Sioux Falls vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 46% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $4,572/year.
Rent by Unit Size
| Unit Size | Sioux Falls | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $544 | $817 | $273 |
| 1 Bedroom | $672 | $967 | $295 |
| 2 Bedrooms | $837 | $1,218 | $381 |
| 3 Bedrooms | $1,012 | $1,527 | $515 |
| 4 Bedrooms | $1,129 | $1,752 | $623 |
| Median Income | $55,443 | $69,520 | $14,077 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Sioux Falls or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $381/mo or $4,572/year more expensive in Tampa-St. Petersburg-Clearwater (46% higher).
What is the 2-bedroom rent in Sioux Falls vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Sioux Falls is $837/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Sioux Falls and Tampa-St. Petersburg-Clearwater?
The median household income in Sioux Falls is $55,443/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Sioux Falls vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Sioux Falls is $544/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.