Sioux Falls vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 24% cheaper for renters. A 2-bedroom rents for $676/mo vs $837/mo in Sioux Falls — saving $1,932/year.
Rent by Unit Size
| Unit Size | Sioux Falls | Terre Haute | Difference |
|---|---|---|---|
| Studio | $544 | $419 | $125 |
| 1 Bedroom | $672 | $537 | $135 |
| 2 Bedrooms | $837 | $676 | $161 |
| 3 Bedrooms | $1,012 | $806 | $206 |
| 4 Bedrooms | $1,129 | $964 | $165 |
| Median Income | $55,443 | $40,500 | $14,943 |
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
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Sioux Falls or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $837/mo in Sioux Falls. That's $161/mo or $1,932/year more expensive in Sioux Falls (24% higher).
What is the 2-bedroom rent in Sioux Falls vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Sioux Falls is $837/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Sioux Falls and Terre Haute?
The median household income in Sioux Falls is $55,443/year. In Terre Haute it is $40,500/year. Sioux Falls has the higher median income.
What is the studio rent in Sioux Falls vs Terre Haute?
A studio apartment Fair Market Rent in Sioux Falls is $544/mo. In Terre Haute it is $419/mo.