Denver-Aurora-Lakewood vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 70% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $7,008/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $944 | $544 | $400 |
| 1 Bedroom | $1,123 | $672 | $451 |
| 2 Bedrooms | $1,421 | $837 | $584 |
| 3 Bedrooms | $1,665 | $1,012 | $653 |
| 4 Bedrooms | $2,036 | $1,129 | $907 |
| Median Income | $86,704 | $55,443 | $31,261 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $584/mo or $7,008/year more expensive in Denver-Aurora-Lakewood (70% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Denver-Aurora-Lakewood and Sioux Falls?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Sioux Falls it is $55,443/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Sioux Falls?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Sioux Falls it is $544/mo.