Fort Collins vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 47% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,227/mo in Fort Collins — saving $4,680/year.
Rent by Unit Size
| Unit Size | Fort Collins | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $839 | $544 | $295 |
| 1 Bedroom | $990 | $672 | $318 |
| 2 Bedrooms | $1,227 | $837 | $390 |
| 3 Bedrooms | $1,487 | $1,012 | $475 |
| 4 Bedrooms | $1,747 | $1,129 | $618 |
| Median Income | $63,053 | $55,443 | $7,610 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,227/mo in Fort Collins. That's $390/mo or $4,680/year more expensive in Fort Collins (47% higher).
What is the 2-bedroom rent in Fort Collins vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Fort Collins and Sioux Falls?
The median household income in Fort Collins is $63,053/year. In Sioux Falls it is $55,443/year. Fort Collins has the higher median income.
What is the studio rent in Fort Collins vs Sioux Falls?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Sioux Falls it is $544/mo.