Erie vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 25% cheaper for renters. A 2-bedroom rents for $668/mo vs $837/mo in Sioux Falls — saving $2,028/year.
Rent by Unit Size
| Unit Size | Erie | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $457 | $544 | $87 |
| 1 Bedroom | $553 | $672 | $119 |
| 2 Bedrooms | $668 | $837 | $169 |
| 3 Bedrooms | $861 | $1,012 | $151 |
| 4 Bedrooms | $985 | $1,129 | $144 |
| Median Income | $45,773 | $55,443 | $9,670 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Sioux Falls cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $837/mo in Sioux Falls. That's $169/mo or $2,028/year more expensive in Sioux Falls (25% higher).
What is the 2-bedroom rent in Erie vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Erie and Sioux Falls?
The median household income in Erie is $45,773/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Erie vs Sioux Falls?
A studio apartment Fair Market Rent in Erie is $457/mo. In Sioux Falls it is $544/mo.