Bismarck vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bismarck is 2% cheaper for renters. A 2-bedroom rents for $817/mo vs $837/mo in Sioux Falls — saving $240/year.
Rent by Unit Size
| Unit Size | Bismarck | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $555 | $544 | $11 |
| 1 Bedroom | $667 | $672 | $5 |
| 2 Bedrooms | $817 | $837 | $20 |
| 3 Bedrooms | $1,020 | $1,012 | $8 |
| 4 Bedrooms | $1,141 | $1,129 | $12 |
| Median Income | $52,444 | $55,443 | $2,999 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/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 Bismarck or Sioux Falls cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $837/mo in Sioux Falls. That's $20/mo or $240/year more expensive in Sioux Falls (2% higher).
What is the 2-bedroom rent in Bismarck vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Bismarck and Sioux Falls?
The median household income in Bismarck is $52,444/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Bismarck vs Sioux Falls?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Sioux Falls it is $544/mo.