Las Cruces vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Las Cruces is 4% cheaper for renters. A 2-bedroom rents for $806/mo vs $837/mo in Sioux Falls — saving $372/year.
Rent by Unit Size
| Unit Size | Las Cruces | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $537 | $544 | $7 |
| 1 Bedroom | $638 | $672 | $34 |
| 2 Bedrooms | $806 | $837 | $31 |
| 3 Bedrooms | $949 | $1,012 | $63 |
| 4 Bedrooms | $1,133 | $1,129 | $4 |
| Median Income | $43,858 | $55,443 | $11,585 |
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/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 Las Cruces or Sioux Falls cheaper to rent in?
Las Cruces is cheaper — a 2-bedroom Fair Market Rent is $806/mo vs $837/mo in Sioux Falls. That's $31/mo or $372/year more expensive in Sioux Falls (4% higher).
What is the 2-bedroom rent in Las Cruces vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Las Cruces is $806/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Las Cruces and Sioux Falls?
The median household income in Las Cruces is $43,858/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Las Cruces vs Sioux Falls?
A studio apartment Fair Market Rent in Las Cruces is $537/mo. In Sioux Falls it is $544/mo.