Charlottesville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 28% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,075/mo in Charlottesville — saving $2,856/year.
Rent by Unit Size
| Unit Size | Charlottesville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $700 | $544 | $156 |
| 1 Bedroom | $878 | $672 | $206 |
| 2 Bedrooms | $1,075 | $837 | $238 |
| 3 Bedrooms | $1,404 | $1,012 | $392 |
| 4 Bedrooms | $1,498 | $1,129 | $369 |
| Median Income | $70,871 | $55,443 | $15,428 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,075/mo in Charlottesville. That's $238/mo or $2,856/year more expensive in Charlottesville (28% higher).
What is the 2-bedroom rent in Charlottesville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Charlottesville and Sioux Falls?
The median household income in Charlottesville is $70,871/year. In Sioux Falls it is $55,443/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Sioux Falls?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Sioux Falls it is $544/mo.