Evansville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 21% cheaper for renters. A 2-bedroom rents for $694/mo vs $837/mo in Sioux Falls — saving $1,716/year.
Rent by Unit Size
| Unit Size | Evansville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $442 | $544 | $102 |
| 1 Bedroom | $564 | $672 | $108 |
| 2 Bedrooms | $694 | $837 | $143 |
| 3 Bedrooms | $844 | $1,012 | $168 |
| 4 Bedrooms | $981 | $1,129 | $148 |
| Median Income | $35,376 | $55,443 | $20,067 |
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/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 Evansville or Sioux Falls cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $837/mo in Sioux Falls. That's $143/mo or $1,716/year more expensive in Sioux Falls (21% higher).
What is the 2-bedroom rent in Evansville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Evansville and Sioux Falls?
The median household income in Evansville is $35,376/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Evansville vs Sioux Falls?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Sioux Falls it is $544/mo.