Sioux Falls vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 4% cheaper for renters. A 2-bedroom rents for $807/mo vs $837/mo in Sioux Falls — saving $360/year.
Rent by Unit Size
| Unit Size | Sioux Falls | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $544 | $531 | $13 |
| 1 Bedroom | $672 | $652 | $20 |
| 2 Bedrooms | $837 | $807 | $30 |
| 3 Bedrooms | $1,012 | $1,030 | $18 |
| 4 Bedrooms | $1,129 | $1,189 | $60 |
| Median Income | $55,443 | $47,140 | $8,303 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Sioux Falls or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $837/mo in Sioux Falls. That's $30/mo or $360/year more expensive in Sioux Falls (4% higher).
What is the 2-bedroom rent in Sioux Falls vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Sioux Falls is $837/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Sioux Falls and Winston-Salem?
The median household income in Sioux Falls is $55,443/year. In Winston-Salem it is $47,140/year. Sioux Falls has the higher median income.
What is the studio rent in Sioux Falls vs Winston-Salem?
A studio apartment Fair Market Rent in Sioux Falls is $544/mo. In Winston-Salem it is $531/mo.