Studio Rent · August 2026

Studio Apartment Rent in Sioux Falls, SD

$781/mo

Median asking rent for a studio apartment in Sioux Falls, South Dakota as of August 2026. That's +41% lower than the citywide median of $1,318 and +39% below the national studio median of $1,290.

Studio median
$781
August 2026
vs city overall
-41%
$1,318 city median
vs national
-39%
$1,290 US median
South Dakota rank
#6
of 10 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$31,240
Monthly gross
$2,603
Hourly (full-time)
$15.02

Rent by apartment size in Sioux Falls

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

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

Cheapest cities for a studio in South Dakota

#CityStudio rent
1Mitchell$600
2Vermillion$620
3Aberdeen$680
4Brookings$760
5Brandon$780
6Sioux Falls (this page)$781
7Box Elder$790
8Rapid City$823
9Tea$860
10Harrisburg$890

Most expensive cities for a studio in South Dakota

#CityStudio rent
1Harrisburg$890
2Tea$860
3Rapid City$823
4Box Elder$790
5Sioux Falls (this page)$781
6Brandon$780
7Brookings$760
8Aberdeen$680
9Vermillion$620
10Mitchell$600

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Sioux Falls.

CityDistanceStudio rentvs Sioux Falls
Harrisburg, SD9.1 mi$890+$109 (+14%)
Brandon, SD10.8 mi$780$-1 (0%)
Tea, SD11.3 mi$860+$79 (+10%)
Vermillion, SD51.1 mi$620$-161 (-21%)
Brookings, SD53.4 mi$760$-21 (-3%)
Sioux City, IA79.8 mi$740$-41 (-5%)
Mitchell, SD91.4 mi$600$-181 (-23%)
Norfolk, NE115.9 mi$650$-131 (-17%)
Aberdeen, SD182.5 mi$680$-101 (-13%)
Waite Park, MN220.2 mi$890+$109 (+14%)

Studio rent in Sioux Falls — common questions

How much is a studio apartment in Sioux Falls?

As of August 2026, the median studio apartment rent in Sioux Falls, South Dakota is $781 per month. This is +41% below the citywide median of $1,318.

What income do you need to afford a studio in Sioux Falls?

Using the standard 30% rent-to-income rule, you would need an annual income of about $31,240 ($2,603/month gross), which works out to roughly $15.02/hour at a full-time job.

Is Sioux Falls expensive for a studio compared to the rest of the US?

Sioux Falls's studio median of $781 is +39% below the national studio median of $1,290. It ranks in the 8th percentile of US cities tracked.

How does Sioux Falls rank for studio rent in South Dakota?

Among the 10 cities in South Dakota with studio data, Sioux Falls ranks #6 from cheapest to most expensive.

Are there cheaper studio options near Sioux Falls?

Yes — nearby cities with cheaper studio rents include Brandon ($780), Vermillion ($620), Brookings ($760).

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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 (August 2026) and exclude cities with median rent below $400 or above $20,000.