple of blocks south of 57th and Marion Rd.This split-level home, built-in 2005, sits on a large corner lot of 0.3 acres with beautiful

    5901 S Mandy Ave, Sioux Falls, SD 57106
  • /27

    Starting at $2,205 Per Month

    • 3 Beds

    4100 N Career Ave, Sioux Falls, SD 57107

    Welcome to Pinnacle Townhomes in Sioux Falls, South Dakota.Discover modern living in spacious three-bedroom, 2.5-bath townhomes designed with open-concept layouts that maximize space and natural light.Each home features a modern kitchen with sleek finishes, ample storage, and a spacious living area perfect for everyday living and entertaining. Enjoy added comforts including an

    Pinnacle Townhomes

    4100 N Career Ave, Sioux Falls, SD 57107
  • /31

    $2,200 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,027 Sq Ft
    • Townhouse for Rent

    2607 E Sunburst Dr Dr, Sioux Falls, SD 57005

    Spacious 4-Bedroom Ranch-Style Twin Home for Rent | Pet-Friendly | 2-Car GarageDon't miss this stunning ranch-style twin home available for rent! Offering 4 bedrooms, 3 full bathrooms, and over 2,000 sq ft of living space, this home has everything your family needs to feel right at home.Home Highlights: Bright, open main floor with soaring vaulted ceilingsInviting family room with

    Agent Photo

    David Shelton

    CENTURY 21 Advantage

    2607 E Sunburst Dr Dr, Sioux Falls, SD 57005
  • /10

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft
    • House for Rent

    7524 S Beal Ave, Sioux Falls, SD 57108

    Property Id: 698351 Please send application through our website! At our beautiful Villa’s we offer 3 bedrooms. Southwood's knows your furry companions are happiest right by your side, and that is why we allow up to two pets (breed and weight restriction of 60lbs). Pet Fee is $300 per pet (non-refundable). All units have attached two car or three car garages! Washers/dryers in all

    7524 S Beal Ave, Sioux Falls, SD 57108
  • /53

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,557 Sq Ft
    • House for Rent

    5101 W Cushman St, Sioux Falls, SD 57107

    This spacious ranch-style home on a desirable corner lot offers 3 bedrooms, 2 bathrooms, and a 3-car garage. The main level features a generous living room, designated dining area, and a well-equipped kitchen with a refrigerator, dishwasher, oven, and microwave, along with two bedrooms and a full bathroom. The finished basement provides additional living space, a third bedroom, and a second

    5101 W Cushman St, Sioux Falls, SD 57107
  • /35

    Starting at $1,100 Per Month

    • 1 - 4 Beds

    5604 S Rateliff Ave, Sioux Falls, SD 57108

    Step into The Wondery, where modern living meets effortless style! Our newly built 1-3-bedroom townhomes and apartments feature open floor plans, sleek finishes, and plenty of natural light. Choose from spacious townhomes with lofts or private-entry flats with bonus desk spaces. Enjoy the convenience of in-unit laundry, patios or balconies with beautiful views, and a range of fantastic amenities,

    The Wondery

    5604 S Rateliff Ave, Sioux Falls, SD 57108
  • /32

    $2,150 Per Month

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • House for Rent

    4829 S Wilson Ave, Sioux Falls, SD 57106

    Welcome home to this beautiful 4-bedroom, 2-bathroom home located in a highly desirable west-side neighborhood! Offering the perfect blend of comfort, style, and functionality, this home features a spacious open floor plan with soaring vaulted ceilings that create a bright and inviting atmosphere. The modern kitchen is equipped with brand-new appliances, ample cabinet space, and is ideal for both

    4829 S Wilson Ave, Sioux Falls, SD 57106
  • /44

    $2,150 Per Month

    • 4 Beds
    • 2 Baths
    • 1,956 Sq Ft
    • House for Rent

    1113 S Blauvelt Ave, Sioux Falls, SD 57105

    This freshly updated home offers a perfect blend of modern upgrades and functional living space, inside and out. The main floor features a sleek galley-style kitchen with stainless steel appliances including a gas stove, flowing into two separate spacious living areas, a dedicated dining space, and two bedrooms. The modern full bathroom is conveniently located on this level, and a sliding glass

