Property Prices in Sioux Falls, SD, United States

Index Info
Price to Income Ratio: 2.84
Mortgage as Percentage of Income: 25.40%
Loan Affordability Index: 3.94
Price to Rent Ratio - City Centre: 9.20
Price to Rent Ratio - Outside of Centre: 11.10
Gross Rental Yield (City Centre): 10.87%
Gross Rental Yield (Outside of Centre): 9.01%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,297.20 $ 1,066.00-1,700.00
1 Bedroom Apartment Outside of City Centre 905.60 $ 825.00-1,000.00
3 Bedroom Apartment in City Centre 2,055.00 $ 1,860.00-3,500.00
3 Bedroom Apartment Outside of City Centre 1,644.00 $ 1,410.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 228.75 $ 202.99-300.00
Price per Square Feet to Buy Apartment Outside of Centre 204.50 $ 202.99-209.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,111.96 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.51 6.00-7.00

These data are based on 71 entries from 24 contributors over the past 18 months.
Last update: 31 January 2026

Sources and References
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