Lake Charles vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 14% cheaper for renters. A 2-bedroom rents for $735/mo vs $837/mo in Sioux Falls — saving $1,224/year.
Rent by Unit Size
| Unit Size | Lake Charles | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $490 | $544 | $54 |
| 1 Bedroom | $592 | $672 | $80 |
| 2 Bedrooms | $735 | $837 | $102 |
| 3 Bedrooms | $930 | $1,012 | $82 |
| 4 Bedrooms | $984 | $1,129 | $145 |
| Median Income | $45,479 | $55,443 | $9,964 |
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/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 Lake Charles or Sioux Falls cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $837/mo in Sioux Falls. That's $102/mo or $1,224/year more expensive in Sioux Falls (14% higher).
What is the 2-bedroom rent in Lake Charles vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Lake Charles and Sioux Falls?
The median household income in Lake Charles is $45,479/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Lake Charles vs Sioux Falls?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Sioux Falls it is $544/mo.