Lubbock vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lubbock is 15% cheaper for renters. A 2-bedroom rents for $727/mo vs $837/mo in Sioux Falls — saving $1,320/year.
Rent by Unit Size
| Unit Size | Lubbock | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $467 | $544 | $77 |
| 1 Bedroom | $585 | $672 | $87 |
| 2 Bedrooms | $727 | $837 | $110 |
| 3 Bedrooms | $896 | $1,012 | $116 |
| 4 Bedrooms | $1,003 | $1,129 | $126 |
| Median Income | $49,610 | $55,443 | $5,833 |
Lubbock
- Studio
- $467/mo
- 1 BR
- $585/mo
- 2 BR
- $727/mo
- 3 BR
- $896/mo
- 4 BR
- $1,003/mo
- Median Income
- $49,610/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 Lubbock or Sioux Falls cheaper to rent in?
Lubbock is cheaper — a 2-bedroom Fair Market Rent is $727/mo vs $837/mo in Sioux Falls. That's $110/mo or $1,320/year more expensive in Sioux Falls (15% higher).
What is the 2-bedroom rent in Lubbock vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Lubbock is $727/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Lubbock and Sioux Falls?
The median household income in Lubbock is $49,610/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Lubbock vs Sioux Falls?
A studio apartment Fair Market Rent in Lubbock is $467/mo. In Sioux Falls it is $544/mo.