Olympia-Lacey-Tumwater vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 41% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $4,092/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $769 | $544 | $225 |
| 1 Bedroom | $945 | $672 | $273 |
| 2 Bedrooms | $1,178 | $837 | $341 |
| 3 Bedrooms | $1,376 | $1,012 | $364 |
| 4 Bedrooms | $1,633 | $1,129 | $504 |
| Median Income | $67,966 | $55,443 | $12,523 |
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/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 Olympia-Lacey-Tumwater or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $341/mo or $4,092/year more expensive in Olympia-Lacey-Tumwater (41% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Olympia-Lacey-Tumwater and Sioux Falls?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Sioux Falls it is $55,443/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Sioux Falls?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Sioux Falls it is $544/mo.