Fayetteville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fayetteville is 10% cheaper for renters. A 2-bedroom rents for $763/mo vs $837/mo in Sioux Falls — saving $888/year.
Rent by Unit Size
| Unit Size | Fayetteville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $541 | $544 | $3 |
| 1 Bedroom | $639 | $672 | $33 |
| 2 Bedrooms | $763 | $837 | $74 |
| 3 Bedrooms | $1,019 | $1,012 | $7 |
| 4 Bedrooms | $1,164 | $1,129 | $35 |
| Median Income | $49,948 | $55,443 | $5,495 |
Fayetteville
- Studio
- $541/mo
- 1 BR
- $639/mo
- 2 BR
- $763/mo
- 3 BR
- $1,019/mo
- 4 BR
- $1,164/mo
- Median Income
- $49,948/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 Fayetteville or Sioux Falls cheaper to rent in?
Fayetteville is cheaper — a 2-bedroom Fair Market Rent is $763/mo vs $837/mo in Sioux Falls. That's $74/mo or $888/year more expensive in Sioux Falls (10% higher).
What is the 2-bedroom rent in Fayetteville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Fayetteville is $763/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Fayetteville and Sioux Falls?
The median household income in Fayetteville is $49,948/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Fayetteville vs Sioux Falls?
A studio apartment Fair Market Rent in Fayetteville is $541/mo. In Sioux Falls it is $544/mo.