ZIP Code · SD

ZIP 57107

Part of Sioux Falls, SD

Pop. 12,605·Minnehaha County·11th most expensive ZIP in South Dakota

Median rent (all units)

$1,220/mo

Year-over-Year

+1.9%

Month-over-Month

+0.3%

vs US Median

-$712

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 57107 · $1,220

More affordable than 90% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$930

1 BR

$1,060

2 BR

$1,240

3 BR

$1,700

4 BR+

$2,080

Research median

$1,240/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

Past year vs. the rest of South Dakota

Rent in ZIP 57107 changed +1.9% over the year to September 2026. Across the 14 South Dakota ZIP codes Zillow tracks, the typical change was +4.1%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($74,141) is $1,854 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,700); a 4-bedroom is $2,080.

Rank in Sioux Falls

3rd cheapest of 7 ZIP codes in Sioux Falls.

Cheaper nearby

ZIP 57105, 7 miles away, rents for 11% less ($1,081/mo), about $1,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 57107. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,640/yr

At $1,220/mo median

Location

CitySioux Falls

StateSD

CountyMinnehaha County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.9% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 57107 (Sioux Falls, SD) is majority owner-occupied, 29.1% of residents hold a bachelor's degree or higher.

Population

12,605

Median income

$74,141

Median age

31.8

Renters

34.5%

Age distribution

24.6%

29.3%

25.4%

Under 1824.6%

18–3429.3%

35–5425.4%

55–6411.2%

65+9.6%

Gender

51%

49%

Male51%

Female49%

Race & ethnicity

71.7%

White71.7%

Black9.6%

Hispanic11.7%

Asian4.1%

Other2.9%

Education (25+)

27.2%

33.7%

29.1%

No HS diploma10%

HS diploma27.2%

Some college33.7%

Bachelor's+29.1%

Housing tenure

65.5%

34.5%

Owner65.5%

Renter34.5%

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

2021 vs 2026

How ZIP 57107 in Sioux Falls, SD has changed in 5 years

Income

$62,641 → $74,141

up 18.4%

Population

10,402 → 12,605

up 21.2%

Renter share

31.4% → 34.5%

+3.1 pts

Bachelor's+

26% → 29.1%

+3.1 pts

Median age

34.3 → 31.8

-2.5 yrs

Census figures show median household income at $74,141 today, compared with $62,641 five years earlier. The population has grown by 21.2% since 2021, moving from about 10,402 residents to roughly 12,605. Renters now make up 34.5% of households, compared with 31.4% five years ago. College-educated residents now make up 29.1% of adults here, versus 26% in 2021.

Community

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Local insights

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About renting in ZIP 57107

Last updated: October 17, 2026

ZIP code 57107 covers Sioux Falls, SD. The median rent here is $1,220/mo as of October 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,240/mo.

At 20% of local median household income ($74,141/yr), ZIP 57107 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 57107?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,220/mo in ZIP 57107. The local median household income is $74,141/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 57107?

Rent in ZIP 57107 has risen 1.9% over the past year.

How does ZIP 57107 compare to other ZIPs in South Dakota?

ZIP 57107 is one of the more affordable among South Dakota ZIP codes for rent, ranking #11 of 16 at $1,220/mo. Over the year to September 2026, rent in ZIP 57107 changed +1.9%, against a typical +4.1% across the 14 South Dakota ZIP codes Zillow tracks.