Sioux Falls vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 2% cheaper for renters. A 2-bedroom rents for $820/mo vs $837/mo in Sioux Falls — saving $204/year.
Rent by Unit Size
| Unit Size | Sioux Falls | Syracuse | Difference |
|---|---|---|---|
| Studio | $544 | $546 | $2 |
| 1 Bedroom | $672 | $686 | $14 |
| 2 Bedrooms | $837 | $820 | $17 |
| 3 Bedrooms | $1,012 | $1,051 | $39 |
| 4 Bedrooms | $1,129 | $1,207 | $78 |
| Median Income | $55,443 | $42,142 | $13,301 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Sioux Falls or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $837/mo in Sioux Falls. That's $17/mo or $204/year more expensive in Sioux Falls (2% higher).
What is the 2-bedroom rent in Sioux Falls vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Sioux Falls is $837/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Sioux Falls and Syracuse?
The median household income in Sioux Falls is $55,443/year. In Syracuse it is $42,142/year. Sioux Falls has the higher median income.
What is the studio rent in Sioux Falls vs Syracuse?
A studio apartment Fair Market Rent in Sioux Falls is $544/mo. In Syracuse it is $546/mo.