Median Age
37 Years
Largest Age Group
30-39 Years
Approximately 15% of Residents
Under 20
26%
Over 65
16%
Avg Rent
$980
Population
213,706
Renter Mix
41% Rent
Sioux Falls, South Dakota's largest city, showcases the natural beauty of the Big Sioux River and its cascading waterfalls at Falls Park. The downtown area features the city's namesake falls alongside local art galleries, shops, and restaurants. Housing choices include downtown apartments and established areas like McKennan Park, with its historic architecture and mature trees. The rental market remains steady, with one-bedroom apartments averaging $950 monthly, showing a 1.3% decrease from the previous year. The area near Augustana University and the southeastern district surrounding The Empire Mall offer additional rental opportunities.
Major employers Sanford Health and Avera Health contribute to the city's stable economy. Residents enjoy an extensive 29-mile recreational trail system, while the Washington Pavilion houses performing arts venues and an interactive science center. The Great Plains Zoo and the downtown SculptureWalk, displaying over 55 outdoor art pieces including a replica of Michelangelo's David, enhance the city's cultural landscape. Sioux Falls has grown substantially from 81,182 residents in 1980 to 192,517 in 2020, evolving into a metropolitan area while maintaining its welcoming atmosphere. The city's past includes its notable role as the "Divorce Colony" in the 1890s, when its progressive laws drew people seeking divorces - a distinctive chapter in local history.
Fawick Park is located next to the Big Sioux River.
Whittier Park visitors enjoy shaded picnic tables and a large playground.
Falls Park is Downtown Sioux Falls' most popular park.
The bus system in Downtown Sioux Falls allows easy access to the rest of the city.
Some homes in Downtown Sioux Falls feature charming porches.
Residents look forward to events like Levitt at the Falls.
Median Household Income
$73,378
Average: $95,471
Education
63,261
Residents Have a Degree
Job Market
121,682
Workers Employed
Median Age
37 Years
Largest Age Group
30-39 Years
Approximately 15% of Residents
Under 20
26%
Over 65
16%
Housing Distribution
Sioux Falls has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Sioux Falls, SD is $859 for a studio, $981 for one bedroom, $1,192 for two bedrooms, and $1,510 for three bedrooms. Apartment rent in Sioux Falls has increased by 1.9% in the past year.
The cost of living in Sioux Falls, SD is 12.5% lower than the national average. Generally, housing in Sioux Falls is 24.5% less expensive than the national average, with rent falling between $859 - $1,510. You can expect to pay 4.2% less for groceries, 15.8% less for utilities, and 11.2% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Sioux Falls, SD is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Exceptionally Bikeable
Bikeability
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.