Lakeland-Winter Haven vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 21% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,013/mo in Lakeland-Winter Haven — saving $2,112/year.
Rent by Unit Size
| Unit Size | Lakeland-Winter Haven | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $664 | $544 | $120 |
| 1 Bedroom | $793 | $672 | $121 |
| 2 Bedrooms | $1,013 | $837 | $176 |
| 3 Bedrooms | $1,178 | $1,012 | $166 |
| 4 Bedrooms | $1,395 | $1,129 | $266 |
| Median Income | $55,009 | $55,443 | $434 |
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/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 Lakeland-Winter Haven or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,013/mo in Lakeland-Winter Haven. That's $176/mo or $2,112/year more expensive in Lakeland-Winter Haven (21% higher).
What is the 2-bedroom rent in Lakeland-Winter Haven vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Lakeland-Winter Haven is $1,013/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Lakeland-Winter Haven and Sioux Falls?
The median household income in Lakeland-Winter Haven is $55,009/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Lakeland-Winter Haven vs Sioux Falls?
A studio apartment Fair Market Rent in Lakeland-Winter Haven is $664/mo. In Sioux Falls it is $544/mo.