Casper vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Casper is 5% cheaper for renters. A 2-bedroom rents for $795/mo vs $837/mo in Sioux Falls — saving $504/year.
Rent by Unit Size
| Unit Size | Casper | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $561 | $544 | $17 |
| 1 Bedroom | $666 | $672 | $6 |
| 2 Bedrooms | $795 | $837 | $42 |
| 3 Bedrooms | $1,009 | $1,012 | $3 |
| 4 Bedrooms | $1,224 | $1,129 | $95 |
| Median Income | $43,997 | $55,443 | $11,446 |
Casper
- Studio
- $561/mo
- 1 BR
- $666/mo
- 2 BR
- $795/mo
- 3 BR
- $1,009/mo
- 4 BR
- $1,224/mo
- Median Income
- $43,997/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 Casper or Sioux Falls cheaper to rent in?
Casper is cheaper — a 2-bedroom Fair Market Rent is $795/mo vs $837/mo in Sioux Falls. That's $42/mo or $504/year more expensive in Sioux Falls (5% higher).
What is the 2-bedroom rent in Casper vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Casper is $795/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Casper and Sioux Falls?
The median household income in Casper is $43,997/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Casper vs Sioux Falls?
A studio apartment Fair Market Rent in Casper is $561/mo. In Sioux Falls it is $544/mo.