    1113 S Blauvelt Ave, Sioux Falls, SD 57105
  • /35

    $2,149 Per Month

    • 4 Beds
    • 2 Baths
    • 2,152 Sq Ft
    • House for Rent

    5505 W Rebecca St, Sioux Falls, SD 57106

    GREAT AMENITIES!*Great Location!*Close to Shopping Mall, Dining, Schools & More!*Southwest Sioux Falls*Central Air Conditioning*Amenity Filled Kitchen*Lots of Cabinets and Countertop Space*Refrigerator*Stove*Dishwasher*Microwave Range*Garbage Disposal*Breakfast Bar*Dining Area Off Kitchen*Laundry Hookups*Fully Finished Upper and Lower

    5505 W Rebecca St, Sioux Falls, SD 57106
  • /32

    Starting at $1,400 Per Month

    • 2 - 4 Beds

    5748 E Lebridge St, Sioux Falls, SD 57108

    Nestled near Harmodon Park on the southeast side of Sioux Falls, The Croft is a pet-friendly community offering newly built 2, 3, and 4-bedroom townhomes designed to fit your lifestyle. Our homes feature modern finishes, in-unit laundry, and many include attached garages or bonus loft spaces for extra living room. Plus, enjoy great amenities like a community pool, gym, and clubhouse—all while

    The Croft

    5748 E Lebridge St, Sioux Falls, SD 57108
  • /51

    $2,100

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,152 Sq Ft
    • Townhouse for Rent

    5505 W Rebecca St, Sioux Falls, SD 57106

    GREAT AMENITIES!*Great Location!*Close to Shopping Mall, Dining, Schools & More!*Southwest Sioux Falls*Central Air Conditioning*Amenity Filled Kitchen*Lots of Cabinets and Countertop Space*Refrigerator*Stove*Dishwasher*Microwave Range*Garbage Disposal*Breakfast Bar*Dining Area Off Kitchen*Laundry Hookups*Fully Finished Upper and Lower

    5505 W Rebecca St, Sioux Falls, SD 57106
  • /19

    $2,100 Per Month

    • 4 Beds
    • 2 Baths
    • 1,589 Sq Ft
    • House for Rent

    4600 S Wassom Ave, Sioux Falls, SD 57106

    Lovely 4 Bed 2 Bath Home with a Huge Deck and Massive Fenced-in Yard in Sioux Falls, SD. This well-maintained residence features a spacious main level with large windows and a separate dining room, plus a finished basement for extra living or storage space. The kitchen includes modern appliances—oven, microwave, dishwasher, refrigerator, and disposal—and adjacent laundry with washer/dryer

    4600 S Wassom Ave, Sioux Falls, SD 57106
  • /81

    Starting at $1,395 Per Month

    • 2 - 3 Beds

    2811 S Burnsfield Ave, Sioux Falls, SD 57110

    Welcome to PowderHaus Apartments & Townhomes in Sioux Falls, South Dakota.Discover modern living in a vibrant, amenity-rich community. PowderHaus offers thoughtfully designed studio, one-, two-, and three-bedroom apartments and townhomes with stylish finishes and functional layouts.Each home features stainless steel appliances, in-unit laundry, and dedicated work-from-home spaces,

    PowderHaus Apartments & Townhomes

    2811 S Burnsfield Ave, Sioux Falls, SD 57110
  • /28

    $2,050 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,973 Sq Ft
    • House for Rent

    5503 W Rebecca St, Sioux Falls, SD 57106

    To take a virtual tour, click on the link: Amenities:*3 Spacious Bedrooms, 2.5 Bathrooms*1973 Square Feet of Living Space*Master Bedroom with Walk In Closet and Master Bath*Open Concept Kitchen With Island*Lots of Cabinet and Countertop Space*Black Appliances*Refrigerator*Stove*Microwave*Dishwasher*Dining Area*Half Bath With In Unit Laundry

    5503 W Rebecca St, Sioux Falls, SD 57106

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Frequently Asked Questions

How much does it cost to rent a home in Sioux Falls, SD?
The median rent for a home in Sioux Falls, SD is $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Sioux Falls, SD?
To comfortably afford the median rent in Sioux Falls, SD, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Sioux Falls, SD, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sioux Falls, SD?
In Sioux Falls, SD, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Sioux Falls, SD are best for renting a home?
The best neighborhood for renting in Sioux Falls, SD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Augustana, Downtown Sioux Falls, Garfield, Whittier and Central Sioux Falls, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
371
Median Rent
$1,500
Median Single Family Home Rent
$1,695
Median Townhouse Rent
$1,887
Median Condo Rent
$900
How to Rent a Home