San Luis Obispo vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 94% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,623/mo in San Luis Obispo — saving $9,432/year.
Rent by Unit Size
| Unit Size | San Luis Obispo | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $1,065 | $544 | $521 |
| 1 Bedroom | $1,360 | $672 | $688 |
| 2 Bedrooms | $1,623 | $837 | $786 |
| 3 Bedrooms | $2,039 | $1,012 | $1,027 |
| 4 Bedrooms | $2,372 | $1,129 | $1,243 |
| Median Income | $94,761 | $55,443 | $39,318 |
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/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 San Luis Obispo or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,623/mo in San Luis Obispo. That's $786/mo or $9,432/year more expensive in San Luis Obispo (94% higher).
What is the 2-bedroom rent in San Luis Obispo vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in San Luis Obispo is $1,623/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between San Luis Obispo and Sioux Falls?
The median household income in San Luis Obispo is $94,761/year. In Sioux Falls it is $55,443/year. San Luis Obispo has the higher median income.
What is the studio rent in San Luis Obispo vs Sioux Falls?
A studio apartment Fair Market Rent in San Luis Obispo is $1,065/mo. In Sioux Falls it is $544/mo.