Sioux Falls vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 22% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,024/mo in Wilmington — saving $2,244/year.
Rent by Unit Size
| Unit Size | Sioux Falls | Wilmington | Difference |
|---|---|---|---|
| Studio | $544 | $656 | $112 |
| 1 Bedroom | $672 | $838 | $166 |
| 2 Bedrooms | $837 | $1,024 | $187 |
| 3 Bedrooms | $1,012 | $1,314 | $302 |
| 4 Bedrooms | $1,129 | $1,459 | $330 |
| Median Income | $55,443 | $52,995 | $2,448 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Sioux Falls or Wilmington cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,024/mo in Wilmington. That's $187/mo or $2,244/year more expensive in Wilmington (22% higher).
What is the 2-bedroom rent in Sioux Falls vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Sioux Falls is $837/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Sioux Falls and Wilmington?
The median household income in Sioux Falls is $55,443/year. In Wilmington it is $52,995/year. Sioux Falls has the higher median income.
What is the studio rent in Sioux Falls vs Wilmington?
A studio apartment Fair Market Rent in Sioux Falls is $544/mo. In Wilmington it is $656/mo.