2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Sioux Falls, SD

$1,073/mo

Median asking rent for a 2-bedroom apartment in Sioux Falls, South Dakota as of July 2026. That's +19% lower than the citywide median of $1,327 and +35% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,073
July 2026
vs city overall
-19%
$1,327 city median
vs national
-35%
$1,655 US median
South Dakota rank
#4
of 8 cities

Income needed for a 2-bedroom in Sioux Falls

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$42,920
Monthly gross
$3,577
Hourly (full-time)
$20.63

Rent by apartment size in Sioux Falls

Compare Sioux Falls's median rent across every apartment size.

Studio
$781
1-Bedroom
$919
2-Bedroom (current)
$1,073
3-Bedroom
$1,467
4+ Bedroom
$1,806

Cheapest cities for a 2-bedroom in South Dakota

#City2-Bedroom rent
1Aberdeen$870
2Mitchell$870
3Brookings$920
4Sioux Falls (this page)$1,073
5Box Elder$1,160
6Tea$1,180
7Rapid City$1,207
8Harrisburg$1,220

Most expensive cities for a 2-bedroom in South Dakota

#City2-Bedroom rent
1Harrisburg$1,220
2Rapid City$1,207
3Tea$1,180
4Box Elder$1,160
5Sioux Falls (this page)$1,073
6Brookings$920
7Mitchell$870
8Aberdeen$870

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Sioux Falls.

CityDistance2-Bedroom rentvs Sioux Falls
Harrisburg, SD9.1 mi$1,220+$147 (+14%)
Tea, SD11.3 mi$1,180+$107 (+10%)
Brookings, SD53.4 mi$920$-153 (-14%)
Sioux City, IA79.8 mi$1,080+$7 (+1%)
Mitchell, SD91.4 mi$870$-203 (-19%)
Norfolk, NE115.9 mi$960$-113 (-11%)
Aberdeen, SD182.5 mi$870$-203 (-19%)
Waite Park, MN220.2 mi$1,200+$127 (+12%)

2-Bedroom rent in Sioux Falls — common questions

How much is a 2-bedroom apartment in Sioux Falls?

As of July 2026, the median 2-bedroom apartment rent in Sioux Falls, South Dakota is $1,073 per month. This is +19% below the citywide median of $1,327.

What income do you need to afford a 2-bedroom in Sioux Falls?

Using the standard 30% rent-to-income rule, you would need an annual income of about $42,920 ($3,577/month gross), which works out to roughly $20.63/hour at a full-time job.

Is Sioux Falls expensive for a 2-bedroom compared to the rest of the US?

Sioux Falls's 2-bedroom median of $1,073 is +35% below the national 2-bedroom median of $1,655. It ranks in the 11th percentile of US cities tracked.

How does Sioux Falls rank for 2-bedroom rent in South Dakota?

Among the 8 cities in South Dakota with 2-bedroom data, Sioux Falls ranks #4 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Sioux Falls?

Yes — nearby cities with cheaper 2-bedroom rents include Brookings ($920), Mitchell ($870), Norfolk ($960).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Sioux Falls, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.