Santa Cruz-Watsonville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 110% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $11,076/year.
Rent by Unit Size
| Unit Size | Santa Cruz-Watsonville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $1,172 | $544 | $628 |
| 1 Bedroom | $1,475 | $672 | $803 |
| 2 Bedrooms | $1,760 | $837 | $923 |
| 3 Bedrooms | $2,195 | $1,012 | $1,183 |
| 4 Bedrooms | $2,530 | $1,129 | $1,401 |
| Median Income | $89,493 | $55,443 | $34,050 |
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/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 Santa Cruz-Watsonville or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $923/mo or $11,076/year more expensive in Santa Cruz-Watsonville (110% higher).
What is the 2-bedroom rent in Santa Cruz-Watsonville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Santa Cruz-Watsonville is $1,760/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Santa Cruz-Watsonville and Sioux Falls?
The median household income in Santa Cruz-Watsonville is $89,493/year. In Sioux Falls it is $55,443/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Santa Cruz-Watsonville vs Sioux Falls?
A studio apartment Fair Market Rent in Santa Cruz-Watsonville is $1,172/mo. In Sioux Falls it is $544/mo.