Racine vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 5% cheaper for renters. A 2-bedroom rents for $794/mo vs $837/mo in Sioux Falls — saving $516/year.
Rent by Unit Size
| Unit Size | Racine | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $508 | $544 | $36 |
| 1 Bedroom | $641 | $672 | $31 |
| 2 Bedrooms | $794 | $837 | $43 |
| 3 Bedrooms | $1,002 | $1,012 | $10 |
| 4 Bedrooms | $1,141 | $1,129 | $12 |
| Median Income | $42,267 | $55,443 | $13,176 |
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/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 Racine or Sioux Falls cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $837/mo in Sioux Falls. That's $43/mo or $516/year more expensive in Sioux Falls (5% higher).
What is the 2-bedroom rent in Racine vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Racine is $794/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Racine and Sioux Falls?
The median household income in Racine is $42,267/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Racine vs Sioux Falls?
A studio apartment Fair Market Rent in Racine is $508/mo. In Sioux Falls it is $544/mo.