Property Prices in Sioux Falls, SD, United States

Index Info
Price to Income Ratio: 2.79
Mortgage as Percentage of Income: 25.26%
Loan Affordability Index: 3.96
Price to Rent Ratio - City Centre: 9.31
Price to Rent Ratio - Outside of Centre: 10.91
Gross Rental Yield (City Centre): 10.75%
Gross Rental Yield (Outside of Centre): 9.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,265.00 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 921.67 $ 825.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,250.00 $ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,680.00 $ 1,200.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 237.34 $ 202.99-300.00
Price per Square Feet to Buy Apartment Outside of Centre 205.00 $ 202.99-209.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,266.61 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 6.19-7.00

These data are based on 75 entries from 25 contributors over the past 18 months.
Last update: 16 May 2025

Sources and References
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