Chico vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 27% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,059/mo in Chico — saving $2,664/year.
Rent by Unit Size
| Unit Size | Chico | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $698 | $544 | $154 |
| 1 Bedroom | $859 | $672 | $187 |
| 2 Bedrooms | $1,059 | $837 | $222 |
| 3 Bedrooms | $1,354 | $1,012 | $342 |
| 4 Bedrooms | $1,491 | $1,129 | $362 |
| Median Income | $66,884 | $55,443 | $11,441 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,059/mo in Chico. That's $222/mo or $2,664/year more expensive in Chico (27% higher).
What is the 2-bedroom rent in Chico vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Chico and Sioux Falls?
The median household income in Chico is $66,884/year. In Sioux Falls it is $55,443/year. Chico has the higher median income.
What is the studio rent in Chico vs Sioux Falls?
A studio apartment Fair Market Rent in Chico is $698/mo. In Sioux Falls it is $544/mo.