Rent by ZIP · Minnehaha County
Rent in Sioux Falls, SD 57103
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (+4.5% vs FY2026). Renters in this ZIP code pay a median $942 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $880 | $820 | +7.3% | $792–968 | $812 ±$232 |
| 1 bedroom | $980 | $940 | +4.3% | $882–1,078 | $819 ±$52 |
| 2 bedrooms | $1,150 | $1,100 | +4.5% | $1,035–1,265 | $968 ±$59 |
| 3 bedrooms | $1,590 | $1,510 | +5.3% | $1,431–1,749 | $1,293 ±$144 |
| 4 bedrooms | $1,920 | $1,850 | +3.8% | $1,728–2,112 | $1,808 ±$598 |
Small Area FMRs for the Sioux Falls, SD HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Sioux Falls, SD HUD Metro FMR Area, 2 bedrooms: $1,228.
What renters pay in 57103
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 57104 | Sioux Falls | $1,120 | $942 |
| 57105 | Sioux Falls | $1,170 | $960 |
| 57106 | Sioux Falls | $1,300 | $1,093 |
| 57107 | Sioux Falls | $1,320 | $1,133 |
| 57108 | Sioux Falls | $1,550 | $1,329 |
| 57110 | Sioux Falls | $1,270 | $977 |
Fair Market Rents across Minnehaha County, SD · All SD counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.