Akron vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 2% cheaper for renters. A 2-bedroom rents for $822/mo vs $837/mo in Sioux Falls — saving $180/year.
Rent by Unit Size
| Unit Size | Akron | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $552 | $544 | $8 |
| 1 Bedroom | $662 | $672 | $10 |
| 2 Bedrooms | $822 | $837 | $15 |
| 3 Bedrooms | $1,025 | $1,012 | $13 |
| 4 Bedrooms | $1,215 | $1,129 | $86 |
| Median Income | $43,989 | $55,443 | $11,454 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is Akron or Sioux Falls cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $837/mo in Sioux Falls. That's $15/mo or $180/year more expensive in Sioux Falls (2% higher).
What is the 2-bedroom rent in Akron vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Akron and Sioux Falls?
The median household income in Akron is $43,989/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Akron vs Sioux Falls?
A studio apartment Fair Market Rent in Akron is $552/mo. In Sioux Falls it is $544/mo.