Honolulu vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 131% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,937/mo in Honolulu — saving $13,200/year.
Rent by Unit Size
| Unit Size | Honolulu | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $1,256 | $544 | $712 |
| 1 Bedroom | $1,543 | $672 | $871 |
| 2 Bedrooms | $1,937 | $837 | $1,100 |
| 3 Bedrooms | $2,397 | $1,012 | $1,385 |
| 4 Bedrooms | $2,745 | $1,129 | $1,616 |
| Median Income | $116,677 | $55,443 | $61,234 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,937/mo in Honolulu. That's $1,100/mo or $13,200/year more expensive in Honolulu (131% higher).
What is the 2-bedroom rent in Honolulu vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Honolulu and Sioux Falls?
The median household income in Honolulu is $116,677/year. In Sioux Falls it is $55,443/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Sioux Falls?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Sioux Falls it is $544/mo.