Hanford-Corcoran 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 $871/mo in Hanford-Corcoran — saving $408/year.
Rent by Unit Size
| Unit Size | Hanford-Corcoran | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $578 | $544 | $34 |
| 1 Bedroom | $702 | $672 | $30 |
| 2 Bedrooms | $871 | $837 | $34 |
| 3 Bedrooms | $1,106 | $1,012 | $94 |
| 4 Bedrooms | $1,179 | $1,129 | $50 |
| Median Income | $53,765 | $55,443 | $1,678 |
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/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 Hanford-Corcoran or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $871/mo in Hanford-Corcoran. That's $34/mo or $408/year more expensive in Hanford-Corcoran (4% higher).
What is the 2-bedroom rent in Hanford-Corcoran vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Hanford-Corcoran is $871/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Hanford-Corcoran and Sioux Falls?
The median household income in Hanford-Corcoran is $53,765/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Hanford-Corcoran vs Sioux Falls?
A studio apartment Fair Market Rent in Hanford-Corcoran is $578/mo. In Sioux Falls it is $544/mo.