ZIP Code · SD

ZIP 57105

Pop. 23,287·Minnehaha County·16th most expensive ZIP in South Dakota
Median rent (all units)
$1,081/mo
Year-over-Year
+1.0%
Month-over-Month
-0.2%
vs US Median
-$851
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 57105 · $1,081
More affordable than 96% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$950
2 BR
$1,110
3 BR
$1,520
4 BR+
$1,860
Research median
$1,110/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 57105 is 1.4% below its high of $1,096 in April 2026, at $1,081 as of September 2026.

Past year vs. the rest of South Dakota

Rent in ZIP 57105 changed +1.0% over the year to September 2026. Across the 14 South Dakota ZIP codes Zillow tracks, the typical change was +4.1%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($77,292) is $1,932 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,860).

Rank in Sioux Falls

1st cheapest of 7 ZIP codes in Sioux Falls.

From Zillow's monthly rent index (ZORI) for ZIP 57105. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,972/yr
At $1,081/mo median
Location
StateSD
CountyMinnehaha County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.0% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 57105 (Sioux Falls, SD) is majority owner-occupied, 44.4% of residents hold a bachelor's degree or higher.

Population
23,287
Median income
$77,292
Median age
37.7
Renters
35.2%
Age distribution
21.2%
25.2%
21.7%
15.6%
16.4%
Under 1821.2%
18–3425.2%
35–5421.7%
55–6415.6%
65+16.4%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
84.9%
White84.9%
Black4.5%
Hispanic4%
Asian1.2%
Other5.4%
Education (25+)
18.5%
32.4%
44.4%
No HS diploma4.7%
HS diploma18.5%
Some college32.4%
Bachelor's+44.4%
Housing tenure
64.8%
35.2%
Owner64.8%
Renter35.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 57105 in Sioux Falls, SD has changed in 5 years

Rent
$936 → $1,081
up 15.5%
Income
$64,875 → $77,292
up 19.1%
Population
22,916 → 23,287
up 1.6%
Renter share
34.1% → 35.2%
+1.1 pts
Bachelor's+
41.8% → 44.4%
+2.6 pts
Median age
35.8 → 37.7
+1.9 yrs

Rent in ZIP 57105 in Sioux Falls, SD has increased 15.5% since 2022, going from about $936 per month to roughly $1,081 today. Census figures show median household income at $77,292 today, compared with $64,875 five years earlier. Income growth outran rent by about 3.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 22,916 to 23,287 between 2021 and 2024, a 1.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.8% to 44.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 57105

Last updated: October 17, 2026

ZIP code 57105 covers Sioux Falls, SD. The median rent here is $1,081/mo as of October 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,110/mo.

At 17% of local median household income ($77,292/yr), ZIP 57105 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 57105?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (about $21/hour full-time) to afford the median rent of $1,081/mo in ZIP 57105. The local median household income is $77,292/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 57105?

Rent in ZIP 57105 has risen 1.0% over the past year as of September 2026. It sits 1.4% below its high of $1,096 in April 2026.

How does ZIP 57105 compare to other ZIPs in South Dakota?

ZIP 57105 is one of the more affordable among South Dakota ZIP codes for rent, ranking #16 of 16 at $1,081/mo. Over the year to September 2026, rent in ZIP 57105 changed +1.0%, against a typical +4.1% across the 14 South Dakota ZIP codes Zillow tracks.

How does ZIP 57105 compare to the rest of Sioux Falls?

At $1,081/mo, ZIP 57105 is $198 below the Sioux Falls citywide median of $1,279/mo. It is the 1st cheapest of 7 ZIP codes in Sioux Falls.
Income Affordability
17%
VERY AFFORDABLE

At $1,081/mo, rent takes ~17% of ZIP 57105's median household income ($77,292/yr). The standard benchmark is 30%.

ZIP 57105 17%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 57105 (Sioux Falls, SD)

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