Sioux Falls, SD Rent History

124 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,327
1-year change
+7.5%
$93/mo
5-year change
+27.5%
$286/mo
10-year change
+49.8%
$441/mo

Monthly rent trend

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Year-by-year rent in Sioux Falls

YearMedian rentYoY changevs 2016
2016$888/mo0.0%
2017$909/mo+2.4%+2.4%
2018$931/mo+2.4%+4.8%
2019$927/mo-0.4%+4.4%
2020$969/mo+4.5%+9.1%
2021$1,015/mo+4.7%+14.3%
2022$1,162/mo+14.5%+30.9%
2023$1,236/mo+6.4%+39.2%
2024$1,255/mo+1.5%+41.3%
2025$1,230/mo-2.0%+38.5%
2026$1,322/mo+7.5%+48.9%

Frequently asked questions

How much has rent in Sioux Falls changed since 2016?

Median rent in Sioux Falls, SD was $884 in 2016-03 and is $1,327 as of 2026-06 — a change of $443 per month over 10 years.

How much has Sioux Falls rent increased in the last 5 years?

Over the past 5 years, median rent in Sioux Falls, SD has changed +27.5% ($286 per month). The current median is $1,327.

What has rent in Sioux Falls done over the past decade?

Over the past 10 years, median rent in Sioux Falls, SD has changed +49.8% ($441 per month). It is now $1,327.

Is rent in Sioux Falls going up or down year over year?

Year over year, median rent in Sioux Falls, SD has increased +7.5% ($93/mo). Current median: $1,327.

See full rent data for Sioux Falls, SD
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.