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ZIP Code · SD

ZIP 57106

Pop. 51,907·Minnehaha County·8th most expensive ZIP in South Dakota
Median rent (all units)
$1,318/mo
Year-over-Year
-6.3%
Month-over-Month
-5.7%
vs US Median
-$647
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 57106 · $1,318
More affordable than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$1,020
2 BR
$1,200
3 BR
$1,650
4 BR+
$2,010
Research median
$1,200/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: July 20, 2026

Annual cost
$15,816/yr
At $1,318/mo median
Location
StateSD
CountyMinnehaha County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-6.3% YoY, -5.7% MoM), not inventory.
Demographics

Who lives here

ZIP 57106 (Sioux Falls, SD) is majority owner-occupied, has a large share of families with children, 34.4% of residents hold a bachelor's degree or higher.

Population
51,907
Median income
$77,580
Median age
34
Renters
41.2%
Age distribution
26.1%
25.4%
26%
12.5%
Under 1826.1%
18–3425.4%
35–5426%
55–6410%
65+12.5%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
81.8%
White81.8%
Black5.4%
Hispanic7.1%
Asian1.5%
Other4.1%
Education (25+)
22.8%
36%
34.4%
No HS diploma6.7%
HS diploma22.8%
Some college36%
Bachelor's+34.4%
Housing tenure
58.8%
41.2%
Owner58.8%
Renter41.2%

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

2021 vs 2026

How ZIP 57106 in Sioux Falls, SD has changed in 5 years

Rent
$1,147 → $1,318
up 14.9%
Income
$69,202 → $77,580
up 12.1%
Population
49,337 → 51,907
up 5.2%
Renter share
38.2% → 41.2%
+3.0 pts
Bachelor's+
35.8% → 34.4%
-1.4 pts
Median age
33.3 → 34
+0.7 yrs

Five years ago, renters in ZIP 57106 in Sioux Falls, SD paid around $1,147 a month. That figure now sits near $1,318, up 14.9% from the 2021 baseline. Census figures show median household income at $77,580 today, compared with $69,202 five years earlier. Census counts show ZIP 57106 in Sioux Falls, SD adding about 2,570 residents over the five-year window, up 5.2% on net. The renter share has risen from 38.2% to 41.2%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 57106

Last updated: July 20, 2026

ZIP code 57106 covers Sioux Falls, SD. The median rent here is $1,318/mo as of July 2026. A 1-bedroom rents for a median of $1,020/mo. A 2-bedroom rents for a median of $1,200/mo.

At 20% of local median household income ($77,580/yr), ZIP 57106 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 57106?

As of July 20, 2026, the median monthly rent in ZIP 57106 (Sioux Falls, SD) is $1,318. This is based on aggregated data from public sources and community submissions.

How does ZIP 57106 rent compare to the US average?

ZIP 57106's median rent of $1,318/mo is $647 (33%) below the US national median of $1,965/mo.

How does ZIP 57106 compare to other ZIPs in South Dakota?

ZIP 57106 falls in the middle range for South Dakota, ranking #8 out of 16 ZIPs at $1,318/mo.

How much income do you need to rent in ZIP 57106?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,318/mo in ZIP 57106. The local median household income is $77,580/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 57106?

Rent in ZIP 57106 has decreased 6.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 57106 an affordable place to rent?

ZIP 57106 is considered very affordable for renters. At $1,318/mo, rent takes approximately 20% of the local median household income ($77,580/yr). The standard benchmark is 30%. ZIP 57106 falls comfortably within that range.

What percentage of ZIP 57106 residents rent vs. own?

According to Census data, approximately 41.2% of ZIP 57106 households are renters, while 58.8% are owner-occupied. ZIP 57106 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 57106 compare to the rest of Sioux Falls?

ZIP 57106 is more affordable than Sioux Falls overall. At $1,318/mo, it's $9 below the Sioux Falls citywide median of $1,327/mo.

When was rent data for ZIP 57106 last updated?

Rent data for ZIP 57106 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,318/mo, rent takes ~20% of ZIP 57106's median household income ($77,580/yr). The standard benchmark is 30%.

ZIP 57106 20%Benchmark 30%
State income taxNone
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