El Paso vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 4% cheaper for renters. A 2-bedroom rents for $837/mo vs $868/mo in El Paso — saving $372/year.
Rent by Unit Size
| Unit Size | El Paso | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $557 | $544 | $13 |
| 1 Bedroom | $685 | $672 | $13 |
| 2 Bedrooms | $868 | $837 | $31 |
| 3 Bedrooms | $1,052 | $1,012 | $40 |
| 4 Bedrooms | $1,194 | $1,129 | $65 |
| Median Income | $45,964 | $55,443 | $9,479 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $868/mo in El Paso. That's $31/mo or $372/year more expensive in El Paso (4% higher).
What is the 2-bedroom rent in El Paso vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between El Paso and Sioux Falls?
The median household income in El Paso is $45,964/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in El Paso vs Sioux Falls?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Sioux Falls it is $544/mo.