New Haven-Milford vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 42% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,189/mo in New Haven-Milford — saving $4,224/year.
Rent by Unit Size
| Unit Size | New Haven-Milford | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $808 | $544 | $264 |
| 1 Bedroom | $974 | $672 | $302 |
| 2 Bedrooms | $1,189 | $837 | $352 |
| 3 Bedrooms | $1,507 | $1,012 | $495 |
| 4 Bedrooms | $1,637 | $1,129 | $508 |
| Median Income | $68,368 | $55,443 | $12,925 |
New Haven-Milford
- Studio
- $808/mo
- 1 BR
- $974/mo
- 2 BR
- $1,189/mo
- 3 BR
- $1,507/mo
- 4 BR
- $1,637/mo
- Median Income
- $68,368/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 New Haven-Milford or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,189/mo in New Haven-Milford. That's $352/mo or $4,224/year more expensive in New Haven-Milford (42% higher).
What is the 2-bedroom rent in New Haven-Milford vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in New Haven-Milford is $1,189/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between New Haven-Milford and Sioux Falls?
The median household income in New Haven-Milford is $68,368/year. In Sioux Falls it is $55,443/year. New Haven-Milford has the higher median income.
What is the studio rent in New Haven-Milford vs Sioux Falls?
A studio apartment Fair Market Rent in New Haven-Milford is $808/mo. In Sioux Falls it is $544/mo.