Louisville-Jefferson County vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County is 0% cheaper for renters. A 2-bedroom rents for $835/mo vs $837/mo in Sioux Falls — saving $24/year.
Rent by Unit Size
| Unit Size | Louisville-Jefferson County | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $555 | $544 | $11 |
| 1 Bedroom | $707 | $672 | $35 |
| 2 Bedrooms | $835 | $837 | $2 |
| 3 Bedrooms | $1,082 | $1,012 | $70 |
| 4 Bedrooms | $1,307 | $1,129 | $178 |
| Median Income | $52,763 | $55,443 | $2,680 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/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 Louisville-Jefferson County or Sioux Falls cheaper to rent in?
Louisville-Jefferson County is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $837/mo in Sioux Falls. That's $2/mo or $24/year more expensive in Sioux Falls (0% higher).
What is the 2-bedroom rent in Louisville-Jefferson County vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Louisville-Jefferson County and Sioux Falls?
The median household income in Louisville-Jefferson County is $52,763/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Sioux Falls?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Sioux Falls it is $544/mo.