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ZIP Code · SD

ZIP 57107

Pop. 12,605·Minnehaha County·4th most expensive ZIP in South Dakota
Median rent (all units)
$1,406/mo
Year-over-Year
Stable
Month-over-Month
+2.4%
vs US Median
-$559
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 57107 · $1,406
More affordable than 80% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$16,872/yr
At $1,406/mo median
Location
StateSD
CountyMinnehaha County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.4% 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: July 20, 2026

ZIP code 57107 covers Sioux Falls, SD. The median rent here is $1,406/mo as of July 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,240/mo.

At 23% of local median household income ($74,141/yr), ZIP 57107 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 57107?

As of July 20, 2026, the median monthly rent in ZIP 57107 (Sioux Falls, SD) is $1,406. This is based on aggregated data from public sources and community submissions.

How does ZIP 57107 rent compare to the US average?

ZIP 57107's median rent of $1,406/mo is $559 (28%) below the US national median of $1,965/mo.

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

ZIP 57107 is one of the pricier ZIP codes in South Dakota, ranking #4 out of 16 ZIPs tracked at $1,406/mo.

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 $56,000/year (~$27/hour full-time) to afford the median rent of $1,406/mo in ZIP 57107. The local median household income is $74,141/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 57107?

Rent in ZIP 57107 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 57107 an affordable place to rent?

ZIP 57107 is considered very affordable for renters. At $1,406/mo, rent takes approximately 23% of the local median household income ($74,141/yr). The standard benchmark is 30%. ZIP 57107 falls comfortably within that range.

What percentage of ZIP 57107 residents rent vs. own?

According to Census data, approximately 34.5% of ZIP 57107 households are renters, while 65.5% are owner-occupied. ZIP 57107 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 57107 compare to the rest of Sioux Falls?

ZIP 57107 is pricier than Sioux Falls as a whole. At $1,406/mo, it's $79 above the Sioux Falls citywide median of $1,327/mo.

When was rent data for ZIP 57107 last updated?

Rent data for ZIP 57107 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,406/mo, rent takes ~23% of ZIP 57107's median household income ($74,141/yr). The standard benchmark is 30%.

ZIP 57107 23%Benchmark 30%
State income taxNone
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Schools nearby

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