Peoria vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 14% cheaper for renters. A 2-bedroom rents for $736/mo vs $837/mo in Sioux Falls — saving $1,212/year.
Rent by Unit Size
| Unit Size | Peoria | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $470 | $544 | $74 |
| 1 Bedroom | $596 | $672 | $76 |
| 2 Bedrooms | $736 | $837 | $101 |
| 3 Bedrooms | $870 | $1,012 | $142 |
| 4 Bedrooms | $1,074 | $1,129 | $55 |
| Median Income | $39,404 | $55,443 | $16,039 |
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/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 Peoria or Sioux Falls cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $837/mo in Sioux Falls. That's $101/mo or $1,212/year more expensive in Sioux Falls (14% higher).
What is the 2-bedroom rent in Peoria vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Peoria and Sioux Falls?
The median household income in Peoria is $39,404/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Peoria vs Sioux Falls?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Sioux Falls it is $544/mo.