Average Rent in Sioux Falls, SD (2026)
Typical asking rent in Sioux Falls is $1,318. Across the 7 ZIP codes with data it runs from $1,222 to $1,432, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Sioux Falls
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 57103 | Minnehaha County | $1,432 | +9% |
| 57107 | Minnehaha County | $1,406 | +7% |
| 57108 | Lincoln County | $1,364 | +3% |
| 57106 | Minnehaha County | $1,318 | 0% |
| 57110 | Minnehaha County | $1,292 | -2% |
| 57104 | Minnehaha County | $1,289 | -2% |
| 57105 | Minnehaha County | $1,222 | -7% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Sioux Falls sits in the Sioux Falls, SD metro area.
Other South Dakota cities
Would a rental in Sioux Falls cash flow?
Start the analyzer with the Sioux Falls median rent of $1,318 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.