ZIP Code · SD

ZIP 57110

Part of Sioux Falls, SD

Pop. 23,313·Minnehaha County·8th most expensive ZIP in South Dakota

Median rent (all units)

$1,322/mo

Year-over-Year

+2.6%

Month-over-Month

+0.1%

vs US Median

-$610

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 57110 · $1,322

More affordable than 85% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$910

1 BR

$1,030

2 BR

$1,210

3 BR

$1,660

4 BR+

$2,030

Research median

$1,210/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

Cheapest month to sign

February. Asking rents in ZIP 57110 usually run 1.4% below trend in February and 1.1% above it in August, about $33 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 57110 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of South Dakota

Rent in ZIP 57110 changed +2.6% 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 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($88,955) is $2,224 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,030).

Rank in Sioux Falls

5th cheapest of 7 ZIP codes in Sioux Falls.

Cheaper nearby

ZIP 57005, 4 miles away, rents for 12% less ($1,166/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 57110. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,864/yr

At $1,322/mo median

Location

CitySioux Falls

StateSD

CountyMinnehaha County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.6% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 57110 (Sioux Falls, SD) is majority owner-occupied, has a large share of families with children, 43.4% of residents hold a bachelor's degree or higher.

Population

23,313

Median income

$88,955

Median age

36.1

Renters

34.1%

Age distribution

28.2%

19.8%

27.2%

12.7%

12%

Under 1828.2%

18–3419.8%

35–5427.2%

55–6412.7%

65+12%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

78.4%

White78.4%

Black9.9%

Hispanic4%

Asian2.2%

Other5.4%

Education (25+)

21.2%

28.3%

43.4%

No HS diploma7.1%

HS diploma21.2%

Some college28.3%

Bachelor's+43.4%

Housing tenure

65.9%

34.1%

Owner65.9%

Renter34.1%

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

2021 vs 2026

How ZIP 57110 in Sioux Falls, SD has changed in 5 years

Rent

$1,063 → $1,322

up 24.4%

Income

$77,048 → $88,955

up 15.5%

Population

19,327 → 23,313

up 20.6%

Renter share

35.3% → 34.1%

-1.2 pts

Bachelor's+

37.9% → 43.4%

+5.5 pts

Median age

35.5 → 36.1

+0.6 yrs

Across the past five years, the going rent in ZIP 57110 in Sioux Falls, SD has shifted from $1,063 to $1,322, up 24.4% since 2021. Local incomes tracked alongside that move, going from a median of $77,048 in 2021 to $88,955 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 57110 in Sioux Falls, SD adding about 3,986 residents over the five-year window, up 20.6% on net. Bachelor's-degree-or-higher attainment moved from 37.9% to 43.4% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 57110 in Sioux Falls, SD market of 2021.

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About renting in ZIP 57110

Last updated: October 17, 2026

ZIP code 57110 covers Sioux Falls, SD. The median rent here is $1,322/mo as of October 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,210/mo.

At 18% of local median household income ($88,955/yr), ZIP 57110 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 57110?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,322/mo in ZIP 57110. The local median household income is $88,955/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 57110?

Rent in ZIP 57110 has risen 2.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 57110?

Asking rents in ZIP 57110 are usually lowest in February, about 1.4% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 57110 compare to other ZIPs in South Dakota?

ZIP 57110 is in the middle among South Dakota ZIP codes for rent, ranking #8 of 16 at $1,322/mo. Over the year to September 2026, rent in ZIP 57110 changed +2.6%, against a typical +4.1% across the 14 South Dakota ZIP codes Zillow tracks.