Prescott Valley-Prescott 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 $1,054/mo in Prescott Valley-Prescott — saving $2,604/year.
Rent by Unit Size
| Unit Size | Prescott Valley-Prescott | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $648 | $544 | $104 |
| 1 Bedroom | $826 | $672 | $154 |
| 2 Bedrooms | $1,054 | $837 | $217 |
| 3 Bedrooms | $1,277 | $1,012 | $265 |
| 4 Bedrooms | $1,437 | $1,129 | $308 |
| Median Income | $60,079 | $55,443 | $4,636 |
Prescott Valley-Prescott
- Studio
- $648/mo
- 1 BR
- $826/mo
- 2 BR
- $1,054/mo
- 3 BR
- $1,277/mo
- 4 BR
- $1,437/mo
- Median Income
- $60,079/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 Prescott Valley-Prescott or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,054/mo in Prescott Valley-Prescott. That's $217/mo or $2,604/year more expensive in Prescott Valley-Prescott (26% higher).
What is the 2-bedroom rent in Prescott Valley-Prescott vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Prescott Valley-Prescott is $1,054/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Prescott Valley-Prescott and Sioux Falls?
The median household income in Prescott Valley-Prescott is $60,079/year. In Sioux Falls it is $55,443/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Prescott Valley-Prescott vs Sioux Falls?
A studio apartment Fair Market Rent in Prescott Valley-Prescott is $648/mo. In Sioux Falls it is $544/mo.