Palm Bay-Melbourne-Titusville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 26% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $2,640/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $712 | $544 | $168 |
| 1 Bedroom | $871 | $672 | $199 |
| 2 Bedrooms | $1,057 | $837 | $220 |
| 3 Bedrooms | $1,335 | $1,012 | $323 |
| 4 Bedrooms | $1,531 | $1,129 | $402 |
| Median Income | $62,156 | $55,443 | $6,713 |
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/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 Palm Bay-Melbourne-Titusville or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $220/mo or $2,640/year more expensive in Palm Bay-Melbourne-Titusville (26% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Sioux Falls?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Sioux Falls it is $55,443/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Sioux Falls?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Sioux Falls it is $544/mo